Business Employment Dynamics in Ohio — Third Quarter 2023

From June 2023 to September 2023, gross job losses from closing and contracting private-sector establishments in Ohio were 272,478, while gross job gains from opening and expanding private-sector establishments were 244,248, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Jason Palmer noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment loss of 28,230 jobs in the private sector during the third quarter of 2023. During the previous quarter, gross job losses exceeded gross job gains by 4,356. (See chart 1.)

Chart 1. Private-sector gross job gains and losses in Ohio, September 2018–September 2023, seasonally adjusted

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Chart 1. Private-sector gross job gains and losses in Ohio, September 2018–September 2023, seasonally adjusted
Period	Gross job losses	Gross job gains
Sep. 2018	269,278	250,459
Dec. 2018	246,393	258,889
Mar. 2019	247,526	262,651
Jun. 2019	265,597	269,773
Sep. 2019	274,256	252,194
Dec. 2019	249,558	267,987
Mar. 2020	270,297	240,022
Jun. 2020	646,292	202,646
Sep. 2020	231,628	338,804
Dec. 2020	233,449	289,763
Mar. 2021	227,470	276,132
Jun. 2021	263,490	267,715
Sep. 2021	269,725	279,644
Dec. 2021	234,310	320,528
Mar. 2022	230,184	296,668
Jun. 2022	277,298	275,432
Sep. 2022	260,595	274,284
Dec. 2022	270,059	278,516
Mar. 2023	229,257	276,221
Jun. 2023	271,213	266,857
Sep. 2023	272,478	244,248

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all private businesses in the economy. Business Employment Dynamics (BED) statistics track these changes in employment at private-sector establishments from the third month of one quarter to the third month of the next. The difference between the number of gross job gains and the number of gross job losses is the net change in employment. (See the Business Employment Dynamics Technical Note.)

Gross job gains

In the third quarter of 2023, gross job gains represented 5.2 percent of private-sector employment in Ohio; nationally, gross job gains accounted for 5.8 percent of private-sector employment. (See chart 2.) Gross job gains are the sum of increases in employment due to expansions at existing establishments and the addition of new jobs at opening establishments. In Ohio, gross job gains at expanding establishments totaled 208,256 in the third quarter of 2023, a decrease of 15,974 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 35,992 jobs gained in the third quarter of 2023, a decrease of 6,635 jobs from the previous quarter.

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Chart 2. Private-sector gross job gains as a percent of employment, United States and Ohio, September 2018–September 2023, seasonally adjusted
Period	United States	Ohio
Sep. 2018	6.0	5.4
Dec. 2018	6.2	5.6
Mar. 2019	6.0	5.6
Jun. 2019	6.1	5.8
Sep. 2019	5.9	5.3
Dec. 2019	6.2	5.7
Mar. 2020	5.5	5.1
Jun. 2020	4.8	4.5
Sep. 2020	9.4	7.8
Dec. 2020	7.4	6.5
Mar. 2021	7.0	6.1
Jun. 2021	6.8	5.9
Sep. 2021	7.3	6.1
Dec. 2021	7.7	7.0
Mar. 2022	6.7	6.4
Jun. 2022	6.6	5.9
Sep. 2022	6.9	5.8
Dec. 2022	6.3	5.9
Mar. 2023	6.2	5.8
Jun. 2023	6.2	5.6
Sep. 2023	5.8	5.2

Gross job losses

In the third quarter of 2023, gross job losses represented 5.7 percent of private-sector employment in Ohio; nationally, gross job losses accounted for 5.9 percent of private-sector employment. (See chart 3.) Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. In Ohio, contracting establishments lost 225,064 jobs in the third quarter of 2023, a decrease of 8,759 jobs from the prior quarter. Closing establishments lost 47,414 jobs, an increase of 10,024 jobs from the previous quarter.

