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From June 2016 to September 2016, the net employment gain in private industry was 688,000. Gross job gains were 7,650,000, and gross job losses totaled 6,962,000. Gross job gains exceeded gross job losses in 9 of 13 industries. Service-providing industries experienced a net job gain of 686,000 jobs, while goods-producing industries experienced a net job gain of 2,000 jobs.
Industry | Gross job gains | Gross job losses | Net employment change |
---|---|---|---|
Total private |
7,650,000 | 6,962,000 | 688,000 |
Professional and business services |
1,469,000 | 1,272,000 | 197,000 |
Leisure and hospitality |
1,330,000 | 1,297,000 | 33,000 |
Education and health services |
1,034,000 | 822,000 | 212,000 |
Retail trade |
947,000 | 949,000 | -2,000 |
Construction |
654,000 | 618,000 | 36,000 |
Manufacturing |
397,000 | 426,000 | -29,000 |
Financial activities |
386,000 | 347,000 | 39,000 |
Other services |
305,000 | 285,000 | 20,000 |
Transportation and warehousing |
288,000 | 227,000 | 61,000 |
Wholesale trade |
274,000 | 262,000 | 12,000 |
Natural resources and mining |
248,000 | 253,000 | -5,000 |
Information |
152,000 | 149,000 | 3,000 |
Utilities |
11,000 | 14,000 | -3,000 |
Education and health services had the largest over-the-quarter net job increase, with a gain of 212,000 jobs. The net job increase in education and health services was the result of 1,034,000 gross job gains and 822,000 gross job losses. Within the goods-producing sector, a net gain of 36,000 jobs in construction offset the net job losses of 29,000 in manufacturing and of 5,000 in natural resources and mining.
These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Third Quarter 2016" (HTML) (PDF). Net employment change is the difference between the number of gross job gains and gross job losses.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains exceed gross job losses by 688,000 in third quarter of 2016 at https://www.bls.gov/opub/ted/2017/gross-job-gains-exceed-gross-job-losses-by-688000-in-third-quarter-of-2016.htm (visited November 08, 2024).