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New Jersey Layoffs — December 2007

Employers in New Jersey posted 5 WARN Act notices in December 2007, affecting an estimated 130 workers — reflecting a cooling compared to November and down 95% versus December 2006. The average filing covered 26 workers, with 0 closures among the notices.

5
Notices Filed
130
Workers Affected
26
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for New Jersey
IndustryNoticesWorkers
Information & Technology251
Finance & Insurance150
Professional Services122
Manufacturing17

The Information & Technology sector saw the heaviest impact with 51 workers across 2 notices. On a related front, Finance & Insurance reported 50 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Burlington150
Mercer147
Bergen17
Essex14

Burlington felt the sharpest impact, accounting for 38% of all affected workers with 50 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Marlton150
East Windsor147
Teterboro17
Newark14

Layoff Type Analysis

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

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Popular FinancialMarlton50
Phyton BiotechEast Windsor47
Ideal Merchandising22
HoneywellTeterboro7
FloorserveNewark4

The largest notice was filed by Popular Financial at its Marlton facility, reporting 50 affected workers. Phyton Biotech followed with 47 workers.

Trend & Outlook

The trends suggest a easing in workforce disruptions across New Jersey, with filings falling below both recent and year-ago levels. The Information & Technology 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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