View Chart Data

Chart 3. Private-sector gross job losses as a percent of employment, United States and Ohio, September 2018–September 2023, seasonally adjusted
Period	United States	Ohio
Sep. 2018	6.0	5.7
Dec. 2018	5.6	5.3
Mar. 2019	5.5	5.3
Jun. 2019	5.9	5.7
Sep. 2019	5.8	5.8
Dec. 2019	5.6	5.3
Mar. 2020	6.2	5.7
Jun. 2020	16.9	14.3
Sep. 2020	6.0	5.3
Dec. 2020	5.7	5.2
Mar. 2021	5.5	5.0
Jun. 2021	5.9	5.8
Sep. 2021	6.1	6.0
Dec. 2021	5.4	5.2
Mar. 2022	5.5	4.9
Jun. 2022	6.2	5.9
Sep. 2022	5.9	5.5
Dec. 2022	5.9	5.7
Mar. 2023	5.4	4.9
Jun. 2023	5.9	5.7
Sep. 2023	5.9	5.7

Industries

Gross job losses exceeded gross job gains in 9 of the 11 industry sectors in Ohio in the third quarter of 2023. Professional and business services had the largest over-the-quarter net job decrease, with a loss of 13,463 jobs. This was the result of 39,885 gross job gains and 53,348 gross job losses. The leisure and hospitality industry had a net loss of 10,051 jobs. Education and health services showed a net gain of 5,131 jobs; transportation and warehousing had a net gain of 1,519 jobs following three quarters of net job losses.

For more information

The BED data series include gross job gains and gross job losses by industry subsector, 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. BED data for the states have been included in table 2 of this release. Additional information is available online at the Business Employment Dynamics Home.

The Business Employment Dynamics for Fourth Quarter 2023 are scheduled to be released on Wednesday, July 24, 2024.

Technical Note

The Business Employment Dynamics (BED) data are a product of a federal-state cooperative program known as Quarterly Census of Employment and Wages (QCEW). The BED data are compiled by the U.S. Bureau of Labor Statistics (BLS) from existing QCEW records.

