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Net employment gain of 27,000 private-sector jobs during third quarter 2018

April 30, 2019

The difference between the number of job gains and the number of job losses in the private sector from June 2018 to September 2018 yielded a net employment gain of 27,000 jobs. Job gains from opening and expanding private-sector establishments were 7.4 million. Job losses from closing and contracting private-sector establishments were also 7.4 million.

Three-month private sector gross job gains and losses, September 2018, seasonally adjusted
Category 3-month change

Gross job gains

7,448,000

At expanding establishments

6,099,000

At opening establishments

1,349,000

Gross job losses

-7,421,000

At contracting establishments

-6,099,000

At closing establishments

-1,322,000

Net employment change

27,000

Expanding establishments made up 6.1 million of the job gains in the third quarter of 2018. Opening establishments accounted for 1.3 million of the jobs gained during this period.

Contracting establishments lost 6.1 million jobs in the third quarter of 2018. Closing establishments lost 1.3 million jobs.

These data are from the Business Employment Dynamics program. Gross job gains are the sum of increases in employment due to expansions at existing establishments and the addition of new jobs at opening establishments. Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. For more information, see "Business Employment Dynamics — Third Quarter 2018." Also see charts related to the latest "Business Employment Dynamics" news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Net employment gain of 27,000 private-sector jobs during third quarter 2018 on the Internet at https://www.bls.gov/opub/ted/2019/net-employment-gain-of-27000-private-sector-jobs-during-third-quarter-2018.htm (visited September 19, 2020).

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