South Dakota Layoffs — May 2008
Employers in South Dakota filed 1 WARN Act notices in May 2008, impacting roughly 18 workers and down 62% versus May 2007. The average filing covered 18 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 18 |
The Finance & Insurance sector led the way in workforce reductions with 18 workers across 1 notice.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Brown | 1 | 18 |
Brown absorbed the greatest share of layoffs, accounting for 100% of all affected workers with 18 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Aberdeen | 1 | 18 |
Layoff Type Analysis
Layoff type classification was not available for filings in South Dakota this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Student Financial Loan Corporation (SFLC) | Aberdeen | 18 |
The single largest action involved Student Financial Loan Corporation (SFLC) at its Aberdeen facility, reporting 18 affected workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The data underscores a mixed picture for South Dakota's labor market, with activity diverging between monthly and annual comparisons. 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.