More information on formal definitions of the data used in this release, along with coverage, concepts, and methodology, can be found in the Business Employment Dynamics Technical Note.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Private sector gross job gains and losses by industry, Ohio, seasonally adjusted
Category	Gross job gains and losses (3 months ended)					Gross job gains and losses as a percent of employment (3 months ended)
Category	Sept. 2022	Dec. 2022	Mar. 2023	June 2023	Sept. 2023	Sept. 2022	Dec. 2022	Mar. 2023	June 2023	Sept. 2023
Total private (1)
Gross job gains	274,284	278,516	276,221	266,857	244,248	5.8	5.9	5.8	5.6	5.2
At expanding establishments	235,325	231,757	238,483	224,230	208,256	5.0	4.9	5.0	4.7	4.4
At opening establishments	38,959	46,759	37,738	42,627	35,992	0.8	1.0	0.8	0.9	0.8
Gross job losses	260,595	270,059	229,257	271,213	272,478	5.5	5.7	4.9	5.7	5.7
At contracting establishments	217,330	231,847	192,401	233,823	225,064	4.6	4.9	4.1	4.9	4.7
At closing establishments	43,265	38,212	36,856	37,390	47,414	0.9	0.8	0.8	0.8	1.0
Net employment change (2)	13,689	8,457	46,964	-4,356	-28,230	0.3	0.2	0.9	-0.1	-0.5
Construction
Gross job gains	18,309	20,331	22,549	19,629	18,181	7.9	8.8	9.4	8.1	7.8
At expanding establishments	14,837	16,153	18,511	15,998	15,223	6.4	7.0	7.7	6.6	6.5
At opening establishments	3,472	4,178	4,038	3,631	2,958	1.5	1.8	1.7	1.5	1.3
Gross job losses	20,763	19,553	16,792	22,058	19,534	9.0	8.5	7.0	9.2	8.3
At contracting establishments	17,282	16,150	13,619	18,302	15,542	7.5	7.0	5.7	7.6	6.6
At closing establishments	3,481	3,403	3,173	3,756	3,992	1.5	1.5	1.3	1.6	1.7
Net employment change (2)	-2,454	778	5,757	-2,429	-1,353	-1.1	0.3	2.4	-1.1	-0.5
Manufacturing
Gross job gains	21,347	23,378	20,884	19,933	16,940	3.1	3.4	3.0	2.9	2.5
At expanding establishments	19,889	21,679	19,587	18,372	15,597	2.9	3.2	2.8	2.7	2.3
At opening establishments	1,458	1,699	1,297	1,561	1,343	0.2	0.2	0.2	0.2	0.2
Gross job losses	21,162	18,780	18,745	20,939	21,263	3.1	2.8	2.7	3.1	3.1
At contracting establishments	18,981	17,449	17,173	19,689	19,287	2.8	2.6	2.5	2.9	2.8
At closing establishments	2,181	1,331	1,572	1,250	1,976	0.3	0.2	0.2	0.2	0.3
Net employment change (2)	185	4,598	2,139	-1,006	-4,323	0.0	0.6	0.3	-0.2	-0.6
Wholesale trade
Gross job gains	11,801	10,855	10,666	9,602	9,082	5.0	4.5	4.4	4.0	3.7
At expanding establishments	10,167	9,089	9,214	8,139	7,763	4.3	3.8	3.8	3.4	3.2
At opening establishments	1,634	1,766	1,452	1,463	1,319	0.7	0.7	0.6	0.6	0.5
