Minnesota Layoffs — January 2020
Employers in Minnesota posted 16 WARN Act notices in January 2020, affecting an estimated 701 workers — reflecting a cooling compared to December and up 22% versus January 2019. The average filing covered 44 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 405 |
| Manufacturing | 2 | 24 |
The Finance & Insurance sector saw the heaviest impact with 405 workers across 1 notice. On a related front, Manufacturing reported 24 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Ramsey | 2 | 410 |
| Carver | 1 | 116 |
| Renville | 1 | 52 |
| Hennepin | 2 | 40 |
| Anoka | 3 | 26 |
Ramsey was the epicenter of layoff activity, accounting for 58% of all affected workers with 410 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Shoreview | 1 | 405 |
| Chanhassen | 1 | 116 |
| Renville | 1 | 52 |
| Bloomington | 1 | 35 |
| Minneapolis | 2 | 21 |
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 - Shoreview 2019 at its Shoreview facility, reporting 405 affected workers. Massage Retreat & Spa followed with 116 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The trends suggest a mixed picture for Minnesota'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 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.