New Jersey Layoffs — February 2020

Employers in New Jersey reported 11 WARN Act notices in February 2020, displacing an estimated 1,201 workers — signaling an acceleration from January and down 40% versus February 2019. The average filing covered 109 workers, with 0 closures among the notices.

11
Notices Filed
1,201
Workers Affected
109
Avg per Notice
0
Closures

Industry Breakdown

IndustryNoticesWorkers
Healthcare2607
Finance & Insurance1149

The Healthcare sector topped the list of affected industries with 607 workers across 2 notices. Notably, Finance & Insurance reported 149 workers.

Geographic Hotspots

CountyNoticesWorkers
Middlesex3335
Warren1150
Essex1110
Bergen244
Hudson120

Middlesex bore the heaviest burden, accounting for 28% of all affected workers with 335 workers across 3 notices.

CityNoticesWorkers
Wall1320
Dayton1287
Phillipsburg1150
Buffalo1149
Irvington1110

Layoff Type Analysis

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

Largest Layoffs

CompanyCityWorkersTypeDate
MONOC - Monmouth Ocean Hospital Services CorpWall3202020-02-01
PharMEDium Healthcare CorporationDayton2872020-02-01
Berry GlobalPhillipsburg1502020-02-01
Manufacturers & Trust Company (dba) M&T BankBuffalo1492020-02-01
International Vitamin CorportionIrvington1102020-02-01
Keurig Dr Pepper IncPlano732020-02-01
Transform SR LLCNew Brunswick482020-02-01
Barney's, IncLyndhurst232020-02-01
Barneys, IncLyndhurst212020-02-01
LogMeIn USA, IncJersey City202020-02-01
FedEX Ground Package System, IncEdison02020-02-01

The most significant filing came from MONOC - Monmouth Ocean Hospital Services Corp at its Wall facility, reporting 320 affected workers. PharMEDium Healthcare Corporation followed with 287 workers.

Trend & Outlook

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

The numbers illustrate 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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