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Alaska has highest rates of employment turnover in third quarter 2014

May 01, 2015

From June to September 2014, gross job gains exceeded gross job losses in the United States. Gross job gains from opening and expanding private-sector establishments were 7.2 million, or 6.2 percent of U.S. employment. Gross job losses from closing and contracting private-sector establishments were 6.6 million, or 5.8 percent of employment, in the third quarter of 2014. This resulted in a net employment gain of 542,000 jobs, or 0.4 percent, during the third quarter.

Private sector gross job gains and losses as a percent of total employment by state, seasonally adjusted, third quarter 2014
State Job losses Job gains Net change

United States

5.8 6.2 0.4

North Dakota

6.7 8.2 1.5

Florida

5.9 7.2 1.3

Colorado

6.2 7.3 1.1

Nevada

5.5 6.6 1.1

Utah

6.0 7.1 1.1

Arizona

5.4 6.4 1.0

California

6.0 7.0 1.0

Oregon

6.0 7.0 1.0

Washington

6.0 7.0 1.0

Texas

5.1 6.0 0.9

Georgia

5.9 6.8 0.9

Louisiana

5.8 6.6 0.8

Tennessee

5.0 5.7 0.7

Kentucky

5.4 6.1 0.7

Arkansas

5.3 5.9 0.6

Oklahoma

5.5 6.1 0.6

Alabama

5.4 5.9 0.5

Hawaii

4.7 5.2 0.5

New Mexico

6.1 6.5 0.4

New York

6.0 6.4 0.4

Maryland

6.2 6.5 0.3

Nebraska

5.7 6.0 0.3

North Carolina

5.8 6.1 0.3

South Carolina

5.8 6.1 0.3

District of Columbia

5.5 5.7 0.2

Idaho

7.3 7.5 0.2

Mississippi

6.0 6.2 0.2

South Dakota

6.0 6.2 0.2

Pennsylvania

5.1 5.2 0.1

Rhode Island

5.8 5.9 0.1

Massachusetts

5.5 5.6 0.1

Indiana

5.3 5.3 0.0

Iowa

5.7 5.7 0.0

Missouri

5.6 5.6 0.0

New Jersey

6.3 6.3 0.0

Ohio

5.5 5.5 0.0

Connecticut

5.3 5.2 -0.1

Delaware

6.1 6.0 -0.1

Illinois

5.8 5.7 -0.1

Kansas

5.8 5.7 -0.1

Montana

8.1 8.0 -0.1

Wyoming

8.4 8.3 -0.1

Virginia

5.8 5.6 -0.2

Michigan

5.8 5.5 -0.3

Wisconsin

5.6 5.3 -0.3

Maine

7.1 6.7 -0.4

New Hampshire

6.3 5.9 -0.4

Minnesota

5.9 5.5 -0.4

Vermont

7.2 6.8 -0.4

West Virginia

6.6 6.1 -0.5

Alaska

10.4 9.4 -1.0

Gross job gains exceeded gross job losses in 32 states and the District of Columbia in the third quarter of 2014.

Alaska had the highest rate of gross job gains as a percent of employment, 9.4 percent; Alaska also had the highest rate of gross job losses as a percent of employment, 10.4 percent. This resulted in a net loss of 1.0 percent. North Dakota had the highest net employment change, a gain of 1.5 percent.

Hawaii had the lowest rate of gross job losses as a percent of employment at 4.7 percent, below the U.S. rate of 5.8 percent.

These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Third Quarter 2014" (HTML) (PDF). Net employment change is the difference between the number of gross job gains and gross job losses.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Alaska has highest rates of employment turnover in third quarter 2014 at https://www.bls.gov/opub/ted/2015/alaska-has-highest-rates-of-employment-turnover-in-third-quarter-2014.htm (visited October 25, 2021).

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