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From December 2011 to March 2012, gross job gains from opening and expanding private sector establishments were 6.9 million, an increase of 26,000 from the previous quarter. Over this period, gross job losses from closing and contracting private sector establishments were 6.1 million, a decrease of 399,000 from the previous quarter.
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3 months ended | Net change | Gross job gains | Gross job losses | ||||
---|---|---|---|---|---|---|---|
Total | Expanding establishments | Opening establishments | Total | Contracting establishments | Closing establishments | ||
Mar 2002 | -10,000 | 8,071,000 | 6,298,000 | 1,773,000 | 8,081,000 | 6,434,000 | 1,647,000 |
Jun 2002 | -30,000 | 7,868,000 | 6,145,000 | 1,723,000 | 7,898,000 | 6,274,000 | 1,624,000 |
Sep 2002 | -151,000 | 7,630,000 | 6,039,000 | 1,591,000 | 7,781,000 | 6,248,000 | 1,533,000 |
Dec 2002 | -241,000 | 7,483,000 | 5,938,000 | 1,545,000 | 7,724,000 | 6,185,000 | 1,539,000 |
Mar 2003 | -393,000 | 7,467,000 | 5,928,000 | 1,539,000 | 7,860,000 | 6,307,000 | 1,553,000 |
Jun 2003 | -90,000 | 7,398,000 | 5,929,000 | 1,469,000 | 7,488,000 | 6,030,000 | 1,458,000 |
Sep 2003 | 204,000 | 7,392,000 | 5,923,000 | 1,469,000 | 7,188,000 | 5,828,000 | 1,360,000 |
Dec 2003 | 297,000 | 7,521,000 | 6,005,000 | 1,516,000 | 7,224,000 | 5,800,000 | 1,424,000 |
Mar 2004 | 470,000 | 7,715,000 | 6,204,000 | 1,511,000 | 7,245,000 | 5,795,000 | 1,450,000 |
Jun 2004 | 644,000 | 7,754,000 | 6,235,000 | 1,519,000 | 7,110,000 | 5,639,000 | 1,471,000 |
Sep 2004 | 206,000 | 7,633,000 | 6,060,000 | 1,573,000 | 7,427,000 | 5,888,000 | 1,539,000 |
Dec 2004 | 757,000 | 7,844,000 | 6,243,000 | 1,601,000 | 7,087,000 | 5,663,000 | 1,424,000 |
Mar 2005 | 384,000 | 7,620,000 | 6,131,000 | 1,489,000 | 7,236,000 | 5,801,000 | 1,435,000 |
Jun 2005 | 593,000 | 7,774,000 | 6,231,000 | 1,543,000 | 7,181,000 | 5,776,000 | 1,405,000 |
Sep 2005 | 677,000 | 7,965,000 | 6,387,000 | 1,578,000 | 7,288,000 | 5,844,000 | 1,444,000 |
Dec 2005 | 494,000 | 7,807,000 | 6,252,000 | 1,555,000 | 7,313,000 | 5,948,000 | 1,365,000 |
Mar 2006 | 874,000 | 7,797,000 | 6,354,000 | 1,443,000 | 6,923,000 | 5,636,000 | 1,287,000 |
Jun 2006 | 371,000 | 7,758,000 | 6,246,000 | 1,512,000 | 7,387,000 | 6,015,000 | 1,372,000 |
Sep 2006 | 52,000 | 7,499,000 | 6,061,000 | 1,438,000 | 7,447,000 | 6,097,000 | 1,350,000 |
Dec 2006 | 455,000 | 7,740,000 | 6,223,000 | 1,517,000 | 7,285,000 | 5,941,000 | 1,344,000 |
Mar 2007 | 549,000 | 7,727,000 | 6,297,000 | 1,430,000 | 7,178,000 | 5,881,000 | 1,297,000 |
Jun 2007 | 149,000 | 7,632,000 | 6,222,000 | 1,410,000 | 7,483,000 | 6,079,000 | 1,404,000 |
Sep 2007 | -252,000 | 7,318,000 | 5,847,000 | 1,471,000 | 7,570,000 | 6,215,000 | 1,355,000 |
Dec 2007 | 299,000 | 7,658,000 | 6,196,000 | 1,462,000 | 7,359,000 | 6,012,000 | 1,347,000 |
Mar 2008 | -227,000 | 7,233,000 | 5,826,000 | 1,407,000 | 7,460,000 | 6,095,000 | 1,365,000 |
Jun 2008 | -575,000 | 7,257,000 | 5,851,000 | 1,406,000 | 7,832,000 | 6,354,000 | 1,478,000 |
Sep 2008 | -968,000 | 6,879,000 | 5,515,000 | 1,364,000 | 7,847,000 | 6,462,000 | 1,385,000 |
