Gross job gains and losses in the first quarter of 2009
November 23, 2009
In the first quarter of 2009, the difference between the number of gross jobs gained and the number of gross jobs lost yielded a net loss of 2,740,000 jobs in the private sector. This is the largest quarterly net loss since this data series began in 1992.
The number of job gains from opening and expanding private sector establishments was 5.7 million in the first quarter of 2009, the lowest level since the series began.
- Opening establishments gained 1.1 million jobs, a decrease from the previous quarter when opening establishments gained 1.4 million jobs.
- Expanding establishments gained 4.6 million jobs, a sharp decrease from the previous quarter when expanding establishments gained 5.4 million jobs.
The number of job losses from closing and contracting establishments was 8.5 million in the first quarter of 2009.
- Contracting establishments lost 7.0 million jobs, an increase of 7,000 jobs compared to the previous quarter.
- Closing establishments lost 1.4 million jobs, a decrease of 60,000 jobs compared to the previous quarter.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains and losses in the first quarter of 2009 on the Internet at https://www.bls.gov/opub/ted/2009/ted_20091123.htm (visited July 19, 2019).
Recent editions of Spotlight on Statistics
- 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.
- Labor force characteristics of people with a disability
Examines the labor force characteristics of people with a disability and compares them with the characteristics of people with no disability.