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Business Employment Dynamics

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.

Notices

  • The release of First Quarter 2024 will contain annual revisions. Read More »

Latest Numbers

RSS
Gross Job Gains:

Total Private 7,823,000 in 4th Qtr of 2023 Historical Data

Goods-Producing 1,291,000 in 4th Qtr of 2023 Historical Data

Service-providing 6,532,000 in 4th Qtr of 2023 Historical Data

Gross Job Losses:

Total Private 7,479,000 in 4th Qtr of 2023 Historical Data

Goods-Producing 1,295,000 in 4th Qtr of 2023 Historical Data

Service-Providing 6,184,000 in 4th Qtr of 2023 Historical Data

Number of establishments gaining jobs:

Total Private 2,262,000 in 4th Qtr of 2023 Historical Data

Goods-Producing 335,000 in 4th Qtr of 2023 Historical Data

Service-Providing 1,927,000 in 4th Qtr of 2023 Historical Data

Number of establishments losing jobs:

Total Private 2,218,000 in 4th Qtr of 2023 Historical Data

Goods-Producing 323,000 in 4th Qtr of 2023 Historical Data

Service-Providing 1,895,000 in 4th Qtr of 2023 Historical Data

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Regional Resources

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News Releases

Gross job gains are 7.8 million in 4th quarter 2023; gross job losses are 7.5 million

07/24/2024

In the fourth quarter of 2023, gross job gains from opening and expanding private-sector establishments were 7.8 million. Gross job losses from closing and contracting private-sector establishments were 7.5 million.
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Next Release

The Business Employment Dynamics for First Quarter 2024 are scheduled to be released on Wednesday, October 30, 2024, at 10:00 a.m. (ET).

Publications

The Economics Daily

The Economics Daily article image

Job gains 7.8 million, job losses 7.5 million, during fourth quarter 2023

From September 2023 to December 2023, gross job gains from opening and expanding private-sector establishments were 7.8 million, while gross job losses from closing and contracting private-sector establishments were 7.5 million. The difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 344,000 jobs in the private sector during the fourth quarter of 2023. read more »

Spotlight on Statistics

Spotlight on Statistics article image

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

Monthly Labor Review article image

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

Beyond the Numbers article image

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 »