News Release Information

13–2059–NEW

Thursday, October 24, 2013

Contacts

Technical information:
Media contact:
  • Martin Kohli (646) 264-3620

Business Employment Dynamics in New York – December 2012

From September 2012 to December 2012 gross job gains in New York totaled 464,448, while gross job losses numbered 440,946, the U.S. Bureau of Labor Statistics reported today. Martin Kohli, the Bureau’s chief regional economist, noted that gross job gains exceeded gross job losses by 23,502. During the previous quarter, gross job gains exceeded gross job losses by 14,984.

Chart 1. Private sector gross job gains and losses of employment in New York, December 2007-December 2012 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 units 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 units and the addition of new jobs at opening units. Gross job losses are the result of contractions in employment at existing units and the loss of jobs at closing units. 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.)

The number of gross job gains in December increased for the quarter, rising from 461,510 jobs in September 2012. New York’s employment gains have remained above 460,000 in each quarter of 2012. In New York, gross job gains have remained above gross job losses since June 2010. Job losses peaked in March 2009, when more than 510,642 jobs were lost within a three month period. (See chart 1.)

Chart 2. Private sector gross job gains and losses as a percent of employment, United States and New York, December 2007-December 2012, seasonally adjusted

Gross job gains represented 6.4 percent of private sector employment in New York in the quarter ended December 2012, matching the national rate. (See chart 2.) The rate of gross job gains in New York has been above or equal to the U.S. rate, in each 2012 quarter.

During the fourth quarter 2012, gross job gains exceeded gross job losses in six industry sectors in New York. For example, within professional and business services, gross job gains exceeded gross job losses by 7,917. More than 81,000 jobs were gained at opening and expanding establishments in the industry, while close to 74,000 jobs were lost in closing and contracting establishments in the 3 months ended in December 2012. In construction, approximately 44,700 jobs were gained at opening and expanding establishments while less than 38,000 jobs were lost to closing and contracting establishments.

In contrast, gross job losses exceeded gross job gains in five industry sectors. Within education and health services, gross job losses (68,986) exceeded gross job gains (66,117). Gross job losses in manufacturing also exceeded gross job gains by more than 2,000.

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.

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 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 job 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 this period.

Table 1. Private sector gross job gains and losses by industry, New York, seasonally adjusted
Category Gross job gains and job losses Gross job gains and job losses as a percent of employment
(3 months ended) (3 months ended)
Dec.
2011
Mar.
2012
Jun.
2012
Sep.
2012
Dec.
2012
Dec.
2011
Mar.
2012
Jun.
2012
Sep.
2012
Dec.
2012
Total private (1)

