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Economic News Release
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Table 5. Components of private sector gross job gains and losses by firm size, seasonally adjusted

Table 5. Components of private sector gross job gains and losses by firm size, seasonally adjusted

                                   Gross job gains and job losses              Gross job gains and job losses
                                          (in thousands)                         as a percent of employment

    Category                              3 months ended                               3 months ended

                                   Dec.     Mar.     June     Sept.    Dec.    Dec.    Mar.    June    Sept.   Dec.
                                   2022     2023     2023     2023     2023    2022    2023    2023    2023    2023
Total private by firm(1)

Gross job gains                   6,291    6,556    6,450    5,925    6,094     4.8     5.1     5.0     4.6     4.6
 At expanding firms               5,229    5,556    5,455    4,926    5,043     4.0     4.3     4.2     3.8     3.8
 At opening firms                 1,062    1,000      995      999    1,051     0.8     0.8     0.8     0.8     0.8
 
Gross job losses                  5,831    5,452    6,167    6,171    5,802     4.5     4.2     4.7     4.7     4.4
 At contracting firms             4,880    4,473    5,157    5,154    4,871     3.8     3.4     3.9     3.9     3.7
 At closing firms                   951      979    1,010    1,017      931     0.7     0.8     0.8     0.8     0.7
 
Net employment change               460    1,104      283     -246      292     0.3     0.9     0.3    -0.1     0.2
 

Firm size 1 to 49 employees

Gross job gains                   3,305    3,333    3,237    3,019    3,232     9.3     9.4     9.1     8.5     9.2
 At expanding firms               2,278    2,366    2,280    2,065    2,219     6.4     6.7     6.4     5.8     6.3
 At opening firms                 1,027      967      957      954    1,013     2.9     2.7     2.7     2.7     2.9
 
Gross job losses                  3,099    3,016    3,237    3,223    3,011     8.8     8.5     9.1     9.1     8.4
 At contracting firms             2,181    2,066    2,270    2,243    2,109     6.2     5.8     6.4     6.3     5.9
 At closing firms                   918      950      967      980      902     2.6     2.7     2.7     2.8     2.5
 
Net employment change               206      317        0     -204      221     0.5     0.9     0.0    -0.6     0.8
 

Firm size 50 to 249 employees

Gross job gains                   1,128    1,184    1,170    1,034    1,099     5.0     5.2     5.2     4.6     4.8
 At expanding firms               1,095    1,153    1,134      998    1,064     4.9     5.1     5.0     4.4     4.6
 At opening firms                    33       31       36       36       35     0.1     0.1     0.2     0.2     0.2
 
Gross job losses                    971      909    1,037    1,060      987     4.3     4.0     4.5     4.6     4.3
 At contracting firms               941      884    1,003    1,029      960     4.2     3.9     4.4     4.5     4.2
 At closing firms                    30       25       34       31       27     0.1     0.1     0.1     0.1     0.1
 
Net employment change               157      275      133      -26      112     0.7     1.2     0.7     0.0     0.5
 

Firm size 250 or more employees

Gross job gains                   1,858    2,039    2,043    1,872    1,763     2.6     2.8     2.8     2.6     2.4
 At expanding firms               1,856    2,037    2,041    1,863    1,760     2.6     2.8     2.8     2.6     2.4
 At opening firms                     2        2        2        9        3     0.0     0.0     0.0     0.0     0.0
 
Gross job losses                  1,761    1,527    1,893    1,888    1,804     2.5     2.1     2.6     2.6     2.5
 At contracting firms             1,758    1,523    1,884    1,882    1,802     2.5     2.1     2.6     2.6     2.5
 At closing firms                     3        4        9        6        2     0.0     0.0     0.0     0.0     0.0
 
Net employment change                97      512      150      -16      -41     0.1     0.7     0.2     0.0    -0.1
 
 
(1) Total gross job gains and gross job losses by firm are lower than total gross job gains and gross job losses by
    establishment, as some establishment gains and losses within a firm are offset during the aggregation process.

NOTE: Net change is the difference between total gross job gains and total gross job losses. Net change totals for
the firm-level data differ from the establishment-level data due to independent seasonal adjustment. The unit of
analysis section in the technical note provides additional detail. See www.bls.gov/bdm/bdmfirmsize.htm for more
detailed firm size class data.
Last Modified Date: July 24, 2024