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New Jersey Layoffs — December 2022

Employers in New Jersey posted 5 WARN Act notices in December 2022, affecting an estimated 549 workers — reflecting a significant uptick compared to November and down 15% versus December 2021. The average filing covered 110 workers, with 0 closures among the notices.

5
Notices Filed
549
Workers Affected
110
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for New Jersey
IndustryNoticesWorkers
Healthcare3442
Finance & Insurance165
Mining & Energy142

The Healthcare sector saw the heaviest impact with 442 workers across 3 notices. On a related front, Finance & Insurance reported 65 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Atlantic1325
Middlesex194
Essex165
Union142
Somerset123

Atlantic felt the sharpest impact, accounting for 59% of all affected workers with 325 workers across 1 notices.

Top cities by layoff notices
CityNoticesWorkers
Pomona1325
South Plainfield194
Bloomfield165
Elizabeth142
Somerset123

Layoff Type Analysis

Layoff type classification was not available for filings in New Jersey this month.

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Bacharach Institute for RehabilitationPomona325
Accurate Diagnostic LaboratoriesSouth Plainfield94
Reverse Mortgage FundingBloomfield65
Pegasus Home FashionsElizabeth42
Audiology Services Company USASomerset23

The largest notice was filed by Bacharach Institute for Rehabilitation at its Pomona facility, reporting 325 affected workers. Accurate Diagnostic Laboratories followed with 94 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The trends suggest a mixed picture for New Jersey's labor market, with activity diverging between monthly and annual comparisons. The Healthcare 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.

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