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Assessing Layoffs in Four Midwestern States during the Pandemic Recession

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  • Ruben Hernandez-Murillo
  • Pawel Krolikowski

Abstract

We use WARN data to assess layoffs in four Midwestern states during the current pandemic-induced recession—Kentucky, Ohio, Pennsylvania, and West Virginia. The data come from the advance layoff notices filed under the Worker Adjustment and Retraining Notification (WARN) Act. We find that the number of workers affected by layoff announcements rose sharply in the second half of March and April, and unexpected changes in economic conditions meant that workers received little advance notice before layoff. Layoff announcements have affected workers across these four states, and workers in mining and leisure and hospitality have been affected the most. Most recently, the number of workers affected by WARN notices has almost returned to prerecession levels.

Suggested Citation

  • Ruben Hernandez-Murillo & Pawel Krolikowski, 2020. "Assessing Layoffs in Four Midwestern States during the Pandemic Recession," Economic Commentary, Federal Reserve Bank of Cleveland, vol. 2020(21), pages 1-6, August.
  • Handle: RePEc:fip:fedcec:88500
    DOI: 10.26509/frbc-ec-202021
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    References listed on IDEAS

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    1. Bart Hobijn & Ayşegül Şahin, 2011. "Do initial claims overstate layoffs?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue feb7.
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    COVID-19;

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