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From September 2024 to December 2024, gross job gains from opening and expanding private-sector establishments were 7.8 million. Gross job gains at expanding establishments totaled 6.1 million jobs in the fourth quarter of 2024, while opening establishments accounted for 1.6 million of the jobs gained.
Private-sector gross job gains and losses, fourth quarter 2024
Category
Job gains
Job losses
At expanding establishments
6,135,000
At opening establishments
1,632,000
At contracting establishments
5,995,000
At closing establishments
1,525,000
Over this 3-month period, gross job losses from closing and contracting private-sector establishments were 7.5 million. Contracting establishments lost 6.0 million jobs and closing establishments lost 1.5 million jobs.
United States Department of Labor
