Gross job gains and losses in the first quarter
November 26, 2003
From December 2002 to March 2003, the number of job gains from opening and expanding establishments was 7.4 million, and the number of job losses from closing and contracting establishments was 7.9 million. Expanding and contracting establishments accounted for most of the jobs gained and lost.
In the first quarter of 2003, expanding establishments added 5.9 million jobs, while opening establishments added 1.5 million. Gross job gains were smaller than in the previous quarter at both expanding and opening establishments.
In the first quarter of 2003, contracting establishments lost 6.4 million jobs, while closing establishments accounted for a loss of 1.6 million jobs. There were more jobs lost to contraction than there were in the previous quarter, but fewer lost as a result of establishments closing.
These data are from Business Employment Dynamics. Data presented here are for workers in private industry covered by State unemployment insurance programs. Find more in "Business Employment Dynamics: First Quarter 2003" (PDF) (TXT), news release USDL 03-761.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains and losses in the first quarter on the Internet at https://www.bls.gov/opub/ted/2003/nov/wk4/art03.htm (visited October 28, 2020).
Recent editions of Spotlight on Statistics
- Gulf War Era Veterans in the Labor Force
Examines the demographic, employment, and unemployment characteristics of civilians who served in the U.S. military during Gulf War era.
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.