News Release Information

14-497-KAN
March 24, 2014

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Technical information:
Media contact:
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Business Employment Dynamics in Colorado – June 2013

From March 2013 to June 2013, gross job gains in private sector establishments in Colorado totaled 137,839, while gross job losses numbered 120,105, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Stanley W. Suchman noted that gross job gains exceeded gross job losses by 17,734.

 Chart 1. Private sector gross job gains and losses of employment in Colorado, June 2008-June 2013 by quarter, seasonally adjusted

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all businesses in the economy. Business Employment Dynamics (BED) statistics track these changes in employment at private business establishments from the third month of one quarter to the third month of the next. Gross job gains are the sum of increases in employment from expansions at existing establishments and the addition of new jobs at opening establishments. Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. The difference between the number of gross job gains and the number of gross job losses is the net change in employment. (See the Technical Note for more information.)

Gross job gains in Colorado have trended upward since bottoming out at about 110,000 in March 2009. Additionally, Colorado’s gross job gains have been above 130,000 in each of the last 5 quarters. Gross job losses increased by fewer than 100 in the three months ended in June 2013. (See chart 1.)

 Chart 2. Private sector gross job gains and losses as a percent of employment, United States and Colorado, June 2008-June 2013, seasonally adjusted

Gross job gains represented 7.1 percent of private sector employment in Colorado in the quarter ended June 2013, while nationally gross job gains accounted for 6.4 percent of private employment. (See chart 2.) The rates of both gross job gains and gross job losses in Colorado have been above the U.S. rate since 1992 when data were first published.

During the second quarter 2013, gross job gains exceeded gross job losses in nine industry sectors in Colorado. For example, within leisure and hospitality, gross job gains exceeded gross job losses by 4,661. While approximately 25,500 jobs were lost in closing and contracting establishments in the industry, over 30,000 jobs were created by opening and expanding establishments in the 3 months ended June 2013. In construction, over 15,000 jobs were created in opening and expanding establishments and about 11,500 jobs were lost in closing and contracting establishments. (See table 1.)

Gross job losses exceeded gross job gains in two industry sectors, transportation and warehousing (118) and manufacturing (45).

For More Information

BED data for the states have been included in table 2 of this release. For more information on the Business Employment Dynamics data, visit the BED web site at www.bls.gov/bdm/.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; Federal Relay Service: 800-877-8339.

Administrative Change Affecting Business Employment Dynamics (BED) Data

First quarter 2013 data were affected by an administrative change to the count of establishments in the education and health services industry. A review of these data revealed that certain establishments that provide non-medical, home-based services for the elderly and persons with disabilities had been misclassified in the private households industry (NAICS 814110), which is out of scope for the BED. These establishments are now in scope and are classified in services for the elderly and persons with disabilities (NAICS 624120.) This non-economic industry code change artificially inflated the first quarter 2013 data for gross job gains, openings, births, and the net employment change for the following data series: national total private, state total private, the education and health services sector, firm size class, annual, and age and survival. As a result, data for first quarter 2013 are not comparable to data from other quarters. The administrative change affecting the Colorado data was minimal.


Technical Note

The Business Employment Dynamics (BED) data are a product of a federal-state cooperative program known as Quarterly Census of Employment and Wages (QCEW), or the ES-202 program. The BED data are compiled from existing quarterly QCEW records. The QCEW reports are sent by the State Employment Security Agencies (SESAs) to BLS and form the basis of the Bureau’s QCEW program and establishment universe sampling frame. These reports are also used to produce the QCEW data on total employment and wages. Other important Bureau uses of the QCEW reports are in the Current Employment Statistics (CES) program. The CES program produces monthly estimates of employment, net changes, and earnings by detailed industry.

In the BED program, the QCEW records are linked across quarters to provide a longitudinal history for each establishment. The linkage process allows the tracking of net employment changes at the establishment level, which in turn allows the estimation of jobs gained at opening and expanding establishments and jobs lost at closing and contracting establishments.

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all businesses in the economy. BED statistics track these changes in employment at private business establishments from the third month of one quarter to the third month of the next. Gross job gains are the sum of increases in employment from expansions at existing establishments and the addition of new jobs at opening establishments. Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. The difference between the number of gross jobs gained and the number of gross jobs lost is the net change in employment.

Gross job gains and gross job losses are expressed as rates by dividing their levels by the average of employment in the current and previous quarters. The rates are calculated for the components of gross job gains and gross job losses and then summed to form their respective totals. These rates can be added and subtracted just as their levels can. For instance, the difference between the gross job gains rate and the gross job losses rate is the net growth rate.

