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News Release Information

24-803-CHI
Tuesday, May 07, 2024

Contacts Technical information: Media contact:
  • (312) 353-1138

Business Employment Dynamics in Ohio — Third Quarter 2023

From June 2023 to September 2023, gross job losses from closing and contracting private-sector establishments in Ohio were 272,478, while gross job gains from opening and expanding private-sector establishments were 244,248, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Jason Palmer noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment loss of 28,230 jobs in the private sector during the third quarter of 2023. During the previous quarter, gross job losses exceeded gross job gains by 4,356. (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 third quarter of 2023, gross job gains represented 5.2 percent of private-sector employment in Ohio; 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 Ohio, gross job gains at expanding establishments totaled 208,256 in the third quarter of 2023, a decrease of 15,974 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 35,992 jobs gained in the third quarter of 2023, a decrease of 6,635 jobs from the previous quarter.


Gross job losses

In the third quarter of 2023, gross job losses represented 5.7 percent of private-sector employment in Ohio; 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 Ohio, contracting establishments lost 225,064 jobs in the third quarter of 2023, a decrease of 8,759 jobs from the prior quarter. Closing establishments lost 47,414 jobs, an increase of 10,024 jobs from the previous quarter.


Industries

Gross job losses exceeded gross job gains in 9 of the 11 industry sectors in Ohio in the third quarter of 2023. Professional and business services had the largest over-the-quarter net job decrease, with a loss of 13,463 jobs. This was the result of 39,885 gross job gains and 53,348 gross job losses. The leisure and hospitality industry had a net loss of 10,051 jobs. Education and health services showed a net gain of 5,131 jobs; transportation and warehousing had a net gain of 1,519 jobs following three quarters of net job losses.

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 Fourth Quarter 2023 are scheduled to be released on Wednesday, July 24, 2024.


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, Ohio, seasonally adjusted
CategoryGross job gains and losses
(3 months ended)
Gross job gains and losses
as a percent of employment
(3 months ended)
Sept.
2022
Dec.
2022
Mar.
2023
June
2023
Sept.
2023
Sept.
2022
Dec.
2022
Mar.
2023
June
2023
Sept.
2023

Total private (1)

Gross job gains

274,284278,516276,221266,857244,2485.85.95.85.65.2

At expanding establishments

235,325231,757238,483224,230208,2565.04.95.04.74.4

At opening establishments

38,95946,75937,73842,62735,9920.81.00.80.90.8

Gross job losses

260,595270,059229,257271,213272,4785.55.74.95.75.7

At contracting establishments

217,330231,847192,401233,823225,0644.64.94.14.94.7

At closing establishments

43,26538,21236,85637,39047,4140.90.80.80.81.0

Net employment change (2)

13,6898,45746,964-4,356-28,2300.30.20.9-0.1-0.5

Construction

Gross job gains

18,30920,33122,54919,62918,1817.98.89.48.17.8

At expanding establishments

14,83716,15318,51115,99815,2236.47.07.76.66.5

At opening establishments

3,4724,1784,0383,6312,9581.51.81.71.51.3

Gross job losses

20,76319,55316,79222,05819,5349.08.57.09.28.3

At contracting establishments

17,28216,15013,61918,30215,5427.57.05.77.66.6

At closing establishments

3,4813,4033,1733,7563,9921.51.51.31.61.7

Net employment change (2)

-2,4547785,757-2,429-1,353-1.10.32.4-1.1-0.5

Manufacturing

Gross job gains

21,34723,37820,88419,93316,9403.13.43.02.92.5

At expanding establishments

19,88921,67919,58718,37215,5972.93.22.82.72.3

At opening establishments

1,4581,6991,2971,5611,3430.20.20.20.20.2

Gross job losses

21,16218,78018,74520,93921,2633.12.82.73.13.1

At contracting establishments

18,98117,44917,17319,68919,2872.82.62.52.92.8

At closing establishments

2,1811,3311,5721,2501,9760.30.20.20.20.3

Net employment change (2)

1854,5982,139-1,006-4,3230.00.60.3-0.2-0.6

Wholesale trade

Gross job gains

11,80110,85510,6669,6029,0825.04.54.44.03.7

At expanding establishments

10,1679,0899,2148,1397,7634.33.83.83.43.2

At opening establishments

1,6341,7661,4521,4631,3190.70.70.60.60.5

Gross job losses

9,4139,3738,61710,1139,8003.93.93.54.14.1

At contracting establishments

7,4127,4716,8698,3277,7243.13.12.83.43.2

At closing establishments

2,0011,9021,7481,7862,0760.80.80.70.70.9

Net employment change (2)

