Business Employment Dynamics Summary

 For release 10:00 a.m. (EST) 				USDL-16-0157
Wednesday, January 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:  SECOND QUARTER 2015

From March 2015 to June 2015, gross job gains from opening and 
expanding private sector establishments were 7.6 million, an increase
of 607,000 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 6.7 million,
an increase of 4,000 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 829,000 jobs in the 
private sector during the second 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 6.2 million in 
the second quarter of 2015, an increase of 554,000 jobs from the 
previous quarter. (See tables A, 1, and 3.)

Opening establishments accounted for 1.3 million jobs gained in the 
second quarter of 2015, an increase of 53,000 jobs from the previous
quarter. (See tables A, 1, and 3.)

Contracting establishments lost 5.5 million jobs in the second quarter 
of 2015. This was a decrease of 17,000 jobs from the prior quarter. 
(See tables A, 1, and 3.)

In the second quarter of 2015, closing establishments lost 1.2 million 
jobs, an increase of 21,000 jobs from the previous quarter. 
(See tables A, 1, and 3.)

Gross job gains represented 6.4 percent of private sector employment 
in the second quarter of 2015, while gross job losses represented 5.7 
percent of private sector employment. (See tables A, 2, and 3.)

In the second quarter of 2015, the number of establishment births 
(a subset of the openings data, see the Technical Note for more 
information) decreased by 1,000 to 232,000 establishments. These 
new establishments accounted for 831,000 jobs, an increase of 25,000
jobs from the previous quarter. (See table 8.)

Data for establishment deaths (a subset of the closings data) are 
available through the third quarter of 2014, when 705,000 jobs were 
lost at 200,000 establishments. In the prior quarter, 717,000 jobs 
were lost at 205,000 establishments.  (See table 8.)

During the second quarter of 2015, gross job gains exceeded gross job 
losses in all industry sectors except the natural resources and mining
sector. The service-providing sector, with 6.2 million gross job gains
and 5.4 million gross job losses, experienced a net increase of 773,000
jobs. The goods-producing sector experienced a net increase of 56,000 
jobs, the result of 1.4 million gross job gains and 1.3 million gross 
job losses. The natural resources and mining sector, a subset of the 
goods-producing sector, experienced a net decrease of 69,000 jobs, the
result of 263,000 gross job gains and 332,000 gross job losses. 
(See table 3.)


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

Category                                 3 months ended

                                June    Sept.   Dec.    Mar.    June
                                2014    2014    2014    2015    2015

                                      Levels (in thousands)
                                      
Gross job gains................ 7,467   7,235   7,658   6,947  7,554
 At expanding establishments... 6,128   5,905   6,279   5,666  6,220
 At opening establishments..... 1,339   1,330   1,379   1,281  1,334

Gross job losses............... 6,584   6,710   6,563   6,721  6,725
 At contracting establishments. 5,362   5,523   5,322   5,558  5,541
 At closing establishments..... 1,222   1,187   1,241   1,163  1,184

Net employment change(1).......   883     525   1,095     226    829
								
                                         Rates (percent)

Gross job gains................   6.5     6.3     6.6     5.9    6.4
 At expanding establishments...   5.3     5.1     5.4     4.8    5.3
 At opening establishments.....   1.2     1.2     1.2     1.1    1.1

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

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

    (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 second quarter of 2015, firms with 1-49 employees had a net
employment gain of 311,000. Firms with 50-249 employees had a net 
employment gain of 192,000. Firms with 250 or more employees had a net
employment gain of 323,000. (See table 4 and 5.)
    
Of the 2.6 million net jobs created over the last year, firms with 1-49 
employees contributed 34 percent of net job growth, while firms with
50-249 employees contributed 21 percent, and firms with 250 or more
employees contributed 45 percent. (See table 4 and 5.)

In the second quarter of 2015, gross job gains exceeded gross job 
losses in 41 states and the District of Columbia. Florida experienced 
479,423 gross job gains and 410,152 gross job losses resulting in a net
employment gain of 69,271. This is the largest net employment gain of 
any state this quarter. New York had the second largest net employment
gain this quarter with 68,004 net jobs, the result of 510,517 gross job
gains and 442,513 gross job losses. (See table 6.) Alaska had the 
highest rate of gross job gains as a percent of employment at 10.6 
percent, above the U.S. rate of 6.4 percent. North Dakota had the 
highest rate of gross job losses as a percent of employment at 11.3 
percent, above the U.S. rate of 5.7 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 Third Quarter 2015 are scheduled  |
| to be released on Wednesday, April 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: January 27, 2016