New Jersey Layoffs — October 2006

Employers in New Jersey reported 10 WARN Act notices in October 2006, displacing an estimated 1,124 workers — signaling a deceleration from September and up 68% versus October 2005. The average filing covered 112 workers, with 0 closures among the notices.

10
Notices Filed
1,124
Workers Affected
112
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Manufacturing2450
Healthcare1161
Information & Technology188

The Manufacturing sector topped the list of affected industries with 450 workers across 2 notices. Notably, Healthcare reported 161 workers.

Geographic Hotspots

CountyNoticesWorkers
Morris2405
Hudson2265
Ocean1161
Bergen188
Middlesex180

Morris felt the sharpest impact, accounting for 36% of all affected workers with 405 workers across 2 notices.

CityNoticesWorkers
Florham Park1350
Secaucus1211
Toms River1161
No. Brunswick1100
Mahwah188

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Altana Pharma USFlorham Park3502006-10-01
VersacoldSecaucus2112006-10-01
St. Barnabas Health CareToms River1612006-10-01
Ward PackagingNo. Brunswick1002006-10-01
DatascopeMahwah882006-10-01
DendritePiscataway802006-10-01
IntelParsippany552006-10-01
AramarkHoboken542006-10-01
Ferrero USASomerset252006-10-01
Victoria ManorNo. Cape MayN/A2006-10-01

The most significant filing came from Altana Pharma US at its Florham Park facility, reporting 350 affected workers. Versacold followed with 211 workers.

Trend & Outlook

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

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