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News Release Information

25-137-CHI
Friday, February 14, 2025

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

Business Employment Dynamics in Illinois — Second Quarter 2024

From March 2024 to June 2024, gross job losses from closing and contracting private-sector establishments were 273,224, while gross job gains from opening and expanding private-sector establishments in Illinois were 272,769, 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 455 jobs in the private sector during the second quarter of 2024. During the previous quarter, gross job gains exceeded gross job losses by 11,755. (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 5.2 percent of private-sector employment in Illinois; 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 Illinois, gross job gains at expanding establishments totaled 227,063 in the second quarter of 2024, an increase of 2,423 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 45,706 jobs gained in the second quarter of 2024, an increase of 4,475 jobs from the previous quarter.


Gross job losses

In the second quarter of 2024, gross job losses represented 5.3 percent of private-sector employment in Illinois; 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 Illinois, contracting establishments lost 228,410 jobs in the second quarter of 2024, an increase of 23,998 jobs from the prior quarter. Closing establishments lost 44,814 jobs, a decrease of 4,890 jobs from the previous quarter.


Industries

Gross job losses exceeded gross job gains in 6 of the 11 industry sectors in Illinois in the second quarter of 2024. Professional and business services had the largest over-the-quarter net job decrease, with a loss of 6,438 jobs. This was the result of 56,576 gross job gains and 63,014 gross job losses. The manufacturing industry and had a net loss of 2,511 jobs, followed by wholesale trade with a net loss of 2,329 jobs. Education and health services showed a net gain of 8,208 jobs, the largest gain of any sector in the state. Illinois’s leisure and hospitality industry sector had a net gain of 3,116 jobs.

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, Illinois, seasonally adjusted
CategoryGross 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

284,509250,297257,689265,871272,7695.44.85.05.15.2

At expanding establishments

238,066207,859216,832224,640227,0634.54.04.24.34.3

At opening establishments

46,44342,43840,85741,23145,7060.90.80.80.80.9

Gross job losses

275,623282,780264,465254,116273,2245.25.35.14.85.3

At contracting establishments

237,306243,602218,665204,412228,4104.54.64.23.94.4

At closing establishments

38,31739,17845,80049,70444,8140.70.70.90.90.9

Net employment change (2)

8,886-32,483-6,77611,755-4550.2-0.5-0.10.3-0.1

Construction

Gross job gains

25,09920,89021,01125,79622,99310.58.98.910.79.6

At expanding establishments

20,29517,09217,38221,68818,7288.57.37.49.07.8

At opening establishments

4,8043,7983,6294,1084,2652.01.61.51.71.8

Gross job losses

22,78023,68124,34421,21822,9519.510.110.48.89.6

At contracting establishments

19,43519,91720,11316,65018,7038.18.58.66.97.8

At closing establishments

3,3453,7644,2314,5684,2481.41.61.81.91.8

Net employment change (2)

2,319-2,791-3,3334,578421.0-1.2-1.51.90.0

Manufacturing

Gross job gains

17,48917,41018,26118,00716,5083.03.03.23.12.8

At expanding establishments

15,66215,56816,64816,18414,6082.72.72.92.82.5

At opening establishments

1,8271,8421,6131,8231,9000.30.30.30.30.3

Gross job losses

19,19417,94616,32416,02919,0193.33.12.82.73.3

At contracting establishments

16,54316,66613,86713,57916,9362.82.92.42.32.9

At closing establishments

2,6511,2802,4572,4502,0830.50.20.40.40.4

Net employment change (2)

-1,705-5361,9371,978-2,511-0.3-0.10.40.4-0.5

Wholesale trade

Gross job gains

10,80110,30110,59811,0269,8323.63.43.53.63.3

At expanding establishments

9,4328,7269,1949,4098,7603.12.93.03.12.9

At opening establishments

1,3691,5751,4041,6171,0720.50.50.50.50.4

Gross job losses

10,0199,8799,53710,41212,1613.33.33.13.44.0

At contracting establishments

8,5038,4117,6948,2748,8952.82.82.52.72.9

At closing establishments

1,5161,4681,8432,1383,2660.50.50.60.71.1

Net employment change (2)

