New Jersey Layoffs — May 2022
Employers in New Jersey recorded 3 WARN Act notices in May 2022, covering approximately 475 workers and down 14% versus May 2021. The average filing covered 158 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 1 | 240 |
| Healthcare | 2 | 235 |
The Manufacturing sector accounted for the largest share of job cuts with 240 workers across 1 notice. At the same time, Healthcare reported 235 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Somerset | 1 | 240 |
| Burlington | 1 | 124 |
| Bergen | 1 | 111 |
Somerset absorbed the greatest share of layoffs, accounting for 51% of all affected workers with 240 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Somerset | 1 | 240 |
| Trenton | 1 | 124 |
| Elmwood Park | 1 | 111 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| Akorn Operating | Somerset | 240 | ||
| GEO Reentry Services | Trenton | 124 | ||
| BioReference Health | Elmwood Park | 111 |
Leading the list was Akorn Operating at its Somerset facility, reporting 240 affected workers. GEO Reentry Services followed with 124 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.