Gross job losses	9,413	9,373	8,617	10,113	9,800	3.9	3.9	3.5	4.1	4.1
At contracting establishments	7,412	7,471	6,869	8,327	7,724	3.1	3.1	2.8	3.4	3.2
At closing establishments	2,001	1,902	1,748	1,786	2,076	0.8	0.8	0.7	0.7	0.9
Net employment change (2)	2,388	1,482	2,049	-511	-718	1.1	0.6	0.9	-0.1	-0.4
Retail trade
Gross job gains	34,308	29,393	32,142	29,394	31,289	6.3	5.4	5.9	5.4	5.7
At expanding establishments	30,968	25,711	28,690	26,240	28,446	5.7	4.7	5.3	4.8	5.2
At opening establishments	3,340	3,682	3,452	3,154	2,843	0.6	0.7	0.6	0.6	0.5
Gross job losses	33,882	31,979	26,384	33,556	32,334	6.2	5.9	4.8	6.1	5.9
At contracting establishments	30,130	28,604	23,949	30,572	28,759	5.5	5.3	4.4	5.6	5.2
At closing establishments	3,752	3,375	2,435	2,984	3,575	0.7	0.6	0.4	0.5	0.7
Net employment change (2)	426	-2,586	5,758	-4,162	-1,045	0.1	-0.5	1.1	-0.7	-0.2
Transportation and warehousing
Gross job gains	14,686	17,183	12,961	13,950	15,048	5.7	6.7	5.1	5.6	6.1
At expanding establishments	13,051	15,418	11,367	12,155	13,723	5.1	6.0	4.5	4.9	5.6
At opening establishments	1,635	1,765	1,594	1,795	1,325	0.6	0.7	0.6	0.7	0.5
Gross job losses	11,286	28,861	16,200	17,907	13,529	4.3	11.2	6.5	7.3	5.5
At contracting establishments	9,922	27,354	15,032	16,266	12,003	3.8	10.6	6.0	6.6	4.9
At closing establishments	1,364	1,507	1,168	1,641	1,526	0.5	0.6	0.5	0.7	0.6
Net employment change (2)	3,400	-11,678	-3,239	-3,957	1,519	1.4	-4.5	-1.4	-1.7	0.6
Information
Gross job gains	3,866	3,820	3,558	3,539	2,819	5.5	5.5	5.2	5.2	4.1
At expanding establishments	3,023	2,866	2,752	2,699	2,197	4.3	4.1	4.0	4.0	3.2
At opening establishments	843	954	806	840	622	1.2	1.4	1.2	1.2	0.9
Gross job losses	3,839	3,956	3,803	3,546	3,885	5.5	5.7	5.6	5.3	5.7
At contracting establishments	2,661	3,056	3,065	2,758	2,917	3.8	4.4	4.5	4.1	4.3
At closing establishments	1,178	900	738	788	968	1.7	1.3	1.1	1.2	1.4
Net employment change (2)	27	-136	-245	-7	-1,066	0.0	-0.2	-0.4	-0.1	-1.6
Financial activities
Gross job gains	15,108	15,699	11,922	13,028	11,581	5.0	5.1	3.9	4.2	3.8
At expanding establishments	12,614	12,822	9,739	10,801	9,754	4.2	4.2	3.2	3.5	3.2
At opening establishments	2,494	2,877	2,183	2,227	1,827	0.8	0.9	0.7	0.7	0.6
Gross job losses	13,881	15,040	12,469	11,465	13,023	4.6	4.9	4.1	3.7	4.3
At contracting establishments	11,307	12,566	9,460	9,315	10,047	3.7	4.1	3.1	3.0	3.3
At closing establishments	2,574	2,474	3,009	2,150	2,976	0.9	0.8	1.0	0.7	1.0
Net employment change (2)	1,227	659	-547	1,563	-1,442	0.4	0.2	-0.2	0.5	-0.5
