New Jersey Layoffs — February 2009

Employers in New Jersey filed 12 WARN Act notices in February 2009, impacting roughly 1,247 workers — representing a pullback from January and up 24% versus February 2008. The average filing covered 104 workers, with 0 closures among the notices.

12
Notices Filed
1,247
Workers Affected
104
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Healthcare1123
Finance & Insurance145
Wholesale Trade18

The Healthcare sector led the way in workforce reductions with 123 workers across 1 notice. In a parallel development, Finance & Insurance reported 45 workers.

Geographic Hotspots

CountyNoticesWorkers
Hudson3286
Gloucester2153
Cumberland1123
Bergen172
Essex171

Hudson bore the heaviest burden, accounting for 23% of all affected workers with 286 workers across 3 notices.

CityNoticesWorkers
Statewide1445
Jersey City2216
Williamstown2153
Vineland1123
Paramus172

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Fortunoff Holdings, LLCStatewide4452009-02-01
Castleford Tailors, LtdWilliamstown1452009-02-01
The Evening Journal AssociationJersey City1442009-02-01
South Jersey Hospital, IncVineland1232009-02-01
Yang Ming (America) CorpJersey City722009-02-01
IbmParamus722009-02-01
Chelsea Property GroupRoseland712009-02-01
Max Rave, LLCNorth Bergen702009-02-01
Slm Financial CorporationMt Laurel452009-02-01
Basf Catalysts, LLCEast Newark342009-02-01
Southern Wine And Spirits Of New JerseySomerville182009-02-01
Burberry Wholesale, LtdWilliamstown82009-02-01

The single largest action involved Fortunoff Holdings, LLC at its Statewide facility, reporting 445 affected workers. Castleford Tailors, Ltd followed with 145 workers.

Trend & Outlook

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