From March 2024 to June 2024, gross job gains from opening and expanding private-sector establishments in Maryland were 157,499, while gross job losses from closing and contracting private-sector establishments were 144,265, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Alexandra Hall Bovee noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 13,234 jobs in the private sector during the second quarter of 2024. During the previous quarter, gross job gains exceeded gross job losses by 1,176. (See chart 1.)

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all private businesses in the economy. Business Employment Dynamics (BED) statistics track these changes in employment at private-sector establishments from the third month of one quarter to the third month of the next. The difference between the number of gross job gains and the number of gross job losses is the net change in employment. (See the Business Employment Dynamics Technical Note.)

Gross job gains

In the second quarter of 2024, gross job gains represented 7.2 percent of private-sector employment in Maryland; nationally, gross job gains accounted for 5.8 percent of private-sector employment. (See chart 2.) 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. In Maryland, gross job gains at expanding establishments totaled 98,336 in the second quarter of 2024, an increase of 285 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 59,163 jobs gained in the second quarter of 2024, an increase of 31,010 jobs from the previous quarter.

Gross job losses

In the second quarter of 2024, gross job losses represented 6.5 percent of private-sector employment in Maryland; nationally, gross job losses accounted for 5.9 percent of private-sector employment. (See chart 3.) Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. In Maryland, contracting establishments lost 97,272 jobs in the second quarter of 2024, an increase of 504 jobs from the prior quarter. Closing establishments lost 46,993 jobs, an increase of 18,733 jobs from the previous quarter.

Industries

Gross job gains exceeded gross job losses in 7 of the 10 published industry sectors in Maryland in the second quarter of 2024. Education and health services had the largest over-the-quarter net job increase, with a gain of 7,725 jobs. This was the result of 27,616 gross job gains and 19,891 gross job losses. The professional and business services industry had a net gain of 3,626 jobs, the result of 39,429 gross job gains and 35,803 gross job losses. Construction showed a net loss of 987 jobs, the largest loss of any sector in the state.

For more information

The BED data series include gross job gains and gross job losses by industry subsector, for the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands, as well as gross job gains and gross job losses at the firm level by employer size class. BED data for the states have been included in table 2 of this release. Additional information is available online at the Business Employment Dynamics Home.

The Business Employment Dynamics for Third Quarter 2024 are scheduled to be released on Wednesday, May 7, 2025.

Technical Note

The Business Employment Dynamics (BED) data are a product of a federal-state cooperative program known as Quarterly Census of Employment and Wages (QCEW). The BED data are compiled by the U.S. Bureau of Labor Statistics (BLS) from existing QCEW records.

More information on formal definitions of the data used in this release, along with coverage, concepts, and methodology, can be found in the Business Employment Dynamics Technical Note.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Private-sector gross job gains and losses by industry, Maryland, seasonally adjusted

