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New Jersey Layoffs — February 2009

Employers in New Jersey logged 12 WARN Act notices in February 2009, involving roughly 1,247 workers — falling below January and up 24% versus February 2008. The average filing covered 104 workers, with 0 closures among the notices.

12
Notices Filed
1,247
Workers Affected
104
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for New Jersey
IndustryNoticesWorkers
Retail2515
Information & Technology2216
Manufacturing2179
Healthcare1123
Transportation172
Real Estate171
Finance & Insurance145
Wholesale Trade226

The Retail sector dominated layoff filings with 515 workers across 2 notices. Meanwhile, Information & Technology reported 216 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Nassau1445
Hudson4320
Gloucester2153
Cumberland1123
Bergen172

Nassau felt the sharpest impact, accounting for 36% of all affected workers with 445 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Westbury1445
Jersey City2216
Williamstown2153
Vineland1123
Paramus172

Layoff Type Analysis

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

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Fortunoff HoldingsWestbury445
Castleford TailorsWilliamstown145
The Evening Journal AssociationJersey City144
South Jersey HospitalVineland123
Yang Ming (America)Jersey City72
IBMParamus72
Chelsea Property GroupRoseland71
Max RaveNorth Bergen70
Slm FinancialMount Laurel45
Basf CatalystsEast Newark34
Southern Wine And Spirits Of New JerseySomerville18
Burberry WholesaleWilliamstown8

The biggest impact was at Fortunoff Holdings at its Westbury facility, reporting 445 affected workers. Castleford Tailors followed with 145 workers.

Trend & Outlook

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