New Jersey Layoffs — June 2008

Employers in New Jersey filed 18 WARN Act notices in June 2008, impacting roughly 2,524 workers — representing a notable rise over May and up 306% versus June 2007. The average filing covered 140 workers, with 0 closures among the notices.

18
Notices Filed
2,524
Workers Affected
140
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Information & Technology3560
Finance & Insurance1162

The Information & Technology sector led the way in workforce reductions with 560 workers across 3 notices. In a parallel development, Finance & Insurance reported 162 workers.

Geographic Hotspots

CountyNoticesWorkers
Somerset4610
Hudson2252
Essex1242
Camden1206
Union1171

Somerset saw the most concentrated activity, accounting for 24% of all affected workers with 610 workers across 4 notices.

CityNoticesWorkers
Bridgewater2549
Statewide1500
Newark1242
Pennsauken1206
Union1171

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Schering-PloughStatewide5002008-06-01
Ortho BiotechBridgewater2892008-06-01
Ortho BiotechBridgewater2602008-06-01
Delaware NorthNewark2422008-06-01
Lehigh PressPennsauken2062008-06-01
National EnvelopeUnion1712008-06-01
Bank Of AmericaJersey City1622008-06-01
IntercallWayne1212008-06-01
Liz ClaiborneDayton922008-06-01
Interstate OgisticsSecaucus902008-06-01
Abbott LaboratoriesParsippany832008-06-01
Polymer GroupLandisville822008-06-01
Zinsser CoSomerset612008-06-01
Wallenius WilhelmsenWoodcliff Lake562008-06-01
Comfort Inn/Econo LodgeAtlantic City502008-06-01

The single largest action involved Schering-Plough at its Statewide facility, reporting 500 affected workers. Ortho Biotech followed with 289 workers.

Trend & Outlook

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

The data underscores mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. The Information & Technology 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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