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Business Employment Dynamics
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Business Employment Dynamics is a set of statistics generated from the Quarterly Census of Employment and Wages program. These quarterly data series consist of gross job gains and gross job losses statistics from 1992 forward. These data help to provide a picture of the dynamic state of the labor market.
Latest Numbers
Gross Job Gains:
Total Private
7,585,000 in 2nd Qtr of 2025
Goods-Producing
1,240,000 in 2nd Qtr of 2025
Service-providing
6,345,000 in 2nd Qtr of 2025
Gross Job Losses:
Total Private
7,906,000 in 2nd Qtr of 2025
Goods-Producing
1,337,000 in 2nd Qtr of 2025
Service-Providing
6,569,000 in 2nd Qtr of 2025
Number of establishments gaining jobs:
Total Private
2,167,000 in 2nd Qtr of 2025
Goods-Producing
315,000 in 2nd Qtr of 2025
Service-Providing
1,852,000 in 2nd Qtr of 2025
Number of establishments losing jobs:
Total Private
2,319,000 in 2nd Qtr of 2025
Goods-Producing
351,000 in 2nd Qtr of 2025
Service-Providing
1,968,000 in 2nd Qtr of 2025
Historical Data
News Release
News Releases
Gross job losses are 7.9 million in 2nd quarter 2025; gross job gains are 7.6 million
read more »
02/26/2026
In the second quarter of 2025, gross job losses from contracting and closing private-sector establishments
were 7.9 million. Gross job gains from expanding and opening private-sector establishments were 7.6
million.
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Charts
Next Release
The Business Employment Dynamics for Third Quarter 2025 are scheduled to be released on Wednesday, April 29, 2026, at 10:00 a.m. (ET).
Publications
The Economics Daily
Job gains 7.8 million, losses 7.5 million, in fourth quarter 2024
From September 2024 to December 2024, gross job gains from opening and expanding private-sector establishments were 7.8 million. Over this 3-month period, gross job losses from closing and contracting private-sector establishments were 7.5 million. read more »
Spotlight on Statistics
Business Employment Dynamics Twentieth Anniversary!
In September 2003, BLS issued the first news release of the Business Employment Dynamics (BED) data series, presenting 42 quarters of gross job gains and gross job losses for the private sector of the U.S. economy. Since then, BED has published 82 quarterly releases and expanded its measures of job gains and losses. We celebrate the BED's twentieth anniversary and look forward to the future with more data spotlighting the underlying dynamics of the labor market. read more »
Monthly Labor Review
Firm migrations in the United States: magnitude and trends
This article measures the annual number of single-establishment firms that move across states and regions. read more »
Beyond the Numbers
The decline of job creation at new establishments
“Creative destruction” is often said to be one of the main drivers of economic growth. New businesses, innovative ideas, and modern technology replace outdated processes and production to support healthy economic systems. Similarly, the creation and destruction of businesses and jobs provided by those businesses facilitate robust and resilient labor markets. read more »