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63 percent of 4th quarter 2014 employment gain at firms with 250 or more employees

July 31, 2015

In the fourth quarter of 2014, there were 6.1 million gross job gains at opening and expanding private sector firms and 5.1 million gross job losses at firms that were closing or contracting, yielding a total net employment change of 1.0 million. Firms with 1 to 49 employees saw a net change of 219,000 jobs (22 percent of total net job growth). Firms with 50 to 249 employees accounted for 154,000 jobs (15 percent). Firms with 250 or more employees accounted for 627,000 (63 percent) of net job growth.

Quarterly private sector gross job gains and losses by firm size, 2004–2014, seasonally adjusted
3 months ended Total private Firm size 1–49 Firm size 50–249 Firm size 250 or more
Net change Gross job gains Gross job losses Net change Gross job gains Gross job losses Net change Gross job gains Gross job losses Net change Gross job gains Gross job losses

Mar 2004

430,000 6,306,000 -5,876,000 153,000 3,392,000 -3,239,000 137,000 1,194,000 -1,057,000 140,000 1,720,000 -1,580,000

Jun 2004

621,000 6,471,000 -5,850,000 169,000 3,387,000 -3,218,000 141,000 1,196,000 -1,055,000 311,000 1,888,000 -1,577,000

Sep 2004

197,000 6,243,000 -6,046,000 88,000 3,379,000 -3,291,000 88,000 1,175,000 -1,087,000 21,000 1,689,000 -1,668,000

Dec 2004

759,000 6,494,000 -5,735,000 274,000 3,480,000 -3,206,000 101,000 1,172,000 -1,071,000 384,000 1,842,000 -1,458,000

Mar 2005

368,000 6,320,000 -5,952,000 66,000 3,416,000 -3,350,000 97,000 1,161,000 -1,064,000 205,000 1,743,000 -1,538,000

Jun 2005

570,000 6,435,000 -5,865,000 243,000 3,476,000 -3,233,000 146,000 1,198,000 -1,052,000 181,000 1,761,000 -1,580,000

Sep 2005

701,000 6,672,000 -5,971,000 218,000 3,510,000 -3,292,000 85,000 1,195,000 -1,110,000 398,000 1,967,000 -1,569,000

Dec 2005

506,000 6,406,000 -5,900,000 169,000 3,462,000 -3,293,000 45,000 1,140,000 -1,095,000 292,000 1,804,000 -1,512,000

Mar 2006

788,000 6,433,000 -5,645,000 334,000 3,547,000 -3,213,000 222,000 1,213,000 -991,000 232,000 1,673,000 -1,441,000

Jun 2006

375,000 6,349,000 -5,974,000 117,000 3,434,000 -3,317,000 110,000 1,190,000 -1,080,000 148,000 1,725,000 -1,577,000

Sep 2006

43,000 6,103,000 -6,060,000 -14,000 3,329,000 -3,343,000 27,000 1,127,000 -1,100,000 30,000 1,647,000 -1,617,000

Dec 2006

447,000 6,375,000 -5,928,000 117,000 3,393,000 -3,276,000 74,000 1,147,000 -1,073,000 256,000 1,835,000 -1,579,000

Mar 2007

466,000 6,300,000 -5,834,000 189,000 3,451,000 -3,262,000 99,000 1,153,000 -1,054,000 178,000 1,696,000 -1,518,000

Jun 2007

174,000 6,256,000 -6,082,000 -31,000 3,337,000 -3,368,000 108,000 1,180,000 -1,072,000 97,000 1,739,000 -1,642,000

Sep 2007

-269,000 5,891,000 -6,160,000 -132,000 3,252,000 -3,384,000 -53,000 1,073,000 -1,126,000 -84,000 1,566,000 -1,650,000

Dec 2007

298,000 6,254,000 -5,956,000 8,000 3,315,000 -3,307,000 63,000 1,140,000 -1,077,000 227,000 1,799,000 -1,572,000

Mar 2008

-290,000 5,806,000 -6,096,000 -154,000 3,228,000 -3,382,000 -14,000 1,073,000 -1,087,000 -122,000 1,505,000 -1,627,000

Jun 2008

-548,000 5,855,000 -6,403,000 -284,000 3,179,000 -3,463,000 -41,000 1,095,000 -1,136,000 -223,000 1,581,000 -1,804,000

Sep 2008

-999,000 5,498,000 -6,497,000 -346,000 3,047,000 -3,393,000 -151,000 1,015,000 -1,166,000 -502,000 1,436,000 -1,938,000

Dec 2008

-1,869,000 5,338,000 -7,207,000 -695,000 2,907,000 -3,602,000 -374,000 948,000 -1,322,000 -800,000 1,483,000 -2,283,000

Mar 2009

-2,673,000 4,584,000 -7,257,000 -991,000 2,714,000 -3,705,000 -620,000 806,000 -1,426,000 -1,062,000 1,064,000 -2,126,000

