Missouri Layoffs — October 2017
Employers in Missouri logged 3 WARN Act notices in October 2017, involving roughly 1,399 workers — climbing above September and up 677% versus October 2016. The average filing covered 466 workers, with 1 closure among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 1,208 |
| Manufacturing | 2 | 191 |
The Finance & Insurance sector dominated layoff filings with 1,208 workers across 1 notice. Meanwhile, Manufacturing reported 191 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Multiple Locations | 1 | 1,208 |
| Ralls | 1 | 119 |
| Cole | 1 | 72 |
Multiple Locations absorbed the greatest share of layoffs, accounting for 86% of all affected workers with 1,208 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| St. Louis | 1 | 1,208 |
| Hannibal | 1 | 119 |
| Jefferson City | 1 | 72 |
Layoff Type Analysis
| Type | Notices | Workers |
|---|---|---|
| Closure | 1 | 119 |
Closures accounted for 9% of affected workers, while the majority of filings were layoffs rather than permanent shutdowns.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| TD Ameritrade | St. Louis | 1,208 | ||
| Zhongding Sealing Parts (USA), Inc. DBA Buckhorn Rubber Products | Hannibal | 119 | Closure | |
| Amcor | Jefferson City | 72 |
The biggest impact was at TD Ameritrade at its St. Louis facility, reporting 1,208 affected workers. Zhongding Sealing Parts (USA), Inc. DBA Buckhorn Rubber Products followed with 119 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
This data points to mounting pressure on the Missouri 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 Missouri. 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 Missouri WARN notices, browse layoffs by state, or download the full dataset.