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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
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

284,509 250,297 257,689 265,871 272,769 5.4 4.8 5.0 5.1 5.2

At expanding establishments

238,066 207,859 216,832 224,640 227,063 4.5 4.0 4.2 4.3 4.3

At opening establishments

46,443 42,438 40,857 41,231 45,706 0.9 0.8 0.8 0.8 0.9

Gross job losses

275,623 282,780 264,465 254,116 273,224 5.2 5.3 5.1 4.8 5.3

At contracting establishments

237,306 243,602 218,665 204,412 228,410 4.5 4.6 4.2 3.9 4.4

At closing establishments

38,317 39,178 45,800 49,704 44,814 0.7 0.7 0.9 0.9 0.9

Net employment change (2)

8,886 -32,483 -6,776 11,755 -455 0.2 -0.5 -0.1 0.3 -0.1

Construction

Gross job gains

25,099 20,890 21,011 25,796 22,993 10.5 8.9 8.9 10.7 9.6

At expanding establishments

20,295 17,092 17,382 21,688 18,728 8.5 7.3 7.4 9.0 7.8

At opening establishments

4,804 3,798 3,629 4,108 4,265 2.0 1.6 1.5 1.7 1.8

Gross job losses

22,780 23,681 24,344 21,218 22,951 9.5 10.1 10.4 8.8 9.6

At contracting establishments

19,435 19,917 20,113 16,650 18,703 8.1 8.5 8.6 6.9 7.8

At closing establishments

3,345 3,764 4,231 4,568 4,248 1.4 1.6 1.8 1.9 1.8

Net employment change (2)

2,319 -2,791 -3,333 4,578 42 1.0 -1.2 -1.5 1.9 0.0

Manufacturing

Gross job gains

17,489 17,410 18,261 18,007 16,508 3.0 3.0 3.2 3.1 2.8

At expanding establishments

15,662 15,568 16,648 16,184 14,608 2.7 2.7 2.9 2.8 2.5

At opening establishments

1,827 1,842 1,613 1,823 1,900 0.3 0.3 0.3 0.3 0.3

Gross job losses

19,194 17,946 16,324 16,029 19,019 3.3 3.1 2.8 2.7 3.3

At contracting establishments

16,543 16,666 13,867 13,579 16,936 2.8 2.9 2.4 2.3 2.9

At closing establishments

2,651 1,280 2,457 2,450 2,083 0.5 0.2 0.4 0.4 0.4

Net employment change (2)

-1,705 -536 1,937 1,978 -2,511 -0.3 -0.1 0.4 0.4 -0.5

Wholesale trade

Gross job gains

10,801 10,301 10,598 11,026 9,832 3.6 3.4 3.5 3.6 3.3

At expanding establishments

9,432 8,726 9,194 9,409 8,760 3.1 2.9 3.0 3.1 2.9

At opening establishments

1,369 1,575 1,404 1,617 1,072 0.5 0.5 0.5 0.5 0.4

Gross job losses

10,019 9,879 9,537 10,412 12,161 3.3 3.3 3.1 3.4 4.0

At contracting establishments

8,503 8,411 7,694 8,274 8,895 2.8 2.8 2.5 2.7 2.9

At closing establishments

1,516 1,468 1,843 2,138 3,266 0.5 0.5 0.6 0.7 1.1

Net employment change (2)

782 422 1,061 614 -2,329 0.3 0.1 0.4 0.2 -0.7

Retail trade

Gross job gains

28,331 27,657 25,236 28,451 27,529 4.9 4.8 4.5 5.0 4.8

At expanding establishments

25,049 24,422 22,082 25,432 24,210 4.3 4.2 3.9 4.5 4.2

At opening establishments

3,282 3,235 3,154 3,019 3,319 0.6 0.6 0.6 0.5 0.6

Gross job losses

29,462 32,398 29,039 24,362 28,116 5.1 5.6 5.1 4.3 4.8

At contracting establishments

26,648 28,886 25,618 21,007 24,428 4.6 5.0 4.5 3.7 4.2

At closing establishments

2,814 3,512 3,421 3,355 3,688 0.5 0.6 0.6 0.6 0.6

Net employment change (2)

-1,131 -4,741 -3,803 4,089 -587 -0.2 -0.8 -0.6 0.7 0.0

Transportation and warehousing

Gross job gains

13,455 12,984 20,217 10,778 13,292 4.3 4.1 6.5 3.5 4.3

At expanding establishments

10,921 11,022 17,864 9,033 10,791 3.5 3.5 5.7 2.9 3.5

At opening establishments

2,534 1,962 2,353 1,745 2,501 0.8 0.6 0.8 0.6 0.8

Gross job losses

14,076 15,798 13,412 18,847 14,351 4.5 5.1 4.2 6.0 4.6

At contracting establishments

12,267 13,731 10,128 16,001 12,230 3.9 4.4 3.2 5.1 3.9

At closing establishments

1,809 2,067 3,284 2,846 2,121 0.6 0.7 1.0 0.9 0.7

Net employment change (2)

