New Jersey Layoffs — February 2016
Employers in New Jersey submitted 5 WARN Act notices in February 2016, putting at risk an estimated 264 workers and down 87% versus February 2015. The average filing covered 53 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 2 | 124 |
| Retail | 1 | 75 |
| Transportation | 1 | 63 |
| Finance & Insurance | 1 | 2 |
The Manufacturing sector emerged as the hardest-hit sector with 124 workers across 2 notices. Separately, Retail reported 75 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Bergen | 2 | 138 |
| Middlesex | 1 | 100 |
| Morris | 2 | 26 |
Bergen felt the sharpest impact, accounting for 52% of all affected workers with 138 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Edison | 1 | 100 |
| Lodi | 1 | 75 |
| Park Ridge | 1 | 63 |
| Parsippany | 2 | 26 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Cosmetic Esssence, LLS | Edison | 100 | ||
| Kmart | Lodi | 75 | ||
| The Hertz | Park Ridge | 63 | ||
| Daiichi Sankyo | Parsippany | 24 | ||
| New York Life Insurance | Parsippany | 2 |
Topping the list was Cosmetic Esssence, LLS at its Edison facility, reporting 100 affected workers. Kmart followed with 75 workers.
Trend & Outlook
After a dip last month, layoff activity has ticked back up.
These figures highlight 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.