Job losses and gains in the fourth quarter of 2006
August 17, 2007
Opening and expanding private sector business establishments gained 7.7 million jobs in the fourth quarter of 2006, an increase of 370,000 from the previous quarter.
Over the fourth quarter of 2006, expanding establishments added 6.3 million jobs while opening establishments added 1.5 million jobs.
Gross job losses totaled 7.2 million in the fourth quarter of 2006, a decrease of 127,000 from the previous quarter. During the quarter, contracting establishments lost 5.9 million jobs while closing establishments lost 1.3 million jobs.
The difference between the number of gross jobs gained and the number of gross jobs lost yielded a net change of 516,000 jobs in the private sector for fourth quarter 2006.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job losses and gains in the fourth quarter of 2006 on the Internet at http://www.bls.gov/opub/ted/2007/aug/wk2/art05.htm (visited October 28, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.