Gross job gains

438,220 467,340 468,789 461,510 464,448 6.1 6.6 6.5 6.4 6.4

At expanding establishments

349,897 383,085 373,735 363,359 367,508 4.9 5.4 5.2 5.0 5.1

At opening establishments

88,323 84,255 95,054 98,151 96,940 1.2 1.2 1.3 1.4 1.3

Gross job losses

427,473 403,623 434,900 446,526 440,946 6.0 5.7 6.0 6.2 6.1

At contracting establishments

334,189 320,405 339,986 354,855 345,893 4.7 4.5 4.7 4.9 4.8

At closing establishments

93,284 83,218 94,914 91,671 95,053 1.3 1.2 1.3 1.3 1.3

Net employment change

10,747 63,717 33,889 14,984 23,502 0.1 0.9 0.5 0.2 0.3
Construction

Gross job gains

38,510 44,893 37,156 37,659 44,746 12.4 14.3 11.8 12.1 14.3

At expanding establishments

29,847 36,821 29,511 29,601 35,467 9.6 11.7 9.4 9.5 11.3

At opening establishments

8,663 8,072 7,645 8,058 9,279 2.8 2.6 2.4 2.6 3.0

Gross job losses

41,295 37,619 42,534 41,407 37,861 13.3 12.0 13.5 13.4 12.1

At contracting establishments

31,751 28,569 32,502 31,921 28,526 10.2 9.1 10.3 10.3 9.1

At closing establishments

9,544 9,050 10,032 9,486 9,335 3.1 2.9 3.2 3.1 3.0

Net employment change

-2,785 7,274 -5,378 -3,748 6,885 -0.9 2.3 -1.7 -1.3 2.2
Manufacturing

Gross job gains

18,120 17,095 18,060 17,355 16,780 4.0 3.7 4.0 3.8 3.7

At expanding establishments

15,840 15,236 16,368 14,884 14,905 3.5 3.3 3.6 3.3 3.3

At opening establishments

2,280 1,859 1,692 2,471 1,875 0.5 0.4 0.4 0.5 0.4

Gross job losses

18,157 18,176 17,994 19,099 19,409 3.9 3.9 3.9 4.2 4.2

At contracting establishments

15,665 15,674 14,643 16,424 16,000 3.4 3.4 3.2 3.6 3.5

At closing establishments

2,492 2,502 3,351 2,675 3,409 0.5 0.5 0.7 0.6 0.7

Net employment change

-37 -1,081 66 -1,744 -2,629 0.1 -0.2 0.1 -0.4 -0.5
Wholesale trade

Gross job gains

15,435 16,269 16,040 14,661 15,661 4.7 4.9 4.8 4.3 4.7

At expanding establishments

12,847 14,085 13,864 12,184 12,799 3.9 4.2 4.1 3.6 3.8

At opening establishments

2,588 2,184 2,176 2,477 2,862 0.8 0.7 0.7 0.7 0.9

Gross job losses

15,645 15,692 15,911 16,569 15,087 4.7 4.8 4.8 5.0 4.6

At contracting establishments

11,010 11,849 11,549 12,655 11,565 3.3 3.6 3.5 3.8 3.5

At closing establishments

4,635 3,843 4,362 3,914 3,522 1.4 1.2 1.3 1.2 1.1

Net employment change

-210 577 129 -1,908 574 0.0 0.1 0.0 -0.7 0.1
Retail trade

Gross job gains

58,249 57,024 59,978 57,804 59,563 6.5 6.3 6.5 6.2 6.5

At expanding establishments

50,057 50,335 51,604 48,186 50,375 5.6 5.6 5.6 5.2 5.5

At opening establishments

8,192 6,689 8,374 9,618 9,188 0.9 0.7 0.9 1.0 1.0

Gross job losses

53,797 54,604 55,606 58,642 60,834 5.9 6.1 6.0 6.4 6.7

At contracting establishments

44,465 46,787 46,982 49,823 50,117 4.9 5.2 5.1 5.4 5.5

At closing establishments

9,332 7,817 8,624 8,819 10,717 1.0 0.9 0.9 1.0 1.2

Net employment change

4,452 2,420 4,372 -838 -1,271 0.6 0.2 0.5 -0.2 -0.2
Transportation and warehousing

Gross job gains

13,508 11,273 12,736 11,360 15,743 6.0 5.0 5.7 5.1 6.9

At expanding establishments

11,432 9,956 11,020 9,894 13,935 5.1 4.4 4.9 4.4 6.1

At opening establishments

2,076 1,317 1,716 1,466 1,808 0.9 0.6 0.8 0.7 0.8

Gross job losses

11,678 13,281 12,274 11,683 13,160 5.2 5.9 5.5 5.2 5.8

At contracting establishments

9,230 11,483 8,946 9,406 10,222 4.1 5.1 4.0 4.2 4.5

At closing establishments

2,448 1,798 3,328 2,277 2,938 1.1 0.8 1.5 1.0 1.3

Net employment change

1,830 -2,008 462 -323 2,583 0.8 -0.9 0.2 -0.1 1.1
Information

Gross job gains

10,809 10,118 13,422 11,749 11,968 4.2 3.9 5.2 4.5 4.7

At expanding establishments

8,708 8,702 11,083 9,979 9,461 3.4 3.4 4.3 3.8 3.7

At opening establishments

2,101 1,416 2,339 1,770 2,507 0.8 0.5 0.9 0.7 1.0

Gross job losses

12,618 9,861 9,370 13,358 11,378 4.9 3.8 3.6 5.1 4.4

At contracting establishments

9,826 8,195 7,564 10,023 9,161 3.8 3.2 2.9 3.8 3.5

At closing establishments

2,792 1,666 1,806 3,335 2,217 1.1 0.6 0.7 1.3 0.9

Net employment change

-1,809 257 4,052 -1,609 590 -0.7 0.1 1.6 -0.6 0.3
Financial activities

Gross job gains

27,699 27,874 29,126 26,503 31,412 4.1 4.1 4.3 4.0 4.6

At expanding establishments

22,612 24,292 24,953 22,114 24,498 3.3 3.6 3.7 3.3 3.6

At opening establishments

5,087 3,582 4,173 4,389 6,914 0.8 0.5 0.6 0.7 1.0

Gross job losses

29,977 28,329 30,323 30,673 29,009 4.4 4.2 4.4 4.6 4.3

At contracting establishments

22,994 21,913 22,566 24,624 22,006 3.4 3.2 3.3 3.7 3.3

At closing establishments

6,983 6,416 7,757 6,049 7,003 1.0 1.0 1.1 0.9 1.0

Net employment change

-2,278 -455 -1,197 -4,170 2,403 -0.3 -0.1 -0.1 -0.6 0.3
Professional and business services