2,3881,4822,049-511-7181.10.60.9-0.1-0.4

Retail trade

Gross job gains

34,30829,39332,14229,39431,2896.35.45.95.45.7

At expanding establishments

30,96825,71128,69026,24028,4465.74.75.34.85.2

At opening establishments

3,3403,6823,4523,1542,8430.60.70.60.60.5

Gross job losses

33,88231,97926,38433,55632,3346.25.94.86.15.9

At contracting establishments

30,13028,60423,94930,57228,7595.55.34.45.65.2

At closing establishments

3,7523,3752,4352,9843,5750.70.60.40.50.7

Net employment change (2)

426-2,5865,758-4,162-1,0450.1-0.51.1-0.7-0.2

Transportation and warehousing

Gross job gains

14,68617,18312,96113,95015,0485.76.75.15.66.1

At expanding establishments

13,05115,41811,36712,15513,7235.16.04.54.95.6

At opening establishments

1,6351,7651,5941,7951,3250.60.70.60.70.5

Gross job losses

11,28628,86116,20017,90713,5294.311.26.57.35.5

At contracting establishments

9,92227,35415,03216,26612,0033.810.66.06.64.9

At closing establishments

1,3641,5071,1681,6411,5260.50.60.50.70.6

Net employment change (2)

3,400-11,678-3,239-3,9571,5191.4-4.5-1.4-1.70.6

Information

Gross job gains

3,8663,8203,5583,5392,8195.55.55.25.24.1

At expanding establishments

3,0232,8662,7522,6992,1974.34.14.04.03.2

At opening establishments

8439548068406221.21.41.21.20.9

Gross job losses

3,8393,9563,8033,5463,8855.55.75.65.35.7

At contracting establishments

2,6613,0563,0652,7582,9173.84.44.54.14.3

At closing establishments

1,1789007387889681.71.31.11.21.4

Net employment change (2)

27-136-245-7-1,0660.0-0.2-0.4-0.1-1.6

Financial activities

Gross job gains

15,10815,69911,92213,02811,5815.05.13.94.23.8

At expanding establishments

12,61412,8229,73910,8019,7544.24.23.23.53.2

At opening establishments

2,4942,8772,1832,2271,8270.80.90.70.70.6

Gross job losses

13,88115,04012,46911,46513,0234.64.94.13.74.3

At contracting establishments

11,30712,5669,4609,31510,0473.74.13.13.03.3

At closing establishments

2,5742,4743,0092,1502,9760.90.81.00.71.0

Net employment change (2)

1,227659-5471,563-1,4420.40.2-0.20.5-0.5

Professional and business services

Gross job gains

49,07644,52548,30847,01239,8856.66.06.56.35.4

At expanding establishments

40,84635,13140,93437,73131,7735.54.75.55.14.3

At opening establishments

8,2309,3947,3749,2818,1121.11.31.01.21.1

Gross job losses

47,37150,37341,05650,99553,3486.36.85.56.97.2

At contracting establishments

38,29042,10532,82843,15242,4255.15.74.45.85.7

At closing establishments

9,0818,2688,2287,84310,9231.21.11.11.11.5

Net employment change (2)

1,705-5,8487,252-3,983-13,4630.3-0.81.0-0.6-1.8

Education and health services

Gross job gains

41,69138,65139,91644,13939,2554.74.34.44.84.3

At expanding establishments

36,91432,31535,94538,32834,8554.23.64.04.23.8

At opening establishments

4,7776,3363,9715,8114,4000.50.70.40.60.5

Gross job losses

31,92534,46629,12833,95734,1243.73.93.33.73.8

At contracting establishments

26,19229,11323,69629,01227,2583.03.32.73.23.0

At closing establishments

5,7335,3535,4324,9456,8660.70.60.60.50.8

Net employment change (2)

9,7664,18510,78810,1825,1311.00.41.11.10.5

Leisure and hospitality

Gross job gains

50,00559,02959,30452,46347,4709.310.810.59.38.5

At expanding establishments

41,49547,96350,21342,25638,7607.78.88.97.56.9

At opening establishments

8,51011,0669,09110,2078,7101.62.01.61.81.6

Gross job losses

53,85845,03343,52453,14957,52110.08.27.79.410.2

At contracting establishments

44,71437,66536,69045,46048,0038.36.96.58.08.5

At closing establishments

9,1447,3686,8347,6899,5181.71.31.21.41.7

Net employment change (2)

-3,85313,99615,780-686-10,051-0.72.62.8-0.1-1.7

Other services (3)