Category	Gross job gains and losses (3 months ended)					Gross job gains and losses as a percent of employment (3 months ended)
	June 2023	Sept. 2023	Dec. 2023	Mar. 2024	June 2024	June 2023	Sept. 2023	Dec. 2023	Mar. 2024	June 2024
Total private (1)
Gross job gains	145,566	137,001	136,697	126,204	157,499	6.7	6.3	6.2	5.8	7.2
At expanding establishments	113,524	98,005	105,217	98,051	98,336	5.2	4.5	4.8	4.5	4.5
At opening establishments	32,042	38,996	31,480	28,153	59,163	1.5	1.8	1.4	1.3	2.7
Gross job losses	143,399	139,447	126,936	125,028	144,265	6.6	6.4	5.8	5.7	6.5
At contracting establishments	105,942	111,977	96,709	96,768	97,272	4.9	5.1	4.4	4.4	4.4
At closing establishments	37,457	27,470	30,227	28,260	46,993	1.7	1.3	1.4	1.3	2.1
Net employment change (2)	2,167	-2,446	9,761	1,176	13,234	0.1	-0.1	0.4	0.1	0.7
Construction
Gross job gains	9,674	10,400	10,845	10,574	10,994	5.9	6.5	6.7	6.5	6.7
At expanding establishments	7,375	7,205	8,733	8,780	7,387	4.5	4.5	5.4	5.4	4.5
At opening establishments	2,299	3,195	2,112	1,794	3,607	1.4	2.0	1.3	1.1	2.2
Gross job losses	12,086	11,179	10,053	9,272	11,981	7.4	7.0	6.2	5.7	7.4
At contracting establishments	8,813	9,077	7,420	6,933	7,954	5.4	5.7	4.6	4.3	4.9
At closing establishments	3,273	2,102	2,633	2,339	4,027	2.0	1.3	1.6	1.4	2.5
Net employment change (2)	-2,412	-779	792	1,302	-987	-1.5	-0.5	0.5	0.8	-0.7
Manufacturing
Gross job gains	4,148	4,287	4,284	3,326	4,579	3.6	3.7	3.7	2.9	4.1
At expanding establishments	3,452	3,442	3,577	2,826	3,018	3.0	3.0	3.1	2.5	2.7
At opening establishments	696	845	707	500	1,561	0.6	0.7	0.6	0.4	1.4
Gross job losses	4,134	4,276	3,481	3,948	4,017	3.6	3.8	3.1	3.5	3.6
At contracting establishments	3,228	3,629	2,689	3,110	2,868	2.8	3.2	2.4	2.8	2.6
At closing establishments	906	647	792	838	1,149	0.8	0.6	0.7	0.7	1.0
Net employment change (2)	14	11	803	-622	562	0.0	-0.1	0.6	-0.6	0.5
Wholesale trade
Gross job gains	4,452	4,115	3,852	3,368	5,000	5.2	4.7	4.5	3.9	5.8
At expanding establishments	3,522	3,134	2,894	2,646	2,516	4.1	3.6	3.4	3.1	2.9
At opening establishments	930	981	958	722	2,484	1.1	1.1	1.1	0.8	2.9
Gross job losses	4,090	3,889	4,328	3,930	5,042	4.7	4.6	5.1	4.5	5.8
At contracting establishments	2,876	2,893	3,237	2,967	2,936	3.3	3.4	3.8	3.4	3.4
At closing establishments	1,214	996	1,091	963	2,106	1.4	1.2	1.3	1.1	2.4
Net employment change (2)	362	226	-476	-562	-42	0.5	0.1	-0.6	-0.6	0.0
Retail trade
Gross job gains	15,126	15,863	13,360	14,740	15,781	5.5	5.9	4.9	5.5	5.8
At expanding establishments	12,604	12,424	11,090	12,370	12,268	4.6	4.6	4.1	4.6	4.5
At opening establishments	2,522	3,439	2,270	2,370	3,513	0.9	1.3	0.8	0.9	1.3
Gross job losses	16,882	16,904	14,777	13,435	15,821	6.2	6.3	5.5	5.0	5.8
At contracting establishments	13,330	14,055	12,879	11,290	12,608	4.9	5.2	4.8	4.2	4.6
At closing establishments	3,552	2,849	1,898	2,145	3,213	1.3	1.1	0.7	0.8	1.2
Net employment change (2)	-1,756	-1,041	-1,417	1,305	-40	-0.7	-0.4	-0.6	0.5	0.0
Transportation and warehousing
Gross job gains	9,847	6,363	10,651	4,490	6,792	9.7	6.4	10.4	4.4	6.8
At expanding establishments	8,999	5,003	9,692	3,836	4,481	8.9	5.0	9.5	3.8	4.5
At opening establishments	848	1,360	959	654	2,311	0.8	1.4	0.9	0.6	2.3
Gross job losses	11,450	9,094	4,819	9,849	6,620	11.3	9.1	4.7	9.6	6.6
At contracting establishments	10,116	8,403	3,802	8,987	5,288	10.0	8.4	3.7	8.8	5.3
At closing establishments	1,334	691	1,017	862	1,332	1.3	0.7	1.0	0.8	1.3
Net employment change (2)	-1,603	-2,731	5,832	-5,359	172	-1.6	-2.7	5.7	-5.2	0.2
Information
