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New Jersey Layoffs — September 2008

Employers in New Jersey filed 12 WARN Act notices in September 2008, impacting roughly 2,718 workers — representing a notable rise over August and down 16% versus September 2007. The average filing covered 226 workers, with 0 closures among the notices.

12
Notices Filed
2,718
Workers Affected
226
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for New Jersey
IndustryNoticesWorkers
Information & Technology31,907
Finance & Insurance3255
Manufacturing2190
Real Estate1147
Wholesale Trade176
Transportation132

The Information & Technology sector led the way in workforce reductions with 1,907 workers across 3 notices. In a parallel development, Finance & Insurance reported 255 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Essex21,725
Burlington3420
Camden2199
Morris1111
Cape May199

Essex bore the heaviest burden, accounting for 63% of all affected workers with 1,725 workers across 2 notices.

Top cities by layoff notices
CityNoticesWorkers
Newark11,657
Cherry Hill2199
Trenton1151
Marlton1147
Burlington1122

Layoff Type Analysis

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

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Newark Morning LedgerNewark1,657
Popular MortgageCherry Hill167
Times Of TrentonTrenton151
Equity OneMarlton147
Burlington ResinsBurlington122
Ebi HoldingsParsippany111
Njfop FundraisingOcean99
Vwr IntBridgeport76
American Fuji SealFairfield68
WachoviaNo. Brunswick56
Gmac MortgageCherry Hill32
Sws WarehousingMonroe32

The single largest action involved Newark Morning Ledger at its Newark facility, reporting 1,657 affected workers. Popular Mortgage followed with 167 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

The data underscores a mixed picture for New Jersey's labor market, with activity diverging between monthly and annual comparisons. 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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