Gross job gains and losses in the second quarter of 2003
January 29, 2004
From March to June 2003, gross job gains represented 7.0 percent of private sector employment, while gross job losses represented 7.3 percent of private sector employment.
These gross job gain and loss statistics demonstrate that sizable numbers of jobs appear and disappear in the relatively short time frame of one quarter.
Opening and expanding private sector business establishments gained 7.5 million jobs in the second quarter of 2003, or 69,000 more than in the first quarter of 2003. This is the first over-the-quarter increase in gross job gains since the first quarter of 2002.
Gross job losses totaled 7.7 million in the second quarter of 2003, 229,000 fewer than in the first quarter of 2003.
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: Second Quarter 2003" (PDF) (TXT), news release USDL 04–82.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains and losses in the second quarter of 2003 on the Internet at https://www.bls.gov/opub/ted/2004/jan/wk4/art04.htm (visited January 22, 2020).
Recent editions of Spotlight on Statistics
- A look at employment and wages in U.S. establishments with foreign ownership
Examines employment and wages in U.S. establishments that have at least one foreign owner with at least 10 percent ownership.
- 25 years of Worker Injury, Illness, and Fatality Case Data
Examines detailed historical data on work-related injuries, illnesses, and fatal injuries.
- Occupational employment projections through the perspective of education and training
Examines employment, projected employment growth, and wages for occupations with different education and training requirements.
- Workers in Alternative Employment Arrangements
A look at independent contractors, on-call workers, temporary help agency workers, and workers provided by contract firms.