Gross job gains exceed gross job losses by 688,000 in third quarter of 2016

May 01, 2017

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.

Private sector gross job gains and losses by industry, seasonally adjusted, third quarter 2016
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.

SUGGESTED CITATION

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 on the Internet at https://www.bls.gov/opub/ted/2017/gross-job-gains-exceed-gross-job-losses-by-688000-in-third-quarter-of-2016.htm (visited July 20, 2017).

OF INTEREST

Recent editions of Spotlight on Statistics