Gross job gains	2,153	1,796	2,022	1,468	2,629	6.1	5.2	5.9	4.3	7.8
At expanding establishments	1,443	1,031	1,342	1,094	1,228	4.1	3.0	3.9	3.2	3.6
At opening establishments	710	765	680	374	1,401	2.0	2.2	2.0	1.1	4.2
Gross job losses	2,283	2,404	2,229	1,973	2,589	6.5	7.0	6.4	5.8	7.7
At contracting establishments	1,456	1,860	1,625	1,470	1,458	4.1	5.4	4.7	4.3	4.3
At closing establishments	827	544	604	503	1,131	2.4	1.6	1.7	1.5	3.4
Net employment change (2)	-130	-608	-207	-505	40	-0.4	-1.8	-0.5	-1.5	0.1
Financial activities
Gross job gains	7,953	7,018	6,402	5,473	8,338	6.3	5.5	5.1	4.3	6.7
At expanding establishments	5,983	4,615	4,121	4,182	5,088	4.7	3.6	3.3	3.3	4.1
At opening establishments	1,970	2,403	2,281	1,291	3,250	1.6	1.9	1.8	1.0	2.6
Gross job losses	7,437	7,348	7,643	6,742	7,955	5.9	5.8	6.0	5.4	6.4
At contracting establishments	5,084	5,324	5,595	4,823	4,440	4.0	4.2	4.4	3.9	3.6
At closing establishments	2,353	2,024	2,048	1,919	3,515	1.9	1.6	1.6	1.5	2.8
Net employment change (2)	516	-330	-1,241	-1,269	383	0.4	-0.3	-0.9	-1.1	0.3
Professional and business services
Gross job gains	32,698	31,166	29,848	28,449	39,429	6.8	6.6	6.3	6.1	8.2
At expanding establishments	24,528	22,260	21,789	22,054	22,556	5.1	4.7	4.6	4.7	4.7
At opening establishments	8,170	8,906	8,059	6,395	16,873	1.7	1.9	1.7	1.4	3.5
Gross job losses	34,479	32,623	32,695	29,415	35,803	7.2	6.8	6.9	6.2	7.5
At contracting establishments	25,204	25,421	23,973	21,700	22,874	5.3	5.3	5.1	4.6	4.8
At closing establishments	9,275	7,202	8,722	7,715	12,929	1.9	1.5	1.8	1.6	2.7
Net employment change (2)	-1,781	-1,457	-2,847	-966	3,626	-0.4	-0.2	-0.6	-0.1	0.7
Education and health services
Gross job gains	25,767	22,686	21,070	21,408	27,616	5.8	5.0	4.6	4.7	5.9
At expanding establishments	20,684	16,793	15,911	17,711	17,388	4.7	3.7	3.5	3.9	3.7
At opening establishments	5,083	5,893	5,159	3,697	10,228	1.1	1.3	1.1	0.8	2.2
Gross job losses	18,486	18,498	17,310	16,883	19,891	4.1	4.1	3.8	3.7	4.2
At contracting establishments	12,945	14,523	12,956	12,410	14,575	2.9	3.2	2.8	2.7	3.1
At closing establishments	5,541	3,975	4,354	4,473	5,316	1.2	0.9	1.0	1.0	1.1
Net employment change (2)	7,281	4,188	3,760	4,525	7,725	1.7	0.9	0.8	1.0	1.7
Leisure and hospitality
Gross job gains	25,822	24,626	27,138	23,692	27,272	9.8	9.4	10.2	8.8	10.2
At expanding establishments	19,770	16,170	21,058	17,010	17,726	7.5	6.2	7.9	6.3	6.6
At opening establishments	6,052	8,456	6,080	6,682	9,546	2.3	3.2	2.3	2.5	3.6
Gross job losses	24,161	26,524	22,896	23,453	25,551	9.2	10.1	8.7	8.7	9.6
At contracting establishments	17,568	21,910	17,685	18,610	17,094	6.7	8.3	6.7	6.9	6.4
At closing establishments	6,593	4,614	5,211	4,843	8,457	2.5	1.8	2.0	1.8	3.2
Net employment change (2)	1,661	-1,898	4,242	239	1,721	0.6	-0.7	1.5	0.1	0.6
Other services (3)
Gross job gains	6,570	6,936	6,158	6,004	7,025	8.2	8.5	7.4	7.1	8.3
At expanding establishments	4,098	4,503	4,138	4,546	3,878	5.1	5.5	5.0	5.4	4.6
At opening establishments	2,472	2,433	2,020	1,458	3,147	3.1	3.0	2.4	1.7	3.7
Gross job losses	6,076	5,610	5,598	5,266	7,459	7.5	6.8	6.7	6.2	8.9
At contracting establishments	3,965	3,950	3,996	3,728	4,074	4.9	4.8	4.8	4.4	4.9
At closing establishments	2,111	1,660	1,602	1,538	3,385	2.6	2.0	1.9	1.8	4.0
Net employment change (2)	494	1,326	560	738	-434	0.7	1.7	0.7	0.9	-0.6
Footnotes: (1) Includes unclassified sector not shown separately. (2) The net employment change is the difference between total gross job gains and total gross job losses. See the Technical Note for further information. (3) Except public administration.

