New Jersey Layoffs — March 2009
Employers in New Jersey recorded 16 WARN Act notices in March 2009, covering approximately 1,942 workers — marking a sharp increase from February and down 2% versus March 2008. The average filing covered 121 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 7 | 767 |
| Retail | 4 | 675 |
| Finance & Insurance | 2 | 150 |
| Construction | 1 | 128 |
| Professional Services | 1 | 121 |
| Transportation | 1 | 101 |
The Manufacturing sector accounted for the largest share of job cuts with 767 workers across 7 notices. At the same time, Retail reported 675 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Hudson | 2 | 411 |
| Morris | 1 | 350 |
| Bergen | 4 | 350 |
| Somerset | 2 | 228 |
| Camden | 2 | 191 |
Hudson saw the most concentrated activity, accounting for 21% of all affected workers with 411 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Florham Park | 1 | 350 |
| Secaucus | 1 | 341 |
| Newark | 2 | 151 |
| Pennsauken | 1 | 132 |
| Somerset | 1 | 129 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Asco | Florham Park | 350 | ||
| The Children'S Place Services | Secaucus | 341 | ||
| Catalent Pharma Solutions | Pennsauken | 132 | ||
| Drug Fair | Somerset | 129 | ||
| Fluor | Mount Laurel | 128 | ||
| Wolfblock | Newark | 121 | ||
| Home Depot | Paramus | 106 | ||
| American Distribution Service | Ridgefield | 101 | ||
| Home Depot | Bridgewater | 99 | ||
| Electrochem | Teterboro | 97 | ||
| State Street Bank & Trust | Princeton | 80 | ||
| Goldman Sachs | Jersey City | 70 | ||
| Propak | Barrington | 59 | ||
| Colorite Specialty Resins | Burlington | 53 | ||
| Cenveo | Carlstadt | 46 |
Leading the list was Asco at its Florham Park facility, reporting 350 affected workers. The Children'S Place Services followed with 341 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
The filings reflect a mixed picture for New Jersey's labor market, with activity diverging between monthly and annual comparisons. The Manufacturing 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.