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From March 2016 to June 2016, gross job gains from opening and expanding private-sector establishments were 7.5 million, an increase of 486,000 jobs from the previous quarter. Over this period, gross job losses from closing and contracting private-sector establishments were 7.2 million, an increase of 373,000 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 307,000 jobs in the private sector during the second quarter of 2016.
Quarter | Gross job gains | Gross job losses | Net employment change |
---|---|---|---|
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 |
6,540,000 | -6,206,000 | 334,000 |
Jun 2011 |
6,966,000 | -6,384,000 | 582,000 |
Sep 2011 |
7,205,000 | -6,364,000 | 841,000 |
Dec 2011 |
6,865,000 | -6,530,000 | 335,000 |
Mar 2012 |
7,080,000 | -6,126,000 | 954,000 |
Jun 2012 |
7,048,000 | -6,445,000 | 603,000 |
Sep 2012 |
6,898,000 | -6,627,000 | 271,000 |
Dec 2012 |
7,103,000 | -6,415,000 | 688,000 |
Mar 2013 |
6,933,000 | -6,368,000 | 565,000 |
Jun 2013 |
7,154,000 | -6,493,000 | 661,000 |
Sep 2013 |
7,060,000 | -6,573,000 | 487,000 |
Dec 2013 |
7,261,000 | -6,549,000 | 712,000 |
Mar 2014 |
6,947,000 | -6,500,000 | 447,000 |
Jun 2014 |
7,456,000 | -6,586,000 | 870,000 |
Sep 2014 |
7,243,000 | -6,703,000 | 540,000 |
Dec 2014 |
7,634,000 | -6,563,000 | 1,071,000 |
Mar 2015 |
7,036,000 | -6,799,000 | 237,000 |
Jun 2015 |
7,588,000 | -6,773,000 | 815,000 |
Sep 2015 |
7,338,000 | -6,911,000 | 427,000 |
Dec 2015 |
7,843,000 | -6,842,000 | 1,001,000 |
Mar 2016 |
6,977,000 | -6,783,000 | 194,000 |
Jun 2016 |
7,463,000 | -7,156,000 | 307,000 |
Over the previous four quarters there were 29.6 million gross job gains and 27.7 million gross job losses, resulting in a net employment increase of 1.9 million private-sector jobs. The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all businesses in the economy. Gross job gains are the sum of increases in employment from expansions at existing units and the addition of new jobs at opening units. Gross job losses are the result of contractions in employment at existing units and the loss of jobs at closing units. The difference between the number of gross job gains and the number of gross job losses is the net change in employment.
These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Second Quarter 2016" (HTML) (PDF).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains totaled 7.5 million in the second quarter of 2016 at https://www.bls.gov/opub/ted/2017/gross-job-gains-totaled-seven-point-five-million-in-the-second-quarter-of-2016.htm (visited October 31, 2024).