Table 2. Private-sector gross job gains and losses as a percent of total employment by state, seasonally adjusted

Category	Gross job gains as a percent of employment (3 months ended)					Gross job losses as a percent of employment (3 months ended)
	June 2023	Sept. 2023	Dec. 2023	Mar. 2024	June 2024	June 2023	Sept. 2023	Dec. 2023	Mar. 2024	June 2024
United States(1)	6.2	5.9	6.0	5.7	5.8	5.9	6.0	5.7	5.4	5.9
Alabama	6.0	6.0	6.2	5.7	5.6	5.7	6.0	5.7	5.5	5.6
Alaska	11.0	8.5	10.2	10.5	10.2	8.9	10.5	9.9	8.6	9.6
Arizona	7.0	6.8	6.5	8.4	5.6	6.3	5.7	6.6	6.4	6.8
Arkansas	5.9	5.6	6.2	5.6	5.2	6.0	5.8	5.0	5.2	5.8
California	6.8	6.4	6.4	5.8	6.1	6.4	6.5	6.4	5.6	6.8
Colorado	7.3	5.4	8.2	6.4	6.5	6.5	6.1	7.6	7.7	6.2
Connecticut	6.4	5.8	5.6	5.6	5.8	5.7	6.2	5.7	5.2	5.6
Delaware	6.4	6.0	6.1	6.0	5.9	5.8	6.5	5.8	5.1	6.5
District of Columbia	5.4	5.4	5.2	5.1	5.1	5.3	5.4	5.6	4.9	6.0
Florida	6.8	6.5	6.1	5.8	6.0	5.9	5.9	5.9	5.4	5.9
Georgia	6.3	6.1	6.2	6.0	5.7	6.4	6.1	5.7	5.7	5.7
Hawaii	5.7	5.3	6.1	5.4	5.1	5.3	6.8	5.0	5.1	5.4
Idaho	7.8	7.2	8.5	7.9	7.5	7.4	7.9	5.8	8.3	7.4
Illinois	5.4	4.8	5.0	5.1	5.2	5.2	5.3	5.1	4.8	5.3
Indiana	5.6	5.7	5.5	5.3	5.2	5.8	5.7	5.1	5.0	5.5
Iowa	6.0	5.6	6.1	6.1	5.5	5.9	5.8	5.7	5.6	5.7
Kansas	6.1	5.7	5.8	5.7	5.8	6.0	6.0	5.3	5.6	5.7
Kentucky	5.6	5.7	5.7	5.7	5.2	5.9	5.6	5.2	5.0	5.9
Louisiana	6.0	6.2	6.3	6.2	5.7	6.5	6.0	5.8	5.7	6.3
Maine	7.6	7.0	7.4	7.2	7.3	7.6	7.8	7.0	6.1	7.0
Maryland	6.7	6.3	6.2	5.8	7.2	6.6	6.4	5.8	5.7	6.5
Massachusetts	5.9	5.4	5.5	5.2	5.7	5.6	5.9	5.5	5.1	5.6
Michigan	5.9	5.2	5.5	5.4	5.7	5.3	5.9	5.5	5.2	5.6
Minnesota	6.0	3.3	6.9	5.8	5.7	5.5	4.3	6.9	5.7	5.4
Mississippi	6.4	6.2	6.1	5.7	5.8	6.5	6.2	5.7	6.1	6.3
