South Dakota Layoffs — September 2018

Employers in South Dakota reported 2 WARN Act notices in September 2018, displacing an estimated 290 workers — signaling an acceleration from August and up 150% versus September 2017. The average filing covered 145 workers, with 0 closures among the notices.

2
Notices Filed
290
Workers Affected
145
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2290

The Finance & Insurance sector topped the list of affected industries with 290 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
Lincoln2290

Lincoln saw the most concentrated activity, accounting for 100% of all affected workers with 290 workers across 2 notices.

CityNoticesWorkers
Sioux Falls2290

Layoff Type Analysis

Layoff type classification was not available for filings in South Dakota this month.

Largest Layoffs

CompanyCityWorkersTypeDate
TCF BankSioux Falls1452018-09-05
TCF BankSioux Falls1452018-09-05

The most significant filing came from TCF Bank at its Sioux Falls facility, reporting 145 affected workers. TCF Bank followed with 145 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The numbers illustrate mounting pressure on the South Dakota labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by South Dakota. 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 South Dakota WARN notices, browse layoffs by state, or download the full dataset.

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