Gross job gains and losses in the first quarter
November 26, 2003
From December 2002 to March 2003, the number of job gains from opening and expanding establishments was 7.4 million, and the number of job losses from closing and contracting establishments was 7.9 million. Expanding and contracting establishments accounted for most of the jobs gained and lost.
In the first quarter of 2003, expanding establishments added 5.9 million jobs, while opening establishments added 1.5 million. Gross job gains were smaller than in the previous quarter at both expanding and opening establishments.
In the first quarter of 2003, contracting establishments lost 6.4 million jobs, while closing establishments accounted for a loss of 1.6 million jobs. There were more jobs lost to contraction than there were in the previous quarter, but fewer lost as a result of establishments closing.
These data are from Business Employment Dynamics. Data presented here are for workers in private industry covered by State unemployment insurance programs. Find more in "Business Employment Dynamics: First Quarter 2003" (PDF) (TXT), news release USDL 03-761.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains and losses in the first quarter on the Internet at http://www.bls.gov/opub/ted/2003/nov/wk4/art03.htm (visited November 26, 2014).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.