New Jersey Layoffs — July 2023
Employers in New Jersey reported 18 WARN Act notices in July 2023, displacing an estimated 1,033 workers — signaling an acceleration from June and up 134% versus July 2022. The average filing covered 57 workers, with 0 closures among the notices.
Industry Breakdown
| Industry | Notices | Workers |
|---|---|---|
| Retail | 11 | 578 |
| Finance & Insurance | 3 | 197 |
| Information & Technology | 1 | 133 |
| Healthcare | 1 | 63 |
| Manufacturing | 2 | 62 |
The Retail sector topped the list of affected industries with 578 workers across 11 notices. Notably, Finance & Insurance reported 197 workers.
Geographic Hotspots
| County | Notices | Workers |
|---|---|---|
| Ocean | 3 | 241 |
| Union | 1 | 143 |
| Camden | 2 | 125 |
| Essex | 2 | 109 |
| Morris | 2 | 89 |
Ocean was the epicenter of layoff activity, accounting for 23% of all affected workers with 241 workers across 3 notices.
| City | Notices | Workers |
|---|---|---|
| Springfield | 1 | 143 |
| Jackson | 1 | 133 |
| Cherry Hill | 2 | 125 |
| Newark | 2 | 109 |
| Jersey City | 1 | 63 |
Layoff Type Analysis
Layoff type classification was not available for filings in New Jersey this month.
Largest Layoffs
The most significant filing came from Christmas Tree Shops - Location 1 at its Springfield facility, reporting 143 affected workers. Accesso followed with 133 workers.
Trend & Outlook
This marks the third consecutive month of rising layoff activity.
The numbers illustrate mounting pressure on the New Jersey labor market, with activity running above both recent and year-ago benchmarks. The Retail 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.