New Jersey Layoffs — October 2008

Employers in New Jersey recorded 12 WARN Act notices in October 2008, covering approximately 2,481 workers — marking a decline from September and up 115% versus October 2007. The average filing covered 207 workers, with 0 closures among the notices.

12
Notices Filed
2,481
Workers Affected
207
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Information & Technology1287
Manufacturing1250
Construction1120
Transportation1106
Healthcare140

The Information & Technology sector accounted for the largest share of job cuts with 287 workers across 1 notice. At the same time, Manufacturing reported 250 workers.

Geographic Hotspots

CountyNoticesWorkers
Passaic1519
Gloucester2377
Union1287
Bergen1206
Burlington1106

Passaic felt the sharpest impact, accounting for 21% of all affected workers with 519 workers across 1 notices.

CityNoticesWorkers
Statewide2830
Clifton1519
Hillside1287
Thorofare1250
Mahwah1206

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Barclays CapitalStatewide7102008-10-01
Linens’ And ThingsClifton5192008-10-01
Survivor TechnologiesHillside2872008-10-01
Deluxe ManufacturingThorofare2502008-10-01
FootstarMahwah2062008-10-01
Linens’ And ThingsSwedesboro1272008-10-01
Builders First SourceStatewide1202008-10-01
Genesis LogisticsBurlington1062008-10-01
Barclays CapitalWhippany1002008-10-01
Ge HealthcareSomerset402008-10-01
Honeywell IntBlackwood122008-10-01
Honeywell ScanningW. Deptford42008-10-01

Leading the list was Barclays Capital at its Statewide facility, reporting 710 affected workers. Linens’ And Things followed with 519 workers.

Trend & Outlook

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