Dec 2008 | -1,793,000 | 6,712,000 | 5,360,000 | 1,352,000 | 8,505,000 | 7,022,000 | 1,483,000 |
Mar 2009 | -2,706,000 | 5,834,000 | 4,648,000 | 1,186,000 | 8,540,000 | 7,122,000 | 1,418,000 |
Jun 2009 | -1,656,000 | 6,395,000 | 5,093,000 | 1,302,000 | 8,051,000 | 6,669,000 | 1,382,000 |
Sep 2009 | -899,000 | 6,335,000 | 5,119,000 | 1,216,000 | 7,234,000 | 5,874,000 | 1,360,000 |
Dec 2009 | -217,000 | 6,651,000 | 5,325,000 | 1,326,000 | 6,868,000 | 5,583,000 | 1,285,000 |
Mar 2010 | -266,000 | 6,245,000 | 5,078,000 | 1,167,000 | 6,511,000 | 5,308,000 | 1,203,000 |
Jun 2010 | 722,000 | 6,972,000 | 5,690,000 | 1,282,000 | 6,250,000 | 5,087,000 | 1,163,000 |
Sep 2010 | 187,000 | 6,669,000 | 5,416,000 | 1,253,000 | 6,482,000 | 5,253,000 | 1,229,000 |
Dec 2010 | 609,000 | 7,027,000 | 5,651,000 | 1,376,000 | 6,418,000 | 5,193,000 | 1,225,000 |
Mar 2011 | 292,000 | 6,437,000 | 5,272,000 | 1,165,000 | 6,145,000 | 5,010,000 | 1,135,000 |
Jun 2011 | 603,000 | 6,942,000 | 5,646,000 | 1,296,000 | 6,339,000 | 5,111,000 | 1,228,000 |
Sep 2011 | 794,000 | 7,136,000 | 5,776,000 | 1,360,000 | 6,342,000 | 5,194,000 | 1,148,000 |
Dec 2011 | 389,000 | 6,909,000 | 5,557,000 | 1,352,000 | 6,520,000 | 5,238,000 | 1,282,000 |
Mar 2012 | 814,000 | 6,935,000 | 5,706,000 | 1,229,000 | 6,121,000 | 4,935,000 | 1,186,000 |
Gross job gains at expanding establishments totaled 5.7 million in first quarter 2012, an increase of 149,000 from the previous quarter. Opening establishments accounted for 1.2 million jobs gained in first quarter 2012, a decrease of 123,000 from the previous quarter. Gross job gains for the first quarter of 2012 (6.9 million) are the sum of increases in employment from expansions at existing units (5.7 million) and the addition of new jobs at opening units (1.2 million).
Contracting establishments lost 4.9 million jobs in first quarter 2012. This is a decrease of 303,000 from the prior quarter. In first quarter 2012, closing establishments lost 1.2 million jobs, a decrease of 96,000 from the previous quarter. Gross job losses (6.1 million) are the result of contractions in employment at existing units (4.9 million) and the loss of jobs at closing units (1.2 million).
The difference between the number of gross job gains (6.9 million) and the number of gross job losses (6.1 million) yielded a net employment change of 814,000 jobs in the private sector during the first quarter of 2012; this compares with 389,000 in the previous quarter, and 292,000 in the first quarter of 2011.
These data are from the Business Employment Dynamics (BED) program. The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all businesses in the economy. BED statistics track these changes in employment at private business units from the third month of one quarter to the third month of the next. To learn more, see "Business Employment Dynamics — Second Quarter 2011" (HTML) (PDF), news release USDL-12-2261.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job gains increase, job losses decline in Q1 2012 at https://www.bls.gov/opub/ted/2012/ted_20121121.htm (visited December 09, 2024).