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New Jersey Layoffs — November 2023

Employers in New Jersey reported 9 WARN Act notices in November 2023, displacing an estimated 2,011 workers — signaling an acceleration from October and up 310% versus November 2022. The average filing covered 223 workers, with 0 closures among the notices.

9
Notices Filed
2,011
Workers Affected
223
Avg per Notice
0
Closures

Industry Breakdown

Industry breakdown for New Jersey
IndustryNoticesWorkers
Professional Services2478
Retail1454
Transportation1378
Healthcare1300
Finance & Insurance2218
Information & Technology2183

The Professional Services sector topped the list of affected industries with 478 workers across 2 notices. Notably, Retail reported 454 workers.

Geographic Hotspots

Top counties by layoff notices
CountyNoticesWorkers
Hudson4775
Somerset3558
Essex1378
Morris1300

Hudson was the epicenter of layoff activity, accounting for 39% of all affected workers with 775 workers across 4 notices.

Top cities by layoff notices
CityNoticesWorkers
Jersey City3672
Somerset2478
Newark1378
Morris1300
Hoboken1103

Layoff Type Analysis

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

Largest Layoffs

Largest layoff notices
CompanyCityWorkersTypeDate
Ahold eCommerce SalesJersey City454
Swissport Cargo ServicesNewark378
Siemens Healthcare DiagnosticsMorris300
LabcorpSomerset239
LabcorpSomerset239
Charles Schwab &Jersey City109
Charles SchwabJersey City109
John Wiley & SonsHoboken103
Verizon Corp. Resources Group LLC & other VZ AffiliatesBasking Ridge80

The most significant filing came from Ahold eCommerce Sales at its Jersey City facility, reporting 454 affected workers. Swissport Cargo Services followed with 378 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The numbers illustrate mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. The Professional Services 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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