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Employment gain 829,000 during second quarter of 2015

February 02, 2016

From March 2015 to June 2015, job gains from opening and expanding private sector establishments were 7.6 million. Over this period, gross job losses from closing and contracting private sector establishments were 6.7 million. The difference between the number of job gains and the number of job losses yielded a net employment gain of 829,000 private sector jobs in the second quarter of 2015.

Private sector job gains and losses, seasonally adjusted, March–June 2015
Category 3 months ended June 2015

Job gains

7,554,000

At expanding establishments

6,220 ,000

At opening establishments

1,334,000

Job losses

6,725,000

At contracting establishments

5,541,000

At closing establishments

1,184 ,000

Net employment change

829,000

Note: The net employment change is the difference between total job gains and total job losses.

The gain of 7.6 million jobs consisted of 6.2 million jobs at expanding establishments and 1.3 million at opening establishments. Contracting establishments lost 5.5 million jobs in the second quarter of 2015, while closing establishments lost 1.2 million jobs; together these composed the total loss of 6.7 million jobs.

During the second quarter, 3.2 million job gains and 2.9 million job losses occurred at firms with fewer than 50 employees, resulting in a net employment gain of 311,000 at these small firms.

Firms with 50 to 249 employees saw job gains of 1.1 million and job losses of 0.9 million, which was a gain of 192,000.

Large firms, with 250 or more employees, had job gains of 1.9 million and job losses of 1.6 million, a gain of 323,000.

These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Second Quarter 2015" (HTML) (PDF).

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employment gain 829,000 during second quarter of 2015 at https://www.bls.gov/opub/ted/2016/employment-gain-829000-during-second-quarter-of-2015.htm (visited July 25, 2021).

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