New Jersey Layoffs — August 2013
Employers in New Jersey posted 3 WARN Act notices in August 2013, affecting an estimated 147 workers — reflecting a cooling compared to July and down 67% versus August 2012. The average filing covered 49 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 2 | 105 |
| Finance & Insurance | 1 | 42 |
The Manufacturing sector saw the heaviest impact with 105 workers across 2 notices. On a related front, Finance & Insurance reported 42 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Bergen | 1 | 80 |
| Middlesex | 1 | 42 |
| Somerset | 1 | 25 |
Bergen was the epicenter of layoff activity, accounting for 54% of all affected workers with 80 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Northvale | 1 | 80 |
| Iselin | 1 | 42 |
| Somerset | 1 | 25 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Takasago | Northvale | 80 | ||
| J P Morgan Chase | Iselin | 42 | ||
| Basf | Somerset | 25 |
The largest notice was filed by Takasago at its Northvale facility, reporting 80 affected workers. J P Morgan Chase followed with 42 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 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.