Mass layoffs — 4,621 positions — are in store for New Jersey so far in 2024, according to public filings.
You can check the exact layoffs on our database, which is browsable by topic, location and keyword.
The layoffs include 2,774 job cuts announced in 2023 for this year, and another 1,847 cuts announced in the first three months of 2024.
Those cuts come at a time when New Jersey’s workforce posted a net loss in jobs for the first time in six months. Meanwhile, the state unemployment rate has hovered at 4.8% since September, state data shows.
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“Certainly, growth has slowed, really in the second half of the year,” said James Hughes, an economist at Rutgers University.
