Gross job gains and losses in the first quarter of 2009
November 23, 2009
In the first quarter of 2009, the difference between the number of gross jobs gained and the number of gross jobs lost yielded a net loss of 2,740,000 jobs in the private sector. This is the largest quarterly net loss since this data series began in 1992.
The number of job gains from opening and expanding private sector establishments was 5.7 million in the first quarter of 2009, the lowest level since the series began.
- Opening establishments gained 1.1 million jobs, a decrease from the previous quarter when opening establishments gained 1.4 million jobs.
- Expanding establishments gained 4.6 million jobs, a sharp decrease from the previous quarter when expanding establishments gained 5.4 million jobs.
The number of job losses from closing and contracting establishments was 8.5 million in the first quarter of 2009.
- Contracting establishments lost 7.0 million jobs, an increase of 7,000 jobs compared to the previous quarter.
- Closing establishments lost 1.4 million jobs, a decrease of 60,000 jobs compared to the previous quarter.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains and losses in the first quarter of 2009 on the Internet at http://www.bls.gov/opub/ted/2009/ted_20091123.htm (visited February 26, 2015).
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.