-621 -2,814 6,805 -8,069 -1,059 -0.2 -1.0 2.3 -2.5 -0.3

Information

Gross job gains

4,227 3,612 4,763 4,538 3,732 4.4 3.9 5.2 4.9 4.1

At expanding establishments

3,372 2,859 3,982 3,238 2,896 3.5 3.1 4.3 3.5 3.2

At opening establishments

855 753 781 1,300 836 0.9 0.8 0.9 1.4 0.9

Gross job losses

6,603 6,169 5,014 4,529 5,183 6.9 6.6 5.4 4.9 5.7

At contracting establishments

5,667 5,131 3,901 3,388 4,022 5.9 5.5 4.2 3.7 4.4

At closing establishments

936 1,038 1,113 1,141 1,161 1.0 1.1 1.2 1.2 1.3

Net employment change (2)

-2,376 -2,557 -251 9 -1,451 -2.5 -2.7 -0.2 0.0 -1.6

Financial activities

Gross job gains

15,758 13,023 12,086 12,847 14,229 4.2 3.4 3.2 3.4 3.7

At expanding establishments

13,232 10,563 9,156 10,697 11,423 3.5 2.8 2.4 2.8 3.0

At opening establishments

2,526 2,460 2,930 2,150 2,806 0.7 0.6 0.8 0.6 0.7

Gross job losses

13,618 13,860 14,905 14,647 12,550 3.6 3.6 4.0 3.9 3.3

At contracting establishments

11,064 11,556 11,975 10,647 9,443 2.9 3.0 3.2 2.8 2.5

At closing establishments

2,554 2,304 2,930 4,000 3,107 0.7 0.6 0.8 1.1 0.8

Net employment change (2)

2,140 -837 -2,819 -1,800 1,679 0.6 -0.2 -0.8 -0.5 0.4

Professional and business services

Gross job gains

58,735 48,074 48,692 52,596 56,576 6.1 5.0 5.2 5.6 6.1

At expanding establishments

47,191 37,514 39,205 42,954 45,619 4.9 3.9 4.2 4.6 4.9

At opening establishments

11,544 10,560 9,487 9,642 10,957 1.2 1.1 1.0 1.0 1.2

Gross job losses

65,280 61,198 63,862 56,769 63,014 6.8 6.5 6.8 6.1 6.7

At contracting establishments

56,099 51,018 51,521 43,507 53,436 5.8 5.4 5.5 4.7 5.7

At closing establishments

9,181 10,180 12,341 13,262 9,578 1.0 1.1 1.3 1.4 1.0

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

42,802 37,298 33,806 39,191 43,208 4.5 3.9 3.5 4.0 4.5

At expanding establishments

37,898 33,160 29,949 35,209 37,703 4.0 3.5 3.1 3.6 3.9

At opening establishments

4,904 4,138 3,857 3,982 5,505 0.5 0.4 0.4 0.4 0.6

Gross job losses

33,398 34,745 31,044 28,840 35,000 3.5 3.6 3.2 3.0 3.6

At contracting establishments

29,380 30,003 26,010 23,919 29,911 3.1 3.1 2.7 2.5 3.1

At closing establishments

4,018 4,742 5,034 4,921 5,089 0.4 0.5 0.5 0.5 0.5

Net employment change (2)

9,404 2,553 2,762 10,351 8,208 1.0 0.3 0.3 1.0 0.9

Leisure and hospitality

Gross job gains

50,543 44,636 46,816 46,688 48,262 8.5 7.5 7.8 7.7 8.0

At expanding establishments

41,140 36,265 38,375 38,203 39,074 6.9 6.1 6.4 6.3 6.5

At opening establishments

9,403 8,371 8,441 8,485 9,188 1.6 1.4 1.4 1.4 1.5

Gross job losses

46,718 51,346 43,033 43,153 45,146 7.9 8.7 7.2 7.1 7.5

At contracting establishments

40,386 45,621 37,002 35,802 38,383 6.8 7.7 6.2 5.9 6.4

At closing establishments

6,332 5,725 6,031 7,351 6,763 1.1 1.0 1.0 1.2 1.1

Net employment change (2)

3,825 -6,710 3,783 3,535 3,116 0.6 -1.2 0.6 0.6 0.5

Other services (3)

Gross job gains

13,931 11,467 12,101 11,982 13,347 7.1 5.8 6.1 6.1 6.8

At expanding establishments

11,349 8,486 9,678 9,641 10,989 5.8 4.3 4.9 4.9 5.6

At opening establishments

2,582 2,981 2,423 2,341 2,358 1.3 1.5 1.2 1.2 1.2

Gross job losses

11,373 12,539 11,523 11,970 11,596 5.8 6.3 5.8 6.1 5.9

At contracting establishments

8,683 10,096 8,867 9,001 8,666 4.4 5.1 4.5 4.6 4.4

At closing establishments

2,690 2,443 2,656 2,969 2,930 1.4 1.2 1.3 1.5 1.5

Net employment change (2)

2,558 -1,072 578 12 1,751 1.3 -0.5 0.3 0.0 0.9

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
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.

 

Last Modified Date: Friday, February 14, 2025