New Jersey Layoffs — April 2013

Employers in New Jersey filed 6 WARN Act notices in April 2013, impacting roughly 961 workers — representing a notable rise over March and down 66% versus April 2012. The average filing covered 160 workers, with 0 closures among the notices.

6
Notices Filed
961
Workers Affected
160
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Finance & Insurance2526
Healthcare2212

The Finance & Insurance sector led the way in workforce reductions with 526 workers across 2 notices. In a parallel development, Healthcare reported 212 workers.

Geographic Hotspots

CountyNoticesWorkers
Essex1469
Somerset1117
Hudson1106

Essex was the epicenter of layoff activity, accounting for 49% of all affected workers with 469 workers across 1 notices.

CityNoticesWorkers
Newark1469
Galloway2212
Basking Ridge1117
Jersey City1106
Robbinsville157

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
Bank of AmericaNewark4692013-04-01
The Health Center at GallowayGalloway1872013-04-01
Mylan Specialty L.PBasking Ridge1172013-04-01
Hartz Mountain CorporationJersey City1062013-04-01
Roma BankRobbinsville572013-04-01
Pediatric Day Health Center at GallowayGalloway252013-04-01

The single largest action involved Bank of America at its Newark facility, reporting 469 affected workers. The Health Center at Galloway followed with 187 workers.

Trend & Outlook

This marks the third consecutive month of rising layoff activity.

The data underscores 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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