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Gross job gains exceed gross job losses by 916,000 in second quarter of 2014
February 02, 2015
From March to June 2014, the net employment gain in private industry was 916,000; gross job gains were 7.4 million, and gross job losses totaled 6.5 million. Gross job gains outnumbered gross job losses in every private industry except utilities. Utilities had a net employment loss of 1,000 jobs.
Private sector gross job gains and losses by industry, seasonally adjusted, second quarter 2014
Industry
Gross job gains
Gross job losses
Net employment change
Total private
7,438,000
-6,522,000
916,000
Professional and business services
1,438,000
-1,236,000
202,000
Leisure and hospitality
1,275,000
-1,162,000
113,000
Retail trade
969,000
-827,000
142,000
Education and health services
882,000
-836,000
46,000
Construction
692,000
-597,000
95,000
Manufacturing
437,000
-365,000
72,000
Financial activities
374,000
-333,000
41,000
Other services
302,000
-268,000
34,000
Wholesale trade
284,000
-248,000
36,000
Natural resources and mining
281,000
-271,000
10,000
Transportation and warehousing
244,000
-206,000
38,000
Information
141,000
-133,000
8,000
Utilities
12,000
-13,000
-1,000
The professional and business services industry had a net increase of 202,000 jobs in the second quarter of 2014. Construction experienced its largest net change—a gain of 95,000 jobs—since the first quarter of 2006.
These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Second Quarter 2014" (HTML) (PDF). Net employment change is the difference between the number of gross job gains and gross job losses.
United States Department of Labor
