Louisiana Layoffs — March 2014
Employers in Louisiana filed 4 WARN Act notices in March 2014, impacting roughly 473 workers — representing a notable rise over February and up 35% versus March 2013. The average filing covered 118 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 2 | 374 |
| Finance & Insurance | 1 | 97 |
| Mining & Energy | 1 | 2 |
The Manufacturing sector led the way in workforce reductions with 374 workers across 2 notices. In a parallel development, Finance & Insurance reported 97 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Vernon | 1 | 332 |
| Iberia | 1 | 97 |
| Caddo | 1 | 42 |
| Saint Mary | 1 | 2 |
Vernon absorbed the greatest share of layoffs, accounting for 70% of all affected workers with 332 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Fort Polk | 1 | 332 |
| New Iberia | 1 | 97 |
| Shreveport | 1 | 42 |
| Morgan City | 1 | 2 |
Layoff Type Analysis
Layoff type classification was not available for filings in Louisiana this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Northrop Grumman Technical Services | Fort Polk | 332 | ||
| Teche Federal Bank | New Iberia | 97 | ||
| Printpack | Shreveport | 42 | ||
| McDermott | Morgan City | 2 |
The single largest action involved Northrop Grumman Technical Services at its Fort Polk facility, reporting 332 affected workers. Teche Federal Bank followed with 97 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The data underscores mounting pressure on the Louisiana labor market, with activity running above both recent and year-ago benchmarks. The Manufacturing sector warrants close attention heading into the next period.
This analysis is based on official WARN Act filings reported by Louisiana. The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100+ employees to provide 60-day advance notice of mass layoffs and plant closings. Data is updated daily by WARN Firehose. View all Louisiana WARN notices, browse layoffs by state, or download the full dataset.