Employers in New Jersey submitted 7 WARN Act notices in May 2010, putting at risk an estimated 707 workers — up substantially from April and down 29% versus May 2009. The average filing covered 101 workers, with 0 closures among the notices.
| Industry | Notices | Workers |
|---|---|---|
| Finance & Insurance | 1 | 170 |
| Information & Technology | 1 | 96 |
| Education | 1 | 94 |
| Retail | 1 | 73 |
| Admin & Support Services | 1 | 67 |
The Finance & Insurance sector emerged as the hardest-hit sector with 170 workers across 1 notice. Separately, Information & Technology reported 96 workers.
| County | Notices | Workers |
|---|---|---|
| Monmouth | 1 | 170 |
| Burlington | 1 | 149 |
| Camden | 1 | 96 |
| Morris | 1 | 94 |
| Atlantic | 1 | 73 |
Monmouth felt the sharpest impact, accounting for 24% of all affected workers with 170 workers across 1 notices.
| City | Notices | Workers |
|---|---|---|
| Shrewsbury | 1 | 170 |
| Fort Dix | 1 | 149 |
| Cherry Hill | 1 | 96 |
| Madison | 1 | 94 |
| Northfield | 1 | 73 |
Layoff type classification was not available for filings in New Jersey this month.
| Company | City | Workers | Type | Date |
|---|---|---|---|---|
| First Interstate Financial Corp | Shrewsbury | 170 | 2010-05-01 | |
| Iap World Services, Inc | Fort Dix | 149 | 2010-05-01 | |
| Philadelphia Media Holdings, LLC | Cherry Hill | 96 | 2010-05-01 | |
| Aramark Management Services At Drew University | Madison | 94 | 2010-05-01 | |
| Palombo'S Med-Rite Pharmacy | Northfield | 73 | 2010-05-01 | |
| Tyden Brooks Security Products Group | Phillipsburg | 67 | 2010-05-01 | |
| Interline Brands, Inc | Mt. Laurel | 58 | 2010-05-01 |
Topping the list was First Interstate Financial Corp at its Shrewsbury facility, reporting 170 affected workers. Iap World Services, Inc followed with 149 workers.
After a dip last month, layoff activity has ticked back up.
These figures highlight a mixed picture for New Jersey's labor market, with activity diverging between monthly and annual comparisons. The Finance & Insurance 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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