New Jersey Layoffs — May 2017
Employers in New Jersey reported 2 WARN Act notices in May 2017, displacing an estimated 292 workers — signaling a deceleration from April and up 62% versus May 2016. The average filing covered 146 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 1 | 204 |
| Information & Technology | 1 | 88 |
The Manufacturing sector topped the list of affected industries with 204 workers across 1 notice. Notably, Information & Technology reported 88 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Morris | 1 | 204 |
| Monmouth | 1 | 88 |
Morris absorbed the greatest share of layoffs, accounting for 70% of all affected workers with 204 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| East Hanover | 1 | 204 |
| Neptune | 1 | 88 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Novartis Pharmceuticals | East Hanover | 204 | ||
| Gannett Satellite Information Network | Neptune | 88 |
The most significant filing came from Novartis Pharmceuticals at its East Hanover facility, reporting 204 affected workers. Gannett Satellite Information Network followed with 88 workers.
Trend & Outlook
This is the third consecutive month of declining layoff activity.
The numbers illustrate 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.