New Jersey Layoffs — May 2005

Employers in New Jersey posted 12 WARN Act notices in May 2005, affecting an estimated 1,523 workers — reflecting a significant uptick compared to April and up 74% versus May 2004. The average filing covered 127 workers, with 0 closures among the notices.

12
Notices Filed
1,523
Workers Affected
127
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Healthcare1221
Transportation188
Professional Services147
Information & Technology227

The Healthcare sector saw the heaviest impact with 221 workers across 1 notice. On a related front, Transportation reported 88 workers.

Geographic Hotspots

CountyNoticesWorkers
Union1388
Middlesex3365
Somerset1340
Hudson1221
Morris151

Union felt the sharpest impact, accounting for 25% of all affected workers with 388 workers across 1 notices.

CityNoticesWorkers
Union1388
Bridgewater1340
Edison2318
Jersey City1221
Statewide2117

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
TuscanUnion3882005-05-01
Biovail PharmBridgewater3402005-05-01
Atlantic & Pacific TeaEdison2302005-05-01
St. Francis Medical CtrJersey City2212005-05-01
Interstate BrandsStatewide1002005-05-01
Penske LogisticsEdison882005-05-01
Odyssey PharmFlorham Park512005-05-01
Duramed ResearchPlainsboro472005-05-01
Cingular WirelessParamus192005-05-01
Chubb & SonStatewide172005-05-01
US AluminumHaskell142005-05-01
Cingular WirelessParamus82005-05-01

The largest notice was filed by Tuscan at its Union facility, reporting 388 affected workers. Biovail Pharm followed with 340 workers.

Trend & Outlook

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

The trends suggest mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. 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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