Gross job gains

75,040 73,483 80,760 79,745 81,672 6.6 6.4 6.9 6.8 6.9

At expanding establishments

60,326 62,162 66,585 65,601 65,403 5.3 5.4 5.7 5.6 5.5

At opening establishments

14,714 11,321 14,175 14,144 16,269 1.3 1.0 1.2 1.2 1.4

Gross job losses

78,253 69,171 70,775 74,674 73,755 6.8 6.0 6.1 6.3 6.2

At contracting establishments

58,595 53,984 52,223 56,613 57,825 5.1 4.7 4.5 4.8 4.9

At closing establishments

19,658 15,187 18,552 18,061 15,930 1.7 1.3 1.6 1.5 1.3

Net employment change

-3,213 4,312 9,985 5,071 7,917 -0.2 0.4 0.8 0.5 0.7
Education and health services

Gross job gains

64,231 75,495 67,096 74,641 66,117 3.9 4.7 4.2 4.6 4.0

At expanding establishments

57,079 67,700 59,517 65,176 58,174 3.5 4.2 3.7 4.0 3.5

At opening establishments

7,152 7,795 7,579 9,465 7,943 0.4 0.5 0.5 0.6 0.5

Gross job losses

60,254 60,899 72,157 63,470 68,986 3.8 3.7 4.5 3.9 4.2

At contracting establishments

51,041 49,337 61,096 54,359 57,844 3.2 3.0 3.8 3.3 3.5

At closing establishments

9,213 11,562 11,061 9,111 11,142 0.6 0.7 0.7 0.6 0.7

Net employment change

3,977 14,596 -5,061 11,171 -2,869 0.1 1.0 -0.3 0.7 -0.2
Leisure and hospitality

Gross job gains

78,230 84,343 81,648 81,113 78,132 10.1 10.7 10.2 10.1 9.6

At expanding establishments

59,647 67,196 62,996 61,454 58,366 7.7 8.5 7.9 7.7 7.2

At opening establishments

18,583 17,147 18,652 19,659 19,766 2.4 2.2 2.3 2.4 2.4

Gross job losses

74,662 66,344 75,182 83,542 79,774 9.6 8.4 9.4 10.4 9.8

At contracting establishments

57,312 52,316 58,366 65,087 60,194 7.4 6.6 7.3 8.1 7.4

At closing establishments

17,350 14,028 16,816 18,455 19,580 2.2 1.8 2.1 2.3 2.4

Net employment change

3,568 17,999 6,466 -2,429 -1,642 0.5 2.3 0.8 -0.3 -0.2
Other services (2)

Gross job gains

20,219 22,836 23,521 21,809 21,012 6.6 7.4 7.6 7.1 6.7

At expanding establishments

15,816 18,734 19,356 17,903 16,893 5.2 6.1 6.3 5.8 5.4

At opening establishments

4,403 4,102 4,165 3,906 4,119 1.4 1.3 1.3 1.3 1.3

Gross job losses

21,602 20,915 21,591 22,614 22,007 7.1 6.9 7.0 7.2 7.0

At contracting establishments

16,482 15,536 16,315 17,567 16,954 5.4 5.1 5.3 5.6 5.4

At closing establishments

5,120 5,379 5,276 5,047 5,053 1.7 1.8 1.7 1.6 1.6

Net employment change

-1,383 1,921 1,930 -805 -995 -0.5 0.5 0.6 -0.1 -0.3

Footnotes:
(1) Includes unclassified sector not shown separately.
(2) 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)
Dec.
2011
Mar.
2012
June
2012
Sept.
2012
Dec.
2012
Dec.
2011
Mar.
2012
June
2012
Sept.
2012
Dec.
2012

United States(1)