Professional and business services
Gross job gains	49,076	44,525	48,308	47,012	39,885	6.6	6.0	6.5	6.3	5.4
At expanding establishments	40,846	35,131	40,934	37,731	31,773	5.5	4.7	5.5	5.1	4.3
At opening establishments	8,230	9,394	7,374	9,281	8,112	1.1	1.3	1.0	1.2	1.1
Gross job losses	47,371	50,373	41,056	50,995	53,348	6.3	6.8	5.5	6.9	7.2
At contracting establishments	38,290	42,105	32,828	43,152	42,425	5.1	5.7	4.4	5.8	5.7
At closing establishments	9,081	8,268	8,228	7,843	10,923	1.2	1.1	1.1	1.1	1.5
Net employment change (2)	1,705	-5,848	7,252	-3,983	-13,463	0.3	-0.8	1.0	-0.6	-1.8
Education and health services
Gross job gains	41,691	38,651	39,916	44,139	39,255	4.7	4.3	4.4	4.8	4.3
At expanding establishments	36,914	32,315	35,945	38,328	34,855	4.2	3.6	4.0	4.2	3.8
At opening establishments	4,777	6,336	3,971	5,811	4,400	0.5	0.7	0.4	0.6	0.5
Gross job losses	31,925	34,466	29,128	33,957	34,124	3.7	3.9	3.3	3.7	3.8
At contracting establishments	26,192	29,113	23,696	29,012	27,258	3.0	3.3	2.7	3.2	3.0
At closing establishments	5,733	5,353	5,432	4,945	6,866	0.7	0.6	0.6	0.5	0.8
Net employment change (2)	9,766	4,185	10,788	10,182	5,131	1.0	0.4	1.1	1.1	0.5
Leisure and hospitality
Gross job gains	50,005	59,029	59,304	52,463	47,470	9.3	10.8	10.5	9.3	8.5
At expanding establishments	41,495	47,963	50,213	42,256	38,760	7.7	8.8	8.9	7.5	6.9
At opening establishments	8,510	11,066	9,091	10,207	8,710	1.6	2.0	1.6	1.8	1.6
Gross job losses	53,858	45,033	43,524	53,149	57,521	10.0	8.2	7.7	9.4	10.2
At contracting establishments	44,714	37,665	36,690	45,460	48,003	8.3	6.9	6.5	8.0	8.5
At closing establishments	9,144	7,368	6,834	7,689	9,518	1.7	1.3	1.2	1.4	1.7
Net employment change (2)	-3,853	13,996	15,780	-686	-10,051	-0.7	2.6	2.8	-0.1	-1.7
Other services (3)
Gross job gains	10,449	10,901	10,285	11,046	9,463	7.0	7.3	6.9	7.3	6.2
At expanding establishments	8,807	8,934	8,799	9,203	7,780	5.9	6.0	5.9	6.1	5.1
At opening establishments	1,642	1,967	1,486	1,843	1,683	1.1	1.3	1.0	1.2	1.1
Gross job losses	10,113	9,632	9,355	9,963	10,848	6.8	6.5	6.3	6.5	7.2
At contracting establishments	7,900	7,880	7,318	7,937	8,641	5.3	5.3	4.9	5.2	5.7
At closing establishments	2,213	1,752	2,037	2,026	2,207	1.5	1.2	1.4	1.3	1.5
Net employment change (2)	336	1,269	930	1,083	-1,385	0.2	0.8	0.6	0.8	-1.0
Footnotes: (1) Includes unclassified sector not shown separately. (2) The net employment change is the difference between total gross job gains and total gross job losses. See the Technical Note for further information. (3) Except public administration.