Missouri	5.8	5.6	6.0	5.7	5.6	5.9	5.8	5.6	5.3	5.8
Montana	7.8	7.7	8.8	8.1	7.9	8.4	8.4	7.2	7.5	7.6
Nebraska	6.2	6.0	5.9	5.8	5.4	5.7	5.9	5.7	5.1	5.6
Nevada	6.5	6.5	6.7	5.9	5.8	5.9	5.6	5.4	6.2	5.7
New Hampshire	6.7	5.8	6.2	6.5	6.1	6.3	6.7	5.9	5.8	6.0
New Jersey	6.4	6.0	5.9	5.5	5.9	6.0	6.0	5.8	5.4	5.4
New Mexico	6.6	6.4	6.9	6.0	6.0	6.3	6.8	5.8	6.0	6.3
New York	6.2	5.8	5.7	5.9	5.9	5.8	6.0	5.6	5.0	5.5
North Carolina	6.1	5.7	6.3	5.4	5.6	5.7	6.1	4.9	5.5	5.7
North Dakota	6.9	6.6	6.7	6.9	6.6	6.7	6.6	6.3	6.1	6.6
Ohio	5.6	5.2	5.4	5.5	5.2	5.6	5.6	5.2	4.8	5.4
Oklahoma	6.3	6.3	6.1	5.6	5.6	6.1	6.0	5.8	5.2	6.4
Oregon	6.4	6.1	6.2	6.4	6.0	6.6	6.7	6.2	6.1	6.4
Pennsylvania	5.2	5.2	5.2	5.1	4.9	5.5	5.1	4.8	4.6	5.1
Rhode Island	6.7	6.4	6.8	6.9	6.6	6.8	6.7	6.3	5.7	6.7
South Carolina	6.4	6.6	6.2	6.4	5.9	6.6	5.7	5.3	6.3	6.4
South Dakota	6.7	6.3	6.6	6.3	6.0	6.0	6.3	5.8	5.8	6.3
Tennessee	5.8	5.6	6.2	5.5	5.5	5.5	5.7	5.5	4.9	5.7
Texas	5.8	5.7	5.7	5.4	5.4	5.4	5.5	5.2	5.1	5.3
Utah	6.9	6.9	6.6	6.7	6.4	6.4	6.6	6.5	6.0	6.6
Vermont	7.4	6.4	7.3	7.2	6.6	7.5	7.9	6.6	6.3	7.5
Virginia	6.1	5.9	5.9	5.7	5.7	5.9	6.0	5.5	5.2	5.6
Washington	6.1	5.8	6.0	5.7	5.7	5.7	6.0	5.4	5.3	5.3
West Virginia	6.1	6.5	6.5	6.9	6.6	6.4	6.6	5.8	5.7	6.8
Wisconsin	5.6	5.2	5.5	5.5	5.3	5.8	5.8	5.2	4.8	5.5
Wyoming	8.4	8.3	8.9	8.4	8.2	8.7	8.2	8.4	8.3	9.0
Puerto Rico	5.9	5.7	4.9	5.4	5.6	5.0	5.3	4.8	4.6	4.9
Virgin Islands	7.5	8.2	6.0	5.6	4.3	6.5	6.8	5.9	4.5	5.1
Footnotes (1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands. The sum of the states will not necessarily add to the U.S. total because of the independent seasonal adjustment of each state.