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New Jersey Layoffs — June 2007

Employers in New Jersey posted 6 WARN Act notices in June 2007, affecting an estimated 491 workers — reflecting a cooling compared to May and down 16% versus June 2006. The average filing covered 82 workers, with 0 closures among the notices.

6
Notices Filed
491
Workers Affected
82
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for New Jersey
IndustryNoticesWorkers
Finance & Insurance1127
Accommodation & Food1125
Information & Technology2115
Manufacturing172
Healthcare152

The Finance & Insurance sector saw the heaviest impact with 127 workers across 1 notice. On a related front, Accommodation & Food reported 125 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Gloucester1127
Essex1125
Monmouth2109
Morris172
Burlington158

Gloucester was the epicenter of layoff activity, accounting for 26% of all affected workers with 127 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Thorofare1127
South Orange1125
Randolph172
Marlton158
Holmdel157

Layoff Type Analysis

Layoff type classification was not available for filings in New Jersey this month.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
CorvestThorofare127
AramarkSouth Orange125
Rockaway BeddingRandolph72
Test TechnologyMarlton58
Alcatel-LucentHolmdel57
Select MedicalFreehold52

The largest notice was filed by Corvest at its Thorofare facility, reporting 127 affected workers. Aramark followed with 125 workers.

Trend & Outlook

This is the third consecutive month of declining layoff activity.

The trends suggest a easing in workforce disruptions across New Jersey, with filings falling below both recent and year-ago levels. The Finance & Insurance sector warrants close attention heading into the next period.

This analysis is based on official WARN Act filings reported by New Jersey. 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 New Jersey WARN notices, browse layoffs by state, or download the full dataset.

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