The formal definitions of employment changes are as follows:

Openings.  These are either establishments with positive third month employment for the first time in the current quarter, with no links to the prior quarter, or with positive third month employment in the current quarter following zero employment in the previous quarter.

Expansions.  These are establishments with positive employment in the third month in both the previous and current quarters, with a net increase in employment over this period.

Closings.  These are either establishments with positive third month employment in the previous quarter, with no employment or zero employment reported in the current quarter.

Contractions.  These are establishments with positive employment in the third month in both the previous and current quarters, with a net decrease in employment over this period.

Table 1. Private sector gross job gains and losses by industry, Colorado, seasonally adjusted
Category Gross job gains and job losses (3 months ended) Gross job gains and job losses as a percent of employment (3 months ended)
Jun. 2012 Sep. 2012 Dec. 2012 Mar. 2013 Jun. 2013 Jun. 2012 Sep. 2012 Dec. 2012 Mar. 2013 Jun. 2013

Total private (1)

 

Gross job gains

136,640 131,864 134,421 135,946 137,839 7.3 6.9 7.1 7.1 7.1

  At expanding establishments

110,667 106,652 106,110 109,474 113,210 5.9 5.6 5.6 5.7 5.8

  At opening establishments

25,973 25,212 28,311 26,472 24,629 1.4 1.3 1.5 1.4 1.3

Gross job losses

118,410 123,134 117,054 120,012 120,105 6.3 6.5 6.2 6.2 6.1

  At contracting establishments

94,032 100,021 94,978 93,345 95,972 5.0 5.3 5.0 4.8 4.9

  At closing establishments

24,378 23,113 22,076 26,667 24,133 1.3 1.2 1.2 1.4 1.2

Net employment change (2)

18,230 8,730 17,367 15,934 17,734 1.0 0.4 0.9 0.9 1.0
 

Construction

 

Gross job gains

13,866 13,725 14,836 14,350 15,054 12.1 11.8 12.5 11.7 12.0

  At expanding establishments

10,757 11,161 11,718 11,503 12,062 9.4 9.6 9.9 9.4 9.6

  At opening establishments

3,109 2,564 3,118 2,847 2,992 2.7 2.2 2.6 2.3 2.4

Gross job losses

11,921 12,250 10,977 12,024 11,550 10.5 10.5 9.2 9.8 9.2

  At contracting establishments

9,326 9,649 8,545 9,077 8,873 8.2 8.3 7.2 7.4 7.1

  At closing establishments

2,595 2,601 2,432 2,947 2,677 2.3 2.2 2.0 2.4 2.1

Net employment change (2)

1,945 1,475 3,859 2,326 3,504 1.6 1.3 3.3 1.9 2.8
 

Manufacturing

 

Gross job gains

5,480 5,143 5,328 5,350 4,834 4.2 3.9 4.0 4.0 3.6

  At expanding establishments

4,830 4,670 4,555 4,770 4,412 3.7 3.5 3.4 3.6 3.3

  At opening establishments

650 473 773 580 422 0.5 0.4 0.6 0.4 0.3

Gross job losses

4,730 4,827 5,264 4,493 4,879 3.6 3.7 4.0 3.4 3.7

  At contracting establishments

3,867 4,044 4,571 3,731 4,265 2.9 3.1 3.5 2.8 3.2

  At closing establishments

863 783 693 762 614 0.7 0.6 0.5 0.6 0.5

Net employment change (2)

750 316 64 857 -45 0.6 0.2 0.0 0.6 -0.1
 

Wholesale trade

 

Gross job gains

5,417 4,826 5,087 4,797 5,059 5.8 5.1 5.3 5.0 5.2

  At expanding establishments

4,242 3,799 3,919 3,909 4,148 4.5 4.0 4.1 4.1 4.3

  At opening establishments

1,175 1,027 1,168 888 911 1.3 1.1 1.2 0.9 0.9

Gross job losses

4,405 4,222 4,223 4,032 4,331 4.6 4.4 4.4 4.3 4.5

  At contracting establishments

3,142 3,052 3,193 3,112 3,108 3.3 3.2 3.3 3.3 3.2

  At closing establishments

1,263 1,170 1,030 920 1,223 1.3 1.2 1.1 1.0 1.3

Net employment change (2)

1,012 604 864 765 728 1.2 0.7 0.9 0.7 0.7
 

Retail trade

 

