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Gross job gains exceed gross job losses by 688,000 in third quarter of 2016
May 01, 2017
From June 2016 to September 2016, the net employment gain in private industry was 688,000. Gross job gains were 7,650,000, and gross job losses totaled 6,962,000. Gross job gains exceeded gross job losses in 9 of 13 industries. Service-providing industries experienced a net job gain of 686,000 jobs, while goods-producing industries experienced a net job gain of 2,000 jobs.
Private sector gross job gains and losses by industry, seasonally adjusted, third quarter 2016
Industry
Gross job gains
Gross job losses
Net employment change
Total private
7,650,000
6,962,000
688,000
Professional and business services
1,469,000
1,272,000
197,000
Leisure and hospitality
1,330,000
1,297,000
33,000
Education and health services
1,034,000
822,000
212,000
Retail trade
947,000
949,000
-2,000
Construction
654,000
618,000
36,000
Manufacturing
397,000
426,000
-29,000
Financial activities
386,000
347,000
39,000
Other services
305,000
285,000
20,000
Transportation and warehousing
288,000
227,000
61,000
Wholesale trade
274,000
262,000
12,000
Natural resources and mining
248,000
253,000
-5,000
Information
152,000
149,000
3,000
Utilities
11,000
14,000
-3,000
Education and health services had the largest over-the-quarter net job increase, with a gain of 212,000 jobs. The net job increase in education and health services was the result of 1,034,000 gross job gains and 822,000 gross job losses. Within the goods-producing sector, a net gain of 36,000 jobs in construction offset the net job losses of 29,000 in manufacturing and of 5,000 in natural resources and mining.
These data are from theBusiness Employment Dynamicsprogram. To learn more, see "Business Employment Dynamics — Third Quarter 2016" (HTML) (PDF). Net employment change is the difference between the number of gross job gains and gross job losses.
United States Department of Labor
