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Gross job gains exceed gross job losses by 1.0 million in fourth quarter 2015
July 29, 2016
From September 2015 to December 2015, there were 7.8 million gross job gains from opening and expanding private sector establishments, an increase of 530,000 jobs from the previous quarter. Over the same period, the number of gross job losses from closing and contracting private sector establishments was 6.8 million, a decrease of 52,000 jobs from the previous quarter. The difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 1.0 million jobs in the private sector during the fourth quarter of 2015.
Quarterly gross job gains, gross job losses, and net employment change, December 2005–December 2015
Quarter
Gross job gains
Gross job losses
Net change
Dec 2005
7,812,000
-7,345,000
467,000
Mar 2006
7,880,000
-6,984,000
896,000
Jun 2006
7,766,000
-7,424,000
342,000
Sep 2006
7,545,000
-7,453,000
92,000
Dec 2006
7,770,000
-7,339,000
431,000
Mar 2007
7,815,000
-7,231,000
584,000
Jun 2007
7,647,000
-7,515,000
132,000
Sep 2007
7,376,000
-7,585,000
-209,000
Dec 2007
7,687,000
-7,419,000
268,000
Mar 2008
7,320,000
-7,519,000
-199,000
Jun 2008
7,281,000
-7,874,000
-593,000
Sep 2008
6,944,000
-7,857,000
-913,000
Dec 2008
6,738,000
-8,576,000
-1,838,000
Mar 2009
5,918,000
-8,598,000
-2,680,000
Jun 2009
6,425,000
-8,092,000
-1,667,000
Sep 2009
6,399,000
-7,248,000
-849,000
Dec 2009
6,665,000
-6,929,000
-264,000
Mar 2010
6,325,000
-6,572,000
-247,000
Jun 2010
6,995,000
-6,297,000
698,000
Sep 2010
6,741,000
-6,504,000
237,000
Dec 2010
7,052,000
-6,486,000
566,000
Mar 2011
6,521,000
-6,206,000
315,000
Jun 2011
6,976,000
-6,381,000
595,000
Sep 2011
7,198,000
-6,365,000
833,000
Dec 2011
6,878,000
-6,528,000
350,000
Mar 2012
7,059,000
-6,126,000
933,000
Jun 2012
7,057,000
-6,439,000
618,000
Sep 2012
6,886,000
-6,631,000
255,000
Dec 2012
7,122,000
-6,414,000
708,000
Mar 2013
6,913,000
-6,369,000
544,000
Jun 2013
7,160,000
-6,494,000
666,000
Sep 2013
7,051,000
-6,578,000
473,000
Dec 2013
7,279,000
-6,551,000
728,000
Mar 2014
6,927,000
-6,504,000
423,000
Jun 2014
7,467,000
-6,584,000
883,000
Sep 2014
7,235,000
-6,710,000
525,000
Dec 2014
7,658,000
-6,563,000
1,095,000
Mar 2015
6,947,000
-6,721,000
226,000
Jun 2015
7,554,000
-6,725,000
829,000
Sep 2015
7,292,000
-6,874,000
418,000
Dec 2015
7,822,000
-6,822,000
1,000,000
Gross job gains at expanding establishments totaled 6.4 million in the fourth quarter of 2015, an increase of 415,000 jobs from the previous quarter. Opening establishments accounted for 1.4 million jobs gained, an increase of 115,000 jobs from the previous quarter.
Contracting establishments lost 5.6 million jobs in the fourth quarter of 2015. This was a decrease of 106,000 jobs from the prior quarter. Closing establishments lost 1.3 million jobs, an increase of 54,000 jobs from the previous quarter.
These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Fourth Quarter 2015" (HTML) (PDF). Job gains and job losses by firm are lower than job gains and job losses by establishment, as some establishment gains and losses within a firm are offset during the aggregation process.
United States Department of Labor
