Employment change by firm size, second quarter of 2012

February 07, 2013

From March 2012 to June 2012, gross job losses increased among firms with 1–49 employees, 50–249 employees, and 250 employees or more. Additionally, gross job gains in the smallest size class decreased by 115,000. Firms with 250 employees or more accounted for 44 percent of the total net gain in employment for the second quarter of 2012.

 

3-month private sector net employment change by firm size, seasonally adjusted, March 2002–June 2012
3 months endedTotal1 to 49 employees50 to 249 employees250 employees or more

Mar 2002

70,00054,000-52,00068,000

Jun 2002

-61,00069,000-7,000-123,000

Sep 2002

-176,00020,000-46,000-150,000

Dec 2002

-247,000-3,000-73,000-171,000

Mar 2003

-326,000-135,000-56,000-135,000

Jun 2003

-137,000112,000-26,000-223,000

Sep 2003

193,000120,00021,00052,000

Dec 2003

310,000146,00032,000132,000

Mar 2004

430,000153,000137,000140,000

Jun 2004

621,000169,000141,000311,000

Sep 2004

197,00088,00088,00021,000

Dec 2004

759,000274,000101,000384,000

Mar 2005

368,00066,00097,000205,000

Jun 2005

570,000243,000146,000181,000

Sep 2005

701,000218,00085,000398,000

Dec 2005

506,000169,00045,000292,000

Mar 2006

788,000334,000222,000232,000

Jun 2006

375,000117,000110,000148,000

Sep 2006

43,000-14,00027,00030,000

Dec 2006

447,000117,00074,000256,000

Mar 2007

466,000189,00099,000178,000

Jun 2007

174,000-31,000108,00097,000

Sep 2007

-269,000-132,000-53,000-84,000

Dec 2007

298,0008,00063,000227,000

Mar 2008

-277,000-138,000-11,000-128,000

Jun 2008

-547,000-287,000-37,000-223,000

Sep 2008

-1,035,000-359,000-160,000-516,000

Dec 2008

-1,850,000-693,000-370,000-787,000

Mar 2009

-2,643,000-967,000-611,000-1,065,000

Jun 2009

-1,766,000-475,000-275,000-1,016,000

Sep 2009

-979,000-388,000-127,000-464,000

Dec 2009

-277,000-161,000-42,000-74,000

Mar 2010

-231,000-185,000-1,000-45,000

Jun 2010

689,000233,000211,000245,000

Sep 2010

157,00011,00071,00075,000

Dec 2010

534,00086,00099,000349,000

Mar 2011

329,000108,000122,00099,000

Jun 2011

550,000195,000178,000177,000

Sep 2011

793,000247,000152,000394,000

Dec 2011

332,00039,00046,000247,000

Mar 2012

830,000362,000216,000252,000

Jun 2012

572,000158,000161,000253,000

Note: The net employment change is the difference between total gross job gains and total gross job losses.
 

 

Although the number of gross job gains declined among the smallest firms in the second quarter, the number increased among firms with 50–249 employees and firms with 250 employees or more.

Firms in all three size classes had a net employment gain in every quarter from the second quarter of 2010 to the second quarter of 2012. Over that period, firms with 1–49 employees gained 1.4 million jobs, while firms with 50–249 employees gained about 1.3 million jobs and firms with 250 employees or more gained 2.1 million jobs.

These data are from the Business Employment Dynamics (BED) program. The change in the number of jobs over time is the net result of gross gains and gross losses in employment that occur at all businesses in the economy. To learn more, see "Business Employment Dynamics — Second Quarter 2012" (HTML) (PDF), news release USDL‑13‑0140.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employment change by firm size, second quarter of 2012 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130207.htm (visited November 28, 2014).

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