Gross job gains

16,399 14,374 15,899 17,063 16,055 6.7 5.9 6.5 6.9 6.4

  At expanding establishments

13,581 11,966 13,562 14,411 13,828 5.5 4.9 5.5 5.8 5.5

  At opening establishments

2,818 2,408 2,337 2,652 2,227 1.2 1.0 1.0 1.1 0.9

Gross job losses

14,079 14,691 13,774 14,868 13,354 5.7 6.0 5.6 6.0 5.4

  At contracting establishments

12,090 12,961 12,054 13,289 11,457 4.9 5.3 4.9 5.4 4.6

  At closing establishments

1,989 1,730 1,720 1,579 1,897 0.8 0.7 0.7 0.6 0.8

Net employment change (2)

2,320 -317 2,125 2,195 2,701 1.0 -0.1 0.9 0.9 1.0
 

Transportation and warehousing

 

Gross job gains

3,610 3,550 4,283 3,168 3,596 6.0 5.9 7.1 5.1 5.8

  At expanding establishments

2,998 3,056 3,884 2,855 2,908 5.0 5.1 6.4 4.6 4.7

  At opening establishments

612 494 399 313 688 1.0 0.8 0.7 0.5 1.1

Gross job losses

2,995 3,289 2,902 2,909 3,714 5.0 5.4 4.8 4.7 6.0

  At contracting establishments

2,498 2,724 2,534 2,399 3,287 4.2 4.5 4.2 3.9 5.3

  At closing establishments

497 565 368 510 427 0.8 0.9 0.6 0.8 0.7

Net employment change (2)

615 261 1,381 259 -118 1.0 0.5 2.3 0.4 -0.2
 

Information

 

Gross job gains

2,333 2,779 2,602 2,346 2,837 3.4 4.0 3.8 3.3 4.0

  At expanding establishments

2,148 2,343 2,150 1,776 2,472 3.1 3.4 3.1 2.5 3.5

  At opening establishments

185 436 452 570 365 0.3 0.6 0.7 0.8 0.5

Gross job losses

3,035 3,003 2,434 2,093 2,616 4.3 4.3 3.5 3.0 3.7

  At contracting establishments

2,371 2,595 1,962 1,787 1,970 3.4 3.7 2.8 2.6 2.8

  At closing establishments

664 408 472 306 646 0.9 0.6 0.7 0.4 0.9

Net employment change (2)

-702 -224 168 253 221 -0.9 -0.3 0.3 0.3 0.3
 

Financial activities

 

Gross job gains

8,358 7,959 8,203 7,425 8,066 5.9 5.6 5.8 5.1 5.5

  At expanding establishments

6,342 6,066 5,953 5,814 6,399 4.5 4.3 4.2 4.0 4.4

  At opening establishments

2,016 1,893 2,250 1,611 1,667 1.4 1.3 1.6 1.1 1.1

Gross job losses

7,178 7,386 6,468 6,662 7,113 5.1 5.2 4.5 4.6 4.9

  At contracting establishments

5,092 5,321 4,648 4,693 5,280 3.6 3.7 3.2 3.2 3.6

  At closing establishments

2,086 2,065 1,820 1,969 1,833 1.5 1.5 1.3 1.4 1.3

Net employment change (2)

1,180 573 1,735 763 953 0.8 0.4 1.3 0.5 0.6
 

Professional and business services

 

Gross job gains

28,826 28,755 27,573 28,029 28,880 8.2 8.1 7.7 7.7 7.8

  At expanding establishments

23,176 22,031 20,887 21,942 23,425 6.6 6.2 5.8 6.0 6.3

  At opening establishments

5,650 6,724 6,686 6,087 5,455 1.6 1.9 1.9 1.7 1.5

Gross job losses

23,521 25,144 25,406 23,914 26,057 6.7 7.1 7.0 6.5 7.1

  At contracting establishments

17,274 18,787 19,246 18,365 19,533 4.9 5.3 5.3 5.0 5.3

  At closing establishments

6,247 6,357 6,160 5,549 6,524 1.8 1.8 1.7 1.5 1.8

Net employment change (2)

5,305 3,611 2,167 4,115 2,823 1.5 1.0 0.7 1.2 0.7
 

Education and health services

 

Gross job gains

13,092 13,090 14,245 13,420 12,913 4.7 4.7 5.0 4.8 4.6

  At expanding establishments

10,952 11,117 11,076 10,740 10,743 3.9 4.0 3.9 3.8 3.8

  At opening establishments

2,140 1,973 3,169 2,680 2,170 0.8 0.7 1.1 1.0 0.8

Gross job losses

12,285 10,625 11,191 15,711 12,054 4.4 3.8 4.0 5.6 4.3

  At contracting establishments

9,679 8,543 8,982 9,287 9,737 3.5 3.1 3.2 3.3 3.5

  At closing establishments

2,606 2,082 2,209 6,424 2,317 0.9 0.7 0.8 2.3 0.8

Net employment change (2)

