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Gross job gains and losses were both 7.3 million from July to September 2019

May 05, 2020

From July 2019 to September 2019, gross job gains from opening and expanding private-sector establishments were 7.3 million, a decrease of 264,000 jobs from the previous quarter. Over this period, gross job losses from closing and contracting private-sector establishments were 7.3 million, a decrease of 93,000 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 11,000 jobs in the private sector during the third quarter of 2019.

Gross job gains and losses, third quarter 2019 
Gains and losses Private sector, total Goods-producing Service-providing

Gross job gains

7,341,000 1,241,000 6,100,000

Gross job losses

7,330,000 1,322,000 6,008,000

The service-providing industries experienced a net job increase of 92,000 jobs in the third quarter of 2019, while the goods-producing industries experienced a net job decrease of 81,000 jobs over the same period.

These data are from the Business Employment Dynamics program and are seasonally adjusted. For more information, see "Business Employment Dynamics — Third Quarter 2019." 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, Gross job gains and losses were both 7.3 million from July to September 2019 on the Internet at https://www.bls.gov/opub/ted/2020/gross-job-gains-and-losses-were-both-7-point-3-million-from-july-to-september-2019.htm (visited August 12, 2020).

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