Minnesota Layoffs — May 2019
Employers in Minnesota posted 53 WARN Act notices in May 2019, affecting an estimated 1,120 workers — reflecting a significant uptick compared to April and up 148% versus May 2018. The average filing covered 21 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 2 | 207 |
| Manufacturing | 4 | 58 |
| Information & Technology | 1 | 23 |
| Education | 1 | 12 |
The Finance & Insurance sector saw the heaviest impact with 207 workers across 2 notices. On a related front, Manufacturing reported 58 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Hennepin | 3 | 233 |
| Nicollet | 3 | 221 |
| Mcleod | 2 | 88 |
| Anoka | 6 | 75 |
| Murray | 1 | 61 |
Hennepin absorbed the greatest share of layoffs, accounting for 21% of all affected workers with 233 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Bloomington | 2 | 209 |
| Shakopee | 1 | 150 |
| Minneapolis | 5 | 74 |
| Hutchinson | 1 | 70 |
| Slayton | 1 | 61 |
Layoff Type Analysis
Layoff type classification was not available for filings in Minnesota this month.
Largest Layoffs
The largest notice was filed by Wells Fargo - Bloomington 2019 at its Bloomington facility, reporting 202 affected workers. My Pillow 2019 followed with 150 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The trends suggest mounting pressure on the Minnesota 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 Minnesota. 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 Minnesota WARN notices, browse layoffs by state, or download the full dataset.