6.3 6.3 6.3 6.2 6.4 6.0 5.6 5.8 6.0 5.8

Alabama

5.9 6.3 5.8 5.6 5.7 6.0 5.5 5.6 5.6 5.4

Alaska

9.6 10.8 11.1 9.0 9.5 10.7 8.9 9.4 10.2 10.1

Arizona

6.9 6.3 6.3 6.5 6.8 6.2 6.0 6.1 5.8 5.8

Arkansas

6.5 5.6 5.3 5.4 5.9 5.4 5.5 5.6 5.9 5.2

California

7.2 6.9 7.2 6.7 7.2 6.5 6.2 6.3 6.3 6.2

Colorado

6.9 6.7 7.3 6.9 7.0 6.6 6.2 6.3 6.5 6.2

Connecticut

5.3 5.6 5.5 5.2 5.4 5.3 5.0 5.0 5.3 5.1

Delaware

6.4 6.4 6.3 6.3 6.8 6.2 5.9 6.6 6.5 5.7

District of Columbia

5.8 6.4 5.8 5.7 6.5 5.4 4.4 5.6 6.0 5.4

Florida

7.1 6.7 6.8 7.1 7.1 6.7 5.9 6.3 6.6 6.2

Georgia

6.5 7.0 6.7 6.4 6.7 6.4 6.0 6.4 6.3 5.9

Hawaii

5.4 5.2 5.5 5.4 5.3 4.6 5.3 5.2 5.0 4.4

Idaho

7.4 7.7 8.0 8.1 7.9 7.6 7.7 7.5 7.0 7.2

Illinois

5.6 5.5 5.5 5.6 5.3 5.4 4.8 5.0 5.4 5.2

Indiana

6.1 6.2 5.8 5.7 5.9 5.7 5.0 5.4 5.6 5.4

Iowa

5.9 6.2 5.8 5.6 5.7 5.7 5.1 5.2 5.6 5.4

Kansas

6.1 6.8 5.9 5.9 6.3 5.8 5.3 5.7 6.2 5.4

Kentucky

6.1 6.4 6.1 5.9 6.3 5.7 5.6 5.5 5.7 5.6

Louisiana

6.7 7.1 6.6 6.4 6.7 6.5 6.5 6.7 6.7 5.9

Maine

6.8 7.2 7.9 6.6 7.0 7.3 7.1 6.8 7.2 7.6

Maryland

6.5 6.7 6.3 6.5 6.3 6.1 5.8 6.1 6.4 6.2

Massachusetts

5.4 5.6 5.8 5.3 5.3 5.5 5.0 4.9 5.6 5.3

Michigan

6.1 6.2 6.2 6.2 6.0 6.0 5.4 5.8 6.0 5.4

Minnesota

5.5 6.8 6.2 5.9 5.9 5.8 6.0 5.3 5.8 5.8

Mississippi

6.3 6.5 5.8 6.2 6.7 6.1 5.6 6.6 6.0 6.1

Missouri

6.2 6.1 6.2 6.0 6.4 5.9 5.5 6.4 5.9 5.6

Montana

8.4 8.0 8.3 7.9 8.3 7.8 7.6 7.7 7.3 7.7

Nebraska

5.9 5.9 5.7 5.7 6.0 5.4 5.1 5.3 5.6 5.2

Nevada

6.0 6.0 6.5 5.9 6.0 5.7 5.5 5.5 5.7 5.7

New Hampshire

6.9 6.7 7.1 6.4 6.5 6.5 6.1 6.4 6.8 6.4

New Jersey

6.5 6.4 6.7 6.2 6.4 6.3 5.9 5.9 6.3 6.0

New Mexico

6.4 6.9 6.8 6.4 7.1 6.8 5.9 6.9 6.5 5.9

New York

6.1 6.6 6.5 6.4 6.4 6.0 5.7 6.0 6.2 6.1

North Carolina

6.5 6.5 6.2 6.2 6.4 6.0 5.6 6.0 6.0 5.9

North Dakota

10.0 10.3 7.8 8.5 8.3 6.2 6.0 6.4 7.6 6.8

Ohio

6.0 6.0 5.9 5.5 6.0 5.6 5.2 5.3 5.9 5.6

Oklahoma

6.4 6.3 6.1 6.0 6.5 5.8 5.7 5.5 6.2 5.5

Oregon

6.9 6.9 6.9 7.1 6.9 6.8 6.4 6.6 6.3 6.6

Pennsylvania

5.7 5.9 5.4 5.3 5.3 5.1 5.1 5.4 5.4 5.0

Rhode Island

6.2 6.7 6.4 6.0 6.2 6.4 5.6 5.9 6.3 6.0

South Carolina

6.2 6.2 6.1 5.9 6.5 5.6 5.4 5.9 5.9 5.4

South Dakota

6.6 6.6 6.8 6.4 6.3 5.9 6.1 6.4 6.2 6.1

Tennessee

6.1 5.9 5.9 5.6 6.2 5.3 5.1 5.7 5.5 5.1

Texas

6.0 6.1 6.2 5.8 6.1 5.3 5.0 5.1 5.3 5.0

Utah

7.2 7.1 7.2 7.0 7.3 6.3 6.0 6.0 6.1 6.0

Vermont

8.3 7.2 7.4 6.9 7.4 6.8 7.0 7.4 7.1 7.1

Virginia

6.2 6.0 5.8 6.5 6.0 6.1 5.6 5.8 6.2 5.6

Washington

7.2 6.8 7.4 6.9 7.1 7.1 6.3 6.4 6.5 6.5

West Virginia

6.8 7.2 6.3 6.2 6.3 5.8 6.1 7.0 6.6 6.5

Wisconsin

5.6 5.9 5.8 5.3 5.7 5.7 5.3 5.3 5.5 5.3

Wyoming

9.4 8.5 8.1 8.4 9.5 8.2 8.6 9.0 8.5 8.2

Puerto Rico

6.7 6.0 6.6 6.1 6.9 5.7 6.0 5.7 6.3 5.8

Virgin Islands

6.3 5.1 5.9 5.0 6.6 6.1 6.5 13.7 7.7 5.6

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

 

Last Modified Date: October 25, 2013