New Jersey Layoffs — August 2023
Employers in New Jersey posted 17 WARN Act notices in August 2023, affecting an estimated 1,330 workers — reflecting a significant uptick compared to July and up 293% versus August 2022. The average filing covered 78 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Manufacturing | 5 | 569 |
| Healthcare | 1 | 207 |
| Finance & Insurance | 1 | 146 |
| Accommodation & Food | 2 | 126 |
| Information & Technology | 3 | 99 |
| Professional Services | 1 | 78 |
| Transportation | 1 | 50 |
| Retail | 1 | 27 |
The Manufacturing sector saw the heaviest impact with 569 workers across 5 notices. On a related front, Healthcare reported 207 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Morris | 2 | 310 |
| Monmouth | 2 | 260 |
| Essex | 2 | 196 |
| Bergen | 3 | 138 |
| Mercer | 1 | 108 |
Morris saw the most concentrated activity, accounting for 23% of all affected workers with 310 workers across 2 notices.
| City | Notices | Workers |
|---|---|---|
| Freehold | 1 | 210 |
| Florham Park | 1 | 207 |
| Newark | 2 | 196 |
| Lawrence | 1 | 108 |
| Hanover | 1 | 103 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
The largest notice was filed by Nestle USA at its Freehold facility, reporting 210 affected workers. CVS Health followed with 207 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
The trends suggest mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. 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.