807 2,465 3,054 -2,291 859 0.3 0.9 1.0 -0.8 0.3
 

Leisure and hospitality

 

Gross job gains

29,486 27,119 26,819 29,950 30,168 10.5 9.6 9.4 10.4 10.3

  At expanding establishments

24,178 22,671 21,567 24,224 25,393 8.6 8.0 7.6 8.4 8.7

  At opening establishments

5,308 4,448 5,252 5,726 4,775 1.9 1.6 1.8 2.0 1.6

Gross job losses

25,215 28,027 25,347 24,839 25,507 8.9 9.9 8.9 8.6 8.8

  At contracting establishments

21,412 24,755 21,748 20,809 21,525 7.6 8.7 7.6 7.2 7.4

  At closing establishments

3,803 3,272 3,599 4,030 3,982 1.3 1.2 1.3 1.4 1.4

Net employment change (2)

4,271 -908 1,472 5,111 4,661 1.6 -0.3 0.5 1.8 1.5
 

Other services (3)

 

Gross job gains

5,194 5,265 4,833 4,699 5,057 8.1 8.1 7.3 7.2 7.7

  At expanding establishments

3,979 4,152 3,494 3,661 3,866 6.2 6.4 5.3 5.6 5.9

  At opening establishments

1,215 1,113 1,339 1,038 1,191 1.9 1.7 2.0 1.6 1.8

Gross job losses

4,442 4,779 4,705 4,234 4,551 6.9 7.3 7.2 6.5 6.9

  At contracting establishments

3,469 3,599 3,780 3,330 3,496 5.4 5.5 5.8 5.1 5.3

  At closing establishments

973 1,180 925 904 1,055 1.5 1.8 1.4 1.4 1.6

Net employment change (2)

752 486 128 465 506 1.2 0.8 0.1 0.7 0.8

Footnotes:
(1) Includes unclassified sector not shown separately.
(2) The net employment change is the difference between total gross job gains and total gross job losses. See the Technical Note for further information.
(3) Except public administration.
 

Table 2. Private sector gross job gains and losses as a percent of total employment by state, seasonally adjusted
State Gross job gains as a percent of employment (3 months ended) Gross job losses as a percent of employment (3 months ended)
June 2012 Sep. 2012 Dec. 2012 Mar. 2013 June 2013 June 2012 Sep. 2012 Dec. 2012 Mar. 2013 June 2013

United States(1)