Gross job gains

10,44910,90110,28511,0469,4637.07.36.97.36.2

At expanding establishments

8,8078,9348,7999,2037,7805.96.05.96.15.1

At opening establishments

1,6421,9671,4861,8431,6831.11.31.01.21.1

Gross job losses

10,1139,6329,3559,96310,8486.86.56.36.57.2

At contracting establishments

7,9007,8807,3187,9378,6415.35.34.95.25.7

At closing establishments

2,2131,7522,0372,0262,2071.51.21.41.31.5

Net employment change (2)

3361,2699301,083-1,3850.20.80.60.8-1.0

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
CategoryGross job gains as a percent of employment
(3 months ended)
Gross job losses as a percent of employment
(3 months ended)
Sept.
2022
Dec.
2022
Mar.
2023
June
2023
Sept.
2023
Sept.
2022
Dec.
2022
Mar.
2023
June
2023
Sept.
2023

United States(1)

6.96.36.26.25.85.95.95.45.95.9

Alabama

6.96.66.45.95.95.96.15.55.76.0

Alaska

8.510.910.411.08.510.49.28.08.910.5

Arizona

7.16.65.97.06.75.56.05.46.55.9

Arkansas

6.56.25.85.85.65.25.25.06.05.7

California

6.86.66.16.76.26.26.66.46.46.5

Colorado

7.07.67.27.35.57.16.96.56.66.2

Connecticut

6.35.96.16.45.86.25.95.35.76.2

Delaware

8.67.06.76.06.06.27.55.25.76.5

District of Columbia

7.25.65.95.45.55.05.54.85.35.4

Florida

7.86.26.36.86.55.66.05.65.85.8

Georgia

7.16.76.26.46.15.95.95.86.56.1

Hawaii

6.46.05.55.75.34.94.95.05.26.9

Idaho

7.88.47.97.97.37.56.97.57.58.2

Illinois

5.85.45.85.44.85.35.14.85.35.5

Indiana

6.45.75.55.55.85.55.25.06.15.8

Iowa

5.96.46.06.05.55.96.25.45.95.8

Kansas

7.46.36.16.15.75.55.65.46.06.0

Kentucky

6.66.06.15.65.75.45.34.95.95.5

Louisiana

6.96.16.36.16.25.76.25.66.46.0

Maine

7.67.47.77.66.87.36.86.27.67.8

Maryland

7.46.66.86.76.46.06.95.66.36.5

Massachusetts

6.25.55.85.95.46.15.84.75.76.1

Michigan

5.75.95.75.95.25.85.24.95.35.9

Minnesota

6.55.95.76.03.15.95.84.95.64.2

Mississippi

7.26.86.16.36.26.36.25.76.66.2

Missouri

6.86.16.55.95.66.35.85.15.95.8

Montana

8.79.28.77.87.77.87.87.18.48.5

Nebraska

7.16.06.36.06.06.15.75.15.65.9

Nevada

7.46.46.26.66.55.86.15.76.05.5

New Hampshire

6.96.77.06.75.96.76.05.96.36.7

New Jersey

6.86.86.16.85.96.45.95.75.95.9

New Mexico

8.06.76.86.46.15.96.25.96.26.7

New York

6.65.96.56.35.85.96.05.15.76.1

North Carolina

6.76.66.46.15.65.85.75.35.76.2

North Dakota

7.66.47.66.96.66.36.75.66.76.6

Ohio

5.85.95.85.65.25.55.74.95.75.7

Oklahoma

7.46.66.36.26.25.65.95.36.06.0

Oregon

6.76.57.36.46.16.06.26.16.96.9

Pennsylvania

6.15.55.55.25.25.15.24.65.55.2

Rhode Island

6.76.97.56.76.57.36.45.97.06.8

South Carolina

7.36.96.86.46.85.66.25.86.85.7

South Dakota

7.36.57.26.86.36.46.55.96.26.3

Tennessee

7.05.85.95.92.75.55.65.05.54.2

Texas

7.26.25.95.85.75.35.35.05.45.5

Utah

7.56.97.06.86.86.86.66.26.26.5

Vermont

7.27.88.27.46.37.87.06.07.58.0

Virginia

7.56.26.26.05.86.15.85.25.86.0

Washington

7.25.96.46.05.46.35.35.55.66.0

West Virginia

8.16.67.16.16.56.96.45.36.16.5

Wisconsin

6.06.06.05.65.25.85.54.95.95.9

Wyoming

9.29.28.98.48.28.47.97.88.78.2

Puerto Rico

6.26.65.15.85.75.36.15.74.95.4

Virgin Islands

8.55.97.57.48.25.54.76.56.87.1

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.

 

Last Modified Date: Tuesday, May 07, 2024