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Employment gain 201,000 at firms with 250 or more employees, 4th quarter 2016

July 28, 2017

Firms with 250 or more employees had a net employment gain of 201,000 in the fourth quarter of 2016. Firms with 1–49 employees had a net employment gain of 68,000. Firms with 50–249 employees had a net employment gain of 47,000.

Three-month private sector gross job gains and losses, by firm size, December 2015–December 2016, seasonally adjusted
Category Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016

Firm size 1 to 49 employees

         

Gross job gains

3,179,000 3,020,000 3,133,000 3,106,000 3,046,000

Gross job losses

2,932,000 2,845,000 3,061,000 2,973,000 2,978,000

Net employment change

247,000 175,000 72,000 133,000 68,000

Firm size 50 to 249 employees

         

Gross job gains

1,075,000 1,002,000 1,111,000 1,082,000 1,031,000

Gross job losses

977,000 945,000 995,000 998,000 984,000

Net employment change

98,000 57,000 116,000 84,000 47,000

Firm size 250 or more employees

         

Gross job gains

2,004,000 1,602,000 1,828,000 2,035,000 1,819,000

Gross job losses

1,467,000 1,610,000 1,714,000 1,571,000 1,618,000

Net employment change

537,000 -8,000 114,000 464,000 201,000

Of the 1.5 million net jobs created over the last four quarters, firms with 250 or more employees contributed 50.6 percent of net job growth, firms with 1–49 employees contributed 29.4 percent, while firms with 50–249 employees contributed 20.0 percent.

These data are from the Business Employment Dynamics program. For more information, see "Business Employment Dynamics – Fourth Quarter 2016" (HTML) (PDF). In addition to firm size, data on job gains and job losses by age of firm are also available. For more information, see Research Data on Business Employment Dynamics by Age and Size. Also see Announcing new research data on job creation and destruction by firm age and size in the Commissioner's Corner blog.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employment gain 201,000 at firms with 250 or more employees, 4th quarter 2016 at https://www.bls.gov/opub/ted/2017/employment-gain-201000-at-firms-with-250-or-more-employees-4th-quarter-2016.htm (visited July 25, 2021).

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