Table 2. Private-sector gross job gains and losses as a percent of total employment by state, seasonally adjusted
Category	Gross job gains as a percent of employment (3 months ended)					Gross job losses as a percent of employment (3 months ended)
Category	Sept. 2022	Dec. 2022	Mar. 2023	June 2023	Sept. 2023	Sept. 2022	Dec. 2022	Mar. 2023	June 2023	Sept. 2023
United States(1)	6.9	6.3	6.2	6.2	5.8	5.9	5.9	5.4	5.9	5.9
Alabama	6.9	6.6	6.4	5.9	5.9	5.9	6.1	5.5	5.7	6.0
Alaska	8.5	10.9	10.4	11.0	8.5	10.4	9.2	8.0	8.9	10.5
Arizona	7.1	6.6	5.9	7.0	6.7	5.5	6.0	5.4	6.5	5.9
Arkansas	6.5	6.2	5.8	5.8	5.6	5.2	5.2	5.0	6.0	5.7
California	6.8	6.6	6.1	6.7	6.2	6.2	6.6	6.4	6.4	6.5
Colorado	7.0	7.6	7.2	7.3	5.5	7.1	6.9	6.5	6.6	6.2
Connecticut	6.3	5.9	6.1	6.4	5.8	6.2	5.9	5.3	5.7	6.2
Delaware	8.6	7.0	6.7	6.0	6.0	6.2	7.5	5.2	5.7	6.5
District of Columbia	7.2	5.6	5.9	5.4	5.5	5.0	5.5	4.8	5.3	5.4
Florida	7.8	6.2	6.3	6.8	6.5	5.6	6.0	5.6	5.8	5.8
Georgia	7.1	6.7	6.2	6.4	6.1	5.9	5.9	5.8	6.5	6.1
Hawaii	6.4	6.0	5.5	5.7	5.3	4.9	4.9	5.0	5.2	6.9
Idaho	7.8	8.4	7.9	7.9	7.3	7.5	6.9	7.5	7.5	8.2
Illinois	5.8	5.4	5.8	5.4	4.8	5.3	5.1	4.8	5.3	5.5
Indiana	6.4	5.7	5.5	5.5	5.8	5.5	5.2	5.0	6.1	5.8
Iowa	5.9	6.4	6.0	6.0	5.5	5.9	6.2	5.4	5.9	5.8
Kansas	7.4	6.3	6.1	6.1	5.7	5.5	5.6	5.4	6.0	6.0
Kentucky	6.6	6.0	6.1	5.6	5.7	5.4	5.3	4.9	5.9	5.5
Louisiana	6.9	6.1	6.3	6.1	6.2	5.7	6.2	5.6	6.4	6.0
Maine	7.6	7.4	7.7	7.6	6.8	7.3	6.8	6.2	7.6	7.8
Maryland	7.4	6.6	6.8	6.7	6.4	6.0	6.9	5.6	6.3	6.5
Massachusetts	6.2	5.5	5.8	5.9	5.4	6.1	5.8	4.7	5.7	6.1
Michigan	5.7	5.9	5.7	5.9	5.2	5.8	5.2	4.9	5.3	5.9
Minnesota	6.5	5.9	5.7	6.0	3.1	5.9	5.8	4.9	5.6	4.2
Mississippi	7.2	6.8	6.1	6.3	6.2	6.3	6.2	5.7	6.6	6.2
Missouri	6.8	6.1	6.5	5.9	5.6	6.3	5.8	5.1	5.9	5.8
Montana	8.7	9.2	8.7	7.8	7.7	7.8	7.8	7.1	8.4	8.5
Nebraska	7.1	6.0	6.3	6.0	6.0	6.1	5.7	5.1	5.6	5.9
Nevada	7.4	6.4	6.2	6.6	6.5	5.8	6.1	5.7	6.0	5.5
New Hampshire	6.9	6.7	7.0	6.7	5.9	6.7	6.0	5.9	6.3	6.7
New Jersey	6.8	6.8	6.1	6.8	5.9	6.4	5.9	5.7	5.9	5.9
New Mexico	8.0	6.7	6.8	6.4	6.1	5.9	6.2	5.9	6.2	6.7
New York	6.6	5.9	6.5	6.3	5.8	5.9	6.0	5.1	5.7	6.1
North Carolina	6.7	6.6	6.4	6.1	5.6	5.8	5.7	5.3	5.7	6.2
North Dakota	7.6	6.4	7.6	6.9	6.6	6.3	6.7	5.6	6.7	6.6
Ohio	5.8	5.9	5.8	5.6	5.2	5.5	5.7	4.9	5.7	5.7
Oklahoma	7.4	6.6	6.3	6.2	6.2	5.6	5.9	5.3	6.0	6.0
Oregon	6.7	6.5	7.3	6.4	6.1	6.0	6.2	6.1	6.9	6.9
Pennsylvania	6.1	5.5	5.5	5.2	5.2	5.1	5.2	4.6	5.5	5.2
Rhode Island	6.7	6.9	7.5	6.7	6.5	7.3	6.4	5.9	7.0	6.8
South Carolina	7.3	6.9	6.8	6.4	6.8	5.6	6.2	5.8	6.8	5.7
South Dakota	7.3	6.5	7.2	6.8	6.3	6.4	6.5	5.9	6.2	6.3
Tennessee	7.0	5.8	5.9	5.9	2.7	5.5	5.6	5.0	5.5	4.2
Texas	7.2	6.2	5.9	5.8	5.7	5.3	5.3	5.0	5.4	5.5
Utah	7.5	6.9	7.0	6.8	6.8	6.8	6.6	6.2	6.2	6.5
Vermont	7.2	7.8	8.2	7.4	6.3	7.8	7.0	6.0	7.5	8.0
Virginia	7.5	6.2	6.2	6.0	5.8	6.1	5.8	5.2	5.8	6.0
Washington	7.2	5.9	6.4	6.0	5.4	6.3	5.3	5.5	5.6	6.0
West Virginia	8.1	6.6	7.1	6.1	6.5	6.9	6.4	5.3	6.1	6.5
Wisconsin	6.0	6.0	6.0	5.6	5.2	5.8	5.5	4.9	5.9	5.9
Wyoming	9.2	9.2	8.9	8.4	8.2	8.4	7.9	7.8	8.7	8.2
Puerto Rico	6.2	6.6	5.1	5.8	5.7	5.3	6.1	5.7	4.9	5.4
Virgin Islands	8.5	5.9	7.5	7.4	8.2	5.5	4.7	6.5	6.8	7.1
Footnotes (1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands. The sum of the states will not necessarily add to the U.S. total because of the independent seasonal adjustment of each state.

Last Modified Date: Tuesday, May 07, 2024

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