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 August 28, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
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.