Jun 2009

-1,767,000 5,165,000 -6,932,000 -472,000 2,948,000 -3,420,000 -277,000 953,000 -1,230,000 -1,018,000 1,264,000 -2,282,000

Sep 2009

-933,000 5,138,000 -6,071,000 -375,000 2,822,000 -3,197,000 -114,000 930,000 -1,044,000 -444,000 1,386,000 -1,830,000

Dec 2009

-288,000 5,405,000 -5,693,000 -155,000 2,942,000 -3,097,000 -43,000 964,000 -1,007,000 -90,000 1,499,000 -1,589,000

Mar 2010

-247,000 5,097,000 -5,344,000 -207,000 2,851,000 -3,058,000 -6,000 910,000 -916,000 -34,000 1,336,000 -1,370,000

Jun 2010

687,000 5,809,000 -5,122,000 238,000 3,096,000 -2,858,000 207,000 1,074,000 -867,000 242,000 1,639,000 -1,397,000

Sep 2010

200,000 5,497,000 -5,297,000 24,000 2,940,000 -2,916,000 83,000 996,000 -913,000 93,000 1,561,000 -1,468,000

Dec 2010

518,000 5,781,000 -5,263,000 91,000 3,048,000 -2,957,000 95,000 1,035,000 -940,000 332,000 1,698,000 -1,366,000

Mar 2011

316,000 5,344,000 -5,028,000 87,000 2,966,000 -2,879,000 118,000 965,000 -847,000 111,000 1,413,000 -1,302,000

Jun 2011

546,000 5,753,000 -5,207,000 198,000 3,077,000 -2,879,000 175,000 1,067,000 -892,000 173,000 1,609,000 -1,436,000

Sep 2011

834,000 5,948,000 -5,114,000 260,000 3,123,000 -2,863,000 164,000 1,062,000 -898,000 410,000 1,763,000 -1,353,000

Dec 2011

320,000 5,613,000 -5,293,000 46,000 2,973,000 -2,927,000 45,000 987,000 -942,000 229,000 1,653,000 -1,424,000

Mar 2012

840,000 5,767,000 -4,927,000 373,000 3,153,000 -2,780,000 214,000 1,047,000 -833,000 253,000 1,567,000 -1,314,000

Jun 2012

602,000 5,819,000 -5,217,000 179,000 3,041,000 -2,862,000 167,000 1,080,000 -913,000 256,000 1,698,000 -1,442,000

Sep 2012

219,000 5,569,000 -5,350,000 48,000 2,951,000 -2,903,000 47,000 1,003,000 -956,000 124,000 1,615,000 -1,491,000

Dec 2012

637,000 5,766,000 -5,129,000 176,000 3,018,000 -2,842,000 91,000 1,013,000 -922,000 370,000 1,735,000 -1,365,000

Mar 2013

1,209,000 6,350,000 -5,141,000 294,000 3,138,000 -2,844,000 153,000 1,022,000 -869,000 762,000 2,190,000 -1,428,000

Jun 2013

656,000 5,929,000 -5,273,000 226,000 3,093,000 -2,867,000 146,000 1,081,000 -935,000 284,000 1,755,000 -1,471,000

Sep 2013

433,000 5,746,000 -5,313,000 203,000 3,050,000 -2,847,000 55,000 1,014,000 -959,000 175,000 1,682,000 -1,507,000

Dec 2013

658,000 5,897,000 -5,239,000 130,000 3,028,000 -2,898,000 104,000 1,034,000 -930,000 424,000 1,835,000 -1,411,000

Mar 2014

445,000 5,621,000 -5,176,000 236,000 3,044,000 -2,808,000 151,000 1,026,000 -875,000 58,000 1,551,000 -1,493,000

Jun 2014

915,000 6,134,000 -5,219,000 322,000 3,160,000 -2,838,000 227,000 1,129,000 -902,000 366,000 1,845,000 -1,479,000

Sep 2014

521,000 5,813,000 -5,292,000 171,000 3,002,000 -2,831,000 99,000 1,057,000 -958,000 251,000 1,754,000 -1,503,000

Dec 2014

1,000,000 6,142,000 -5,142,000 219,000 3,085,000 -2,866,000 154,000 1,083,000 -929,000 627,000 1,974,000 -1,347,000

Of the 2.9 million net jobs created during 2014, firms with 1 to 49 employees contributed 33 percent of net job growth, while firms with 50 to 249 employees contributed 22 percent, and firms with 250 or more employees contributed 45 percent.

From 2010 to 2014, firms with 1 to 49 employees accounted for 29 percent of net job growth, and those with 50 to 249 employees accounted for 22 percent. Firms with 250 or more employees were responsible for 49 percent of net job growth over this period.

These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Fourth Quarter 2014" (HTML) (PDF).

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, 63 percent of 4th quarter 2014 employment gain at firms with 250 or more employees at https://www.bls.gov/opub/ted/2015/63-percent-of-4th-quarter-2014-employment-gain-at-firms-with-250-or-more-employees.htm (visited March 28, 2024).

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