6.4 6.2 6.4 6.4 6.4 5.9 6.0 5.8 5.6 5.8
 

Alabama

5.9 5.7 5.8 6.0 5.9 5.6 5.7 5.5 5.4 5.5

Alaska

11.1 9.0 9.8 10.7 10.6 9.4 10.3 10.1 9.6 10.0

Arizona

6.3 6.7 6.9 6.2 6.2 6.1 5.7 5.8 5.9 6.1

Arkansas

5.5 5.5 6.0 5.7 5.2 5.7 6.1 5.3 5.5 5.8

California

7.2 6.8 7.4 9.0 7.0 6.3 6.4 6.2 5.9 6.4

Colorado

7.3 6.9 7.1 7.1 7.1 6.3 6.5 6.2 6.2 6.1

Connecticut

5.5 5.2 5.4 5.1 5.6 4.9 5.4 5.1 5.2 4.8

Delaware

6.4 6.2 6.8 6.5 6.5 6.4 6.2 5.7 5.9 5.8

District of Columbia

5.8 5.8 6.8 5.7 6.1 5.3 6.1 5.5 5.4 5.6

Florida

6.9 7.3 7.1 6.7 7.1 6.3 6.7 6.3 6.0 6.3
 

Georgia

6.6 6.4 6.8 6.6 6.6 6.1 6.2 5.9 5.7 6.2

Hawaii

5.7 5.6 5.4 5.1 5.2 5.0 4.7 4.3 4.8 5.2

Idaho

8.0 8.2 7.9 8.1 8.0 7.5 7.0 7.2 7.2 7.5

Illinois

5.5 5.5 5.3 5.5 5.8 5.0 5.4 5.2 5.5 5.3

Indiana

5.8 5.7 5.9 5.6 5.7 5.5 5.5 5.4 5.3 5.3

Iowa

5.8 5.7 5.7 5.8 6.0 5.2 5.6 5.5 5.4 5.4

Kansas

6.0 5.6 6.3 5.6 6.2 5.7 6.1 5.4 5.5 5.5

Kentucky

6.1 5.7 6.5 5.8 5.8 5.5 5.9 5.5 5.8 5.6

Louisiana

6.7 6.6 7.0 6.7 6.2 6.9 6.7 5.9 6.1 6.3

Maine

7.9 6.7 7.0 6.7 8.1 6.9 7.3 7.5 7.0 6.4
 

Maryland

6.3 6.3 6.4 6.3 6.2 6.0 6.3 6.3 5.8 6.1

Massachusetts

5.9 5.3 5.4 6.2 6.1 4.9 5.6 5.3 4.9 5.0

Michigan

6.1 6.2 6.0 6.0 6.3 5.7 5.9 5.4 5.0 5.8

Minnesota

6.1 6.0 5.9 6.0 6.1 5.4 5.6 5.7 5.2 5.2

Mississippi

5.9 6.4 6.8 5.9 5.8 6.5 6.2 6.1 5.5 6.0

Missouri

6.1 5.9 6.4 6.5 5.9 6.1 5.9 5.6 5.5 5.4

Montana

8.3 7.9 8.3 8.1 8.0 7.6 7.3 7.8 7.4 7.7

Nebraska

5.7 5.6 5.9 6.0 6.0 5.2 5.5 5.2 5.4 5.7

Nevada

6.4 5.9 6.0 6.3 6.6 5.4 5.7 5.7 5.4 5.5

New Hampshire

7.1 6.4 6.5 6.3 6.8 6.4 6.9 6.4 6.1 5.9
 

New Jersey

6.5 6.2 6.4 6.3 6.6 5.9 6.3 6.2 5.8 5.6

New Mexico

6.7 6.4 7.4 6.2 6.7 6.9 6.6 6.2 6.5 6.8

New York

6.5 6.3 6.4 6.3 6.4 6.0 6.2 6.1 5.9 5.8

North Carolina

6.4 6.3 6.5 6.0 6.3 6.1 6.0 5.9 5.7 5.8

North Dakota

7.9 8.3 8.3 8.3 7.2 6.5 7.2 6.8 6.6 7.9

Ohio

5.8 5.6 6.1 5.9 6.2 5.3 5.7 5.5 5.6 5.3

Oklahoma

6.3 6.1 6.7 6.0 6.1 5.6 6.0 5.6 6.0 5.7

Oregon

6.9 7.1 7.0 7.2 7.1 6.6 6.4 6.6 6.1 6.2

Pennsylvania

5.4 5.4 5.5 5.5 5.3 5.5 5.4 5.1 5.3 5.2

Rhode Island

6.4 6.0 6.3 6.1 6.5 5.9 6.3 6.0 5.8 5.7
 

South Carolina

6.1 5.8 6.6 5.8 6.3 5.9 5.9 5.4 5.6 5.5

South Dakota

6.7 6.4 6.3 6.3 6.5 6.3 6.2 6.2 6.2 5.8

Tennessee

6.0 5.6 6.1 5.4 5.5 5.6 5.5 5.1 5.1 5.4

Texas

6.2 5.9 6.1 5.9 5.8 5.2 5.2 5.0 5.1 5.0

Utah

7.2 6.9 7.3 7.3 7.0 6.1 6.1 6.1 6.3 6.5

Vermont

7.4 7.0 7.6 7.0 7.3 7.1 7.0 7.1 6.7 7.8

Virginia

5.8 6.4 6.0 5.7 5.6 5.8 6.1 5.6 5.5 5.6

Washington

7.4 7.0 7.1 8.6 7.3 6.4 6.6 6.5 6.2 6.1

West Virginia

6.3 6.4 6.4 6.3 6.1 7.1 6.8 6.5 6.1 6.6

Wisconsin

5.8 5.4 5.7 5.4 5.8 5.2 5.5 5.3 5.2 5.4
 

Wyoming

8.2 8.6 9.5 8.7 8.5 9.0 8.7 8.4 8.5 9.0

Puerto Rico

6.8 6.2 6.8 5.6 5.9 5.6 6.3 5.9 6.4 6.2

Virgin Islands

6.2 5.3 7.0 5.6 5.0 13.9 7.7 5.6 6.5 6.5

Footnotes:
(1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands.
 

 

Last Modified Date: Monday, March 24, 2014