New Jersey Layoffs — November 2011

Employers in New Jersey posted 15 WARN Act notices in November 2011, affecting an estimated 1,958 workers — reflecting a significant uptick compared to October and up 311% versus November 2010. The average filing covered 131 workers, with 0 closures among the notices.

15
Notices Filed
1,958
Workers Affected
131
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance1500
Manufacturing2183
Utilities188
Healthcare114

The Finance & Insurance sector saw the heaviest impact with 500 workers across 1 notice. On a related front, Manufacturing reported 183 workers.

Geographic Hotspots

CountyNoticesWorkers
Morris3683
Monmouth2398
Bergen2268
Burlington2192
Hudson1106

Morris saw the most concentrated activity, accounting for 35% of all affected workers with 683 workers across 3 notices.

CityNoticesWorkers
Parsippany1500
Oceanport1310
East Rutherford1208
Trenton2192
East Hanover2183

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
State Farm InsuranceParsippany5002011-11-01
ARAMARK Sports, LLCOceanport3102011-11-01
ARAMARK Sports, LLCEast Rutherford2082011-11-01
Exxon Mobil CorporationFairfax1802011-11-01
Trenton Convalescent Center Operating CoTrenton1732011-11-01
Novartis Pharmaceuticals CorporationEast Hanover1452011-11-01
Syms Corporation and Filene's BasementSecaucus1062011-11-01
ECSM Utility Contractors, IncEnglishtown882011-11-01
Syms Corporation and Filene's BasementParamus602011-11-01
BemisFlemington532011-11-01
Novartis Pharmaceuticals CorporationEast Hanover382011-11-01
Syms Corporation and Filene's BasementWoodbridge372011-11-01
Syms Corporation and Filene's BasementCherry Hill272011-11-01
Millhouse Day CareTrenton192011-11-01
Healthcare Services Group, IncBensalem142011-11-01

The largest notice was filed by State Farm Insurance at its Parsippany facility, reporting 500 affected workers. ARAMARK Sports, LLC followed with 310 workers.

Trend & Outlook

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

The trends suggest mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. 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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