Business Employment Dynamics Summary

For release 10:00 a.m. (EDT) 				USDL-16-0820
Wednesday, April 27, 2016	

Technical information: (202) 691-6553  *  BDMInfo@bls.gov  *  www.bls.gov/bdm

Media contact:	       (202) 691-5902  *  PressOffice@bls.gov	


	  BUSINESS EMPLOYMENT DYNAMICS:  THIRD QUARTER 2015

From June 2015 to September 2015, gross job gains from opening and 
expanding private sector establishments were 7.3 million, a decrease
of 262,000 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 6.9 million, 
an increase of 149,000 jobs from the previous quarter. 
See tables A, 1, and 3.)

The difference between the number of gross job gains and the number of 
gross job losses yielded a net employment gain of 418,000 jobs in the 
private sector during the third quarter of 2015. 
(See tables A, 1, and 3.)

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 6.0 million in
the third quarter of 2015, a decrease of 262,000 jobs from the previous
quarter. (See tables A, 1, and 3.)

Opening establishments accounted for 1.3 million jobs gained in the 
third quarter of 2015, representing no change from the previous 
quarter. (See tables A, 1, and 3.)

Contracting establishments lost 5.7 million jobs in the third quarter 
of 2015. This was an increase of 116,000 jobs from the prior quarter. 
(See tables A, 1, and 3.)

In the third quarter of 2015, closing establishments lost 1.2 million 
jobs, an increase of 33,000 jobs from the previous quarter. 
(See tables A, 1, and 3.)

Gross job gains represented 6.1 percent of private sector employment 
in the third quarter of 2015, while gross job losses represented 5.8 
percent of private sector employment. (See tables A, 2, and 3.)

In the third quarter of 2015, the number of establishment births 
(a subset of the openings data, see the Technical Note for more 
information) increased by 6,000 to 238,000 establishments. These 
new establishments accounted for 871,000 jobs, an increase of 40,000
jobs from the previous quarter. (See table 8.)

Data for establishment deaths (a subset of the closings data) are 
available through the fourth quarter of 2014, when 709,000 jobs were
lost at 197,000 establishments. In the prior quarter, 705,000 jobs
were lost at 200,000 establishments.  (See table 8.)

During the third quarter of 2015, gross job gains exceeded gross job 
losses in most industry sectors except for natural resources and 
mining, manufacturing, retail trade, information, and other services.
The service-providing sector, with 6.0 million gross job gains and 
5.6 million gross job losses, experienced a net increase of 445,000
jobs. The goods-producing sector experienced a net decrease of 27,000
jobs, the result of 1.275 million gross job gains and 1.302 million 
gross job losses. The manufacturing sector, a subset of the 
goods-producing sector, experienced a net decrease of 25,000 jobs, the
result of 389,000 gross job gains and 414,000 gross job losses. 
(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.
                                2014    2014    2015    2015    2015

                                      Levels (in thousands)
                                      
Gross job gains................ 7,235   7,658   6,947   7,554  7,292
 At expanding establishments... 5,905   6,279   5,666   6,220  5,958
 At opening establishments..... 1,330   1,379   1,281   1,334  1,334

Gross job losses............... 6,710   6,563   6,721   6,725  6,874
 At contracting establishments. 5,523   5,322   5,558   5,541  5,657
 At closing establishments..... 1,187   1,241   1,163   1,184  1,217

Net employment change(1).......   525   1,095     226     829    418
								
                                         Rates (percent)

Gross job gains................   6.3     6.6     5.9     5.4    6.1
 At expanding establishments...   5.1     5.4     4.8     5.3    5.0
 At opening establishments.....   1.2     1.2     1.1     1.1    1.1

Gross job losses...............   5.8     5.7     5.7     5.7    5.8
 At contracting establishments.   4.8     4.6     4.7     4.7    4.8
 At closing establishments.....   1.0     1.1     1.0     1.0    1.0

Net employment change(1).......    .5      .9      .2      .7     .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.

In the third quarter of 2015, firms with 1-49 employees had a net 
employment gain of 97,000. Firms with 50-249 employees had a net 
employment gain of 66,000. Firms with 250 or more employees had a 
net employment gain of 231,000. (See table 4 and 5.)

Of the 2.4 million net jobs created over the last year, firms with 1-49 
employees contributed 33 percent of net job growth, while firms with 
50-249 employees contributed 20 percent, and firms with 250 or more 
employees contributed 47 percent. (See table 4 and 5.)  

In the third quarter of 2015, gross job gains exceeded gross job losses
in 27 states and the District of Columbia. California experienced 
955,474 gross job gains and 811,020 gross job losses resulting in a net
employment gain of 144,454. This is the largest net employment gain of 
any state this quarter. Florida had the second largest net employment 
gain this quarter with 75,673 net jobs, the result of 481,244 gross 
job gains and  405,571 gross job losses. (See table 6.) Alaska had the
highest rate of gross job gains as a percent of employment at 9.0 
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 4.8 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 is 
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 2015 are scheduled|
| to be released on Wednesday, July 27, 2016 at 10:00 a.m. (EDT).       |
 ------------------------------------------------------------------------

The PDF version of the news release

Supplemental Files Table of Contents

Table of Contents

Last Modified Date: April 27, 2016