Firms with 250 or more employees accounted for 68% of total net job growth, fourth quarter 2013

August 06, 2014

In the fourth quarter of 2013, firms with 250 or more employees accounted for 68 percent of total net job growth, while firms with 1-49 employees and firms with 50-249 employees each accounted for 16 percent of net job growth. This is the fifteenth consecutive quarter of positive net employment change for all three major firm size categories.

 

Share of private sector job gains by firm size, June 2010–December 2013
QuarterTotal privateFirm size 1-49Firm size 50-249Firm size 250 or more
Total job gainsJob gains as a percent of totalTotal job gainsJob gains as a percent of totalTotal job gainsJob gains as a percent of totalTotal job gainsJob gains as a percent of total

Jun 2010

692,000100.0%238,00034.4%209,00030.2%245,00035.4%

Sep 2010

188,000100.0%23,00012.2%79,00042.0%86,00045.7%

Dec 2010

519,000100.0%85,00016.4%95,00018.3%339,00065.3%

Mar 2011

313,000100.0%93,00029.7%118,00037.7%102,00032.6%

Jun 2011

548,000100.0%196,00035.8%176,00032.1%176,00032.1%

Sep 2011

823,000100.0%259,00031.5%161,00019.6%403,00049.0%

Dec 2011

321,000100.0%39,00012.1%45,00014.0%237,00073.8%

Mar 2012

846,000100.0%385,00045.5%217,00025.7%244,00028.8%

Jun 2012

604,000100.0%178,00029.5%167,00027.6%259,00042.9%

Sep 2012

213,000100.0%49,00023.0%44,00020.7%120,00056.3%

Dec 2012

637,000100.0%169,00026.5%90,00014.1%378,00059.3%

Mar 2013

1,198,000100.0%281,00023.5%156,00013.0%761,00063.5%

Jun 2013

643,000100.0%217,00033.7%143,00022.2%283,00044.0%

Sep 2013

386,000100.0%154,00039.9%54,00014.0%178,00046.1%

Dec 2013

650,000100.0%103,00015.8%104,00016.0%443,00068.2%

From the second quarter of 2010 to the fourth quarter of 2013, a total of 8.6 million net new jobs were created. During that period, firms with 1-49 employees contributed 29 percent of net job growth, firms with 50-249 employees contributed 22 percent, and firms with 250 or more employees contributed 49 percent.

These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Fourth Quarter 2013" (HTML) (PDF), news release USDL‑14‑1388.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Firms with 250 or more employees accounted for 68% of total net job growth, fourth quarter 2013 on the Internet at http://www.bls.gov/opub/ted/2014/ted_20140806.htm (visited October 23, 2014).

OF INTEREST

Three recent editions of Spotlight on Statistics