7824221,061614-2,3290.30.10.40.2-0.7

Retail trade

Gross job gains

28,33127,65725,23628,45127,5294.94.84.55.04.8

At expanding establishments

25,04924,42222,08225,43224,2104.34.23.94.54.2

At opening establishments

3,2823,2353,1543,0193,3190.60.60.60.50.6

Gross job losses

29,46232,39829,03924,36228,1165.15.65.14.34.8

At contracting establishments

26,64828,88625,61821,00724,4284.65.04.53.74.2

At closing establishments

2,8143,5123,4213,3553,6880.50.60.60.60.6

Net employment change (2)

-1,131-4,741-3,8034,089-587-0.2-0.8-0.60.70.0

Transportation and warehousing

Gross job gains

13,45512,98420,21710,77813,2924.34.16.53.54.3

At expanding establishments

10,92111,02217,8649,03310,7913.53.55.72.93.5

At opening establishments

2,5341,9622,3531,7452,5010.80.60.80.60.8

Gross job losses

14,07615,79813,41218,84714,3514.55.14.26.04.6

At contracting establishments

12,26713,73110,12816,00112,2303.94.43.25.13.9

At closing establishments

1,8092,0673,2842,8462,1210.60.71.00.90.7

Net employment change (2)

-621-2,8146,805-8,069-1,059-0.2-1.02.3-2.5-0.3

Information

Gross job gains

4,2273,6124,7634,5383,7324.43.95.24.94.1

At expanding establishments

3,3722,8593,9823,2382,8963.53.14.33.53.2

At opening establishments

8557537811,3008360.90.80.91.40.9

Gross job losses

6,6036,1695,0144,5295,1836.96.65.44.95.7

At contracting establishments

5,6675,1313,9013,3884,0225.95.54.23.74.4

At closing establishments

9361,0381,1131,1411,1611.01.11.21.21.3

Net employment change (2)

-2,376-2,557-2519-1,451-2.5-2.7-0.20.0-1.6

Financial activities

Gross job gains

15,75813,02312,08612,84714,2294.23.43.23.43.7

At expanding establishments

13,23210,5639,15610,69711,4233.52.82.42.83.0

At opening establishments

2,5262,4602,9302,1502,8060.70.60.80.60.7

Gross job losses

13,61813,86014,90514,64712,5503.63.64.03.93.3

At contracting establishments

11,06411,55611,97510,6479,4432.93.03.22.82.5

At closing establishments

2,5542,3042,9304,0003,1070.70.60.81.10.8

Net employment change (2)

2,140-837-2,819-1,8001,6790.6-0.2-0.8-0.50.4

Professional and business services

Gross job gains

58,73548,07448,69252,59656,5766.15.05.25.66.1

At expanding establishments

47,19137,51439,20542,95445,6194.93.94.24.64.9

At opening establishments

11,54410,5609,4879,64210,9571.21.11.01.01.2

Gross job losses

65,28061,19863,86256,76963,0146.86.56.86.16.7

At contracting establishments

56,09951,01851,52143,50753,4365.85.45.54.75.7

At closing establishments

9,18110,18012,34113,2629,5781.01.11.31.41.0

Net employment change (2)

-6,545-13,124-15,170-4,173-6,438-0.7-1.5-1.6-0.5-0.6

Education and health services

Gross job gains

42,80237,29833,80639,19143,2084.53.93.54.04.5

At expanding establishments

37,89833,16029,94935,20937,7034.03.53.13.63.9

At opening establishments

4,9044,1383,8573,9825,5050.50.40.40.40.6

Gross job losses

33,39834,74531,04428,84035,0003.53.63.23.03.6

At contracting establishments

29,38030,00326,01023,91929,9113.13.12.72.53.1

At closing establishments

4,0184,7425,0344,9215,0890.40.50.50.50.5

Net employment change (2)

9,4042,5532,76210,3518,2081.00.30.31.00.9

Leisure and hospitality

Gross job gains

50,54344,63646,81646,68848,2628.57.57.87.78.0

At expanding establishments

41,14036,26538,37538,20339,0746.96.16.46.36.5

At opening establishments

9,4038,3718,4418,4859,1881.61.41.41.41.5

Gross job losses

46,71851,34643,03343,15345,1467.98.77.27.17.5

At contracting establishments

40,38645,62137,00235,80238,3836.87.76.25.96.4

At closing establishments

6,3325,7256,0317,3516,7631.11.01.01.21.1

Net employment change (2)

3,825-6,7103,7833,5353,1160.6-1.20.60.60.5

Other services (3)

