U.S. Employment Trends

U.S. Gross Job Gains 7.0 Million and Gross Job Losses 6.6 Million in the 3rd Quarter of 2013

In third quarter 2013, gross job gains from opening and expanding private sector establishments were 7.0 million. Gross job losses from closing and contracting private sector establishments were 6.6 million.

U.S. Bureau of Labor Statistics

BUSINESS EMPLOYMENT DYNAMICS:  THIRD QUARTER 2013

From June 2013 to September 2013 gross job gains from opening and
expanding private sector establishments were 7.0 million, a decrease of
168,000 jobs from the previous quarter, the U.S. Bureau of Labor
Statistics reported today. Over this period, gross job losses from
closing and contracting private sector establishments were 6.6 million,
an increase of 77,000 jobs from the previous quarter.

The difference between the number of gross job gains and the number of
gross job losses yielded a net employment gain of 421,000 jobs in the
private sector during the third quarter of 2013. (See table 1.)

The change in the number of jobs over time is the net result of
increases and decreases in employment that occur at all businesses
in the economy. Business Employment Dynamics (BED) statistics track
these changes in employment at private business units from the third
month of one quarter to the third month of the next. Gross job gains
are the sum of increases in employment from expansions at existing
units and the addition of new jobs at opening units. Gross job losses
are the result of contractions in employment at existing units and the
loss of jobs at closing units. The difference between the number of
gross job gains and the number of gross job losses is the net change
in employment. (See the Technical Note for more information.)

The BED data series include gross job gains and gross job losses at the
establishment level by industry subsector and for the 50 states, the
District of Columbia, Puerto Rico, and the Virgin Islands, as well as
gross job gains and gross job losses at the firm level by employer size
class.

Gross job gains at expanding establishments totaled 5.7 million in
third quarter 2013, a decrease of 153,000 jobs from the previous
quarter.

Opening establishments accounted for 1.3 million jobs gained in third
quarter 2013, a decrease of 15,000 jobs from the previous quarter.

Contracting establishments lost 5.4 million jobs in third quarter
2013. This is an increase of 136,000 jobs from the prior quarter.

In the third quarter of 2013, closing establishments lost 1.2 million
jobs, a decrease of 59,000 jobs from the previous quarter. (See
tables 1 and 3.)

Gross job gains represented 6.1 percent of private sector employment
in third quarter 2013, while gross job losses represented 5.8 percent
of private sector employment. (See table 2.)

In third quarter 2013, the number of establishment births (a subset of
the openings data, see the Technical Note for more information)
decreased by 11,000 to 215,000. These new establishments accounted for
792,000 jobs, an increase of 15,000 from the previous quarter.
(See table 8.)

Data for establishment deaths (a subset of the closings data) are
available through fourth quarter 2012, when 675,000 jobs were lost at
182,000 establishments. These figures represent a decrease from the
prior quarter when 684,000 jobs were lost at 185,000 establishments.

During the third quarter of 2013, gross job gains exceeded gross job
losses in all industry sectors except: natural resources and mining,
manufacturing, utilities, information, and leisure and hospitality.
The professional and business services sector, which includes temporary
help services, experienced a net increase of 123,000 jobs as a result
of higher gross job gains (1,360,000) and fewer gross job losses
(1,237,000) this quarter. This represents the largest over the quarter
net employment change of all industry sectors, and it is the sixteenth
consecutive quarter of net job growth for this sector. (See table 3.)


Table A. Three-month private sector gross job gains and losses,
seasonally adjusted

Category 3 months ended

Sept. Dec. Mar. June Sept.
2012 2012 2013 2013 2013

Levels (in thousands)

Gross job gains................ 6,847 7,110 7,200 7,143 6,975
At expanding establishments... 5,552 5,769 5,623 5,839 5,686
At opening establishments..... 1,295 1,341 1,577 1,304 1,289

Gross job losses............... 6,614 6,401 6,286 6,477 6,554
At contracting establishments. 5,436 5,199 5,136 5,267 5,403
At closing establishments..... 1,178 1,202 1,150 1,210 1,151

Net employment change(1)....... 233 709 914 666 421

Rates (percent)

Gross job gains................ 6.2 6.4 6.4 6.4 6.1
At expanding establishments... 5.0 5.2 5.0 5.2 5.0
At opening establishments..... 1.2 1.2 1.4 1.2 1.1

Gross job losses............... 6.0 5.8 5.6 5.8 5.8
At contracting establishments. 4.9 4.7 4.6 4.7 4.8
At closing establishments..... 1.1 1.1 1.0 1.1 1.0

Net employment change(1)....... .2 .6 .8 .6 .3

(1) The net employment change is the difference between total
gross job gains and total gross job losses. See the Technical
Note for further information.


Firms with 1-49 employees accounted for 40 percent of total net job
growth in the third quarter of 2013. Firms with 50-249 employees and
firms with 250 or more employees accounted for 14 percent and 46
percent of net job growth, respectively. This quarter is the fourteenth
consecutive quarter of positive net employment change for all three
major firm size categories. Of the 7.9 million net new jobs created
between the second quarter of 2010 and the third quarter of 2013, firms
with 1-49 employees contributed 30 percent of net job growth, while
firms with 50-249 employees contributed 22 percent, and firms with 250
or more employees contributed 48 percent. (See Tables 4 and 5.)

In the third quarter of 2013, gross job gains exceeded gross job losses
in 38 states and the District of Columbia. California had the largest
net employment gain of 77,594 jobs, followed by Texas with 64,642 jobs.
(See table 6.) Alaska had the largest rate of gross job gains as a
percent of employment at 9.7 percent, above the U.S. rate of 6.1
percent. Hawaii had the lowest rate of gross job losses as a percent
of employment at 4.9 percent, below the U.S. rate of 5.8 percent.
(See table 7.)


More Information
Additional information on gross job gains and gross job losses are
available online at www.bls.gov/bdm. This information includes data
on the levels and rates of gross job gains and gross job losses by
firm size, not seasonally adjusted data and other seasonally adjusted
time series not presented in this release, charts of gross job gains
and gross job losses by industry and firm size, and frequently asked
questions on firm size data. Additional information about the Business
Employment Dynamics data can be found in the Technical Note of this
release or may be obtained by e-mailing BDMinfo@bls.gov.




| The Business Employment Dynamics for Fourth Quarter 2013 are scheduled |
| to be released on Wednesday, July 30, 2014 at 10:00 a.m. (EDT). |









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