New Jersey Layoffs — January 2004

Employers in New Jersey logged 3 WARN Act notices in January 2004, involving roughly 289 workers. The average filing covered 96 workers, with 0 closures among the notices.

3
Notices Filed
289
Workers Affected
96
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2194

The Finance & Insurance sector dominated layoff filings with 194 workers across 2 notices.

Geographic Hotspots

CountyNoticesWorkers
Somerset1131
Warren163

Somerset saw the most concentrated activity, accounting for 45% of all affected workers with 131 workers across 1 notices.

CityNoticesWorkers
Bridgewater1131
No. Brunswick195
Phillipsburg163

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Pnc FinancialBridgewater1312004-01-01
L’Oreal USANo. Brunswick952004-01-01
Pnc FinancialPhillipsburg632004-01-01

The biggest impact was at Pnc Financial at its Bridgewater facility, reporting 131 affected workers. L’Oreal USA followed with 95 workers.

Trend & Outlook

After a dip last month, layoff activity has ticked back up.

This data points to mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. The Finance & Insurance 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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