Gross job gains

13,93111,46712,10111,98213,3477.15.86.16.16.8

At expanding establishments

11,3498,4869,6789,64110,9895.84.34.94.95.6

At opening establishments

2,5822,9812,4232,3412,3581.31.51.21.21.2

Gross job losses

11,37312,53911,52311,97011,5965.86.35.86.15.9

At contracting establishments

8,68310,0968,8679,0018,6664.45.14.54.64.4

At closing establishments

2,6902,4432,6562,9692,9301.41.21.31.51.5

Net employment change (2)

2,558-1,072578121,7511.3-0.50.30.00.9

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)
June
2023
Sept.
2023
Dec.
2023
Mar.
2024
June
2024
June
2023
Sept.
2023
Dec.
2023
Mar.
2024
June
2024

United States(1)

6.25.96.05.75.85.96.05.75.45.9

Alabama

6.06.06.25.75.65.76.05.75.55.6

Alaska

11.08.510.210.510.28.910.59.98.69.6

Arizona

7.06.86.58.45.66.35.76.66.46.8

Arkansas

5.95.66.25.65.26.05.85.05.25.8

California

6.86.46.45.86.16.46.56.45.66.8

Colorado

7.35.48.26.46.56.56.17.67.76.2

Connecticut

6.45.85.65.65.85.76.25.75.25.6

Delaware

6.46.06.16.05.95.86.55.85.16.5

District of Columbia

5.45.45.25.15.15.35.45.64.96.0

Florida

6.86.56.15.86.05.95.95.95.45.9

Georgia

6.36.16.26.05.76.46.15.75.75.7

Hawaii

5.75.36.15.45.15.36.85.05.15.4

Idaho

7.87.28.57.97.57.47.95.88.37.4

Illinois

5.44.85.05.15.25.25.35.14.85.3

Indiana

5.65.75.55.35.25.85.75.15.05.5

Iowa

6.05.66.16.15.55.95.85.75.65.7

Kansas

6.15.75.85.75.86.06.05.35.65.7

Kentucky

5.65.75.75.75.25.95.65.25.05.9

Louisiana

6.06.26.36.25.76.56.05.85.76.3

Maine

7.67.07.47.27.37.67.87.06.17.0

Maryland

6.76.36.25.87.26.66.45.85.76.5

Massachusetts

5.95.45.55.25.75.65.95.55.15.6

Michigan

5.95.25.55.45.75.35.95.55.25.6

Minnesota

6.03.36.95.85.75.54.36.95.75.4

Mississippi

6.46.26.15.75.86.56.25.76.16.3

Missouri

5.85.66.05.75.65.95.85.65.35.8

Montana

7.87.78.88.17.98.48.47.27.57.6

Nebraska

6.26.05.95.85.45.75.95.75.15.6

Nevada

6.56.56.75.95.85.95.65.46.25.7

New Hampshire

6.75.86.26.56.16.36.75.95.86.0

New Jersey

6.46.05.95.55.96.06.05.85.45.4

New Mexico

6.66.46.96.06.06.36.85.86.06.3

New York

6.25.85.75.95.95.86.05.65.05.5

North Carolina

6.15.76.35.45.65.76.14.95.55.7

North Dakota

6.96.66.76.96.66.76.66.36.16.6

Ohio

5.65.25.45.55.25.65.65.24.85.4

Oklahoma

6.36.36.15.65.66.16.05.85.26.4

Oregon

6.46.16.26.46.06.66.76.26.16.4

Pennsylvania

5.25.25.25.14.95.55.14.84.65.1

Rhode Island

6.76.46.86.96.66.86.76.35.76.7

South Carolina

6.46.66.26.45.96.65.75.36.36.4

South Dakota

6.76.36.66.36.06.06.35.85.86.3

Tennessee

5.85.66.25.55.55.55.75.54.95.7

Texas

5.85.75.75.45.45.45.55.25.15.3

Utah

6.96.96.66.76.46.46.66.56.06.6

Vermont

7.46.47.37.26.67.57.96.66.37.5

Virginia

6.15.95.95.75.75.96.05.55.25.6

Washington

6.15.86.05.75.75.76.05.45.35.3

West Virginia

6.16.56.56.96.66.46.65.85.76.8

Wisconsin

5.65.25.55.55.35.85.85.24.85.5

Wyoming

8.48.38.98.48.28.78.28.48.39.0

Puerto Rico

5.95.74.95.45.65.05.34.84.64.9

Virgin Islands

7.58.26.05.64.36.56.85.94.55.1

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: Friday, February 14, 2025