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News Release Information

24-173-CHI
Wednesday, February 21, 2024

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

Business Employment Dynamics in Illinois — Second Quarter 2023

From March 2023 to June 2023, gross job gains from opening and expanding private-sector establishments in Illinois were 285,519, while gross job losses from closing and contracting private-sector establishments were 281,545, 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 gain of 3,974 jobs in the private sector during the second quarter of 2023. During the previous quarter, gross job gains exceeded gross job losses by 49,148. (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 Technical Note.)

Gross job gains

In the second quarter of 2023, gross job gains represented 5.4 percent of private-sector employment in Illinois; nationally, gross job gains accounted for 6.2 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 238,315 in the second quarter of 2023, a decrease of 23,933 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 47,204 jobs gained in the second quarter of 2023, an increase of 7,451 jobs from the previous quarter.


Gross job losses

In the second quarter of 2023, 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 238,394 jobs in the second quarter of 2023, an increase of 38,645 jobs from the prior quarter. Closing establishments lost 43,151 jobs, a decrease of 9,953 jobs from the previous quarter.


Industries

Gross job gains exceeded gross job losses in 6 of the 11 industry sectors in Illinois in the second quarter of 2023. Education and health services had the largest over-the-quarter net job increase, with a gain of 9,147 jobs. This was the result of 43,389 gross job gains and 34,242 gross job losses. The leisure and hospitality industry had a net gain of 2,256 jobs, followed by other services with a net gain of 2,069 jobs. Professional and business services showed a net loss of 6,992 jobs, the largest loss of any sector in the state. Illinois’s information industry sector had a net loss of 2,766 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 2023 are scheduled to be released on Wednesday, April 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, 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
2022
Sept.
2022
Dec.
2022
Mar.
2023
June
2023
June
2022
Sept.
2022
Dec.
2022
Mar.
2023
June
2023

Total private (1)

Gross job gains

302,381 302,420 277,741 302,001 285,519 5.9 5.8 5.4 5.8 5.4

At expanding establishments

251,187 253,387 230,747 262,248 238,315 4.9 4.9 4.5 5.0 4.5

At opening establishments

51,194 49,033 46,994 39,753 47,204 1.0 0.9 0.9 0.8 0.9

Gross job losses

285,133 273,485 265,645 252,853 281,545 5.5 5.3 5.1 4.8 5.3

At contracting establishments

238,875 233,104 224,658 199,749 238,394 4.6 4.5 4.3 3.8 4.5

At closing establishments

46,258 40,381 40,987 53,104 43,151 0.9 0.8 0.8 1.0 0.8

Net employment change (2)

17,248 28,935 12,096 49,148 3,974 0.4 0.5 0.3 1.0 0.1

Construction

Gross job gains

25,344 21,472 21,341 25,867 24,976 10.9 9.3 9.3 11.0 10.5

At expanding establishments

20,721 17,578 17,269 22,180 20,264 8.9 7.6 7.5 9.4 8.5

At opening establishments

4,623 3,894 4,072 3,687 4,712 2.0 1.7 1.8 1.6 2.0

Gross job losses

21,594 21,550 24,849 20,709 23,030 9.3 9.3 10.7 8.8 9.6

At contracting establishments

17,983 17,914 20,918 15,586 19,151 7.7 7.7 9.0 6.6 8.0

At closing establishments

3,611 3,636 3,931 5,123 3,879 1.6 1.6 1.7 2.2 1.6

Net employment change (2)

3,750 -78 -3,508 5,158 1,946 1.6 0.0 -1.4 2.2 0.9

Manufacturing

Gross job gains

18,711 19,227 18,945 19,009 17,730 3.2 3.3 3.3 3.3 3.1

At expanding establishments

16,714 17,252 16,511 16,789 15,562 2.9 3.0 2.9 2.9 2.7

At opening establishments

1,997 1,975 2,434 2,220 2,168 0.3 0.3 0.4 0.4 0.4

Gross job losses

17,350 17,302 15,753 15,970 19,596 3.0 3.1 2.7 2.8 3.4

At contracting establishments

15,013 15,228 13,909 13,289 16,786 2.6 2.7 2.4 2.3 2.9

At closing establishments

2,337 2,074 1,844 2,681 2,810 0.4 0.4 0.3 0.5 0.5

Net employment change (2)

1,361 1,925 3,192 3,039 -1,866 0.2 0.2 0.6 0.5 -0.3

Wholesale trade

Gross job gains

13,086 14,032 12,231 10,999 10,759 4.4 4.7 4.0 3.6 3.5

At expanding establishments

11,268 12,405 10,624 9,648 9,422 3.8 4.2 3.5 3.2 3.1

At opening establishments

1,818 1,627 1,607 1,351 1,337 0.6 0.5 0.5 0.4 0.4

Gross job losses

12,189 10,367 9,244 10,335 10,279 4.1 3.5 3.1 3.4 3.4

At contracting establishments

9,689 8,939 7,724 8,095 8,498 3.3 3.0 2.6 2.7 2.8

At closing establishments

2,500 1,428 1,520 2,240 1,781 0.8 0.5 0.5 0.7 0.6

Net employment change (2)

897 3,665 2,987 664 480 0.3 1.2 0.9 0.2 0.1

Retail trade

Gross job gains

31,288 30,163 26,251 33,426 28,316 5.4 5.2 4.6 5.8 4.9

At expanding establishments

27,907 26,545 23,301 30,373 25,081 4.8 4.6 4.1 5.3 4.3

At opening establishments

3,381 3,618 2,950 3,053 3,235 0.6 0.6 0.5 0.5 0.6

Gross job losses

35,801 34,335 30,290 24,290 29,646 6.2 6.0 5.3 4.2 5.1

At contracting establishments

32,436 31,629 27,234 20,782 26,582 5.6 5.5 4.8 3.6 4.6

At closing establishments

3,365 2,706 3,056 3,508 3,064 0.6 0.5 0.5 0.6 0.5

Net employment change (2)

-4,513 -4,172 -4,039 9,136 -1,330 -0.8 -0.8 -0.7 1.6 -0.2

Transportation and warehousing

Gross job gains

14,835 17,801 19,049 14,445 13,421 4.8 5.8 6.1 4.6 4.3

At expanding establishments

12,298 15,497 16,780 11,891 10,929 4.0 5.0 5.4 3.8 3.5

At opening establishments

2,537 2,304 2,269 2,554 2,492 0.8 0.8 0.7 0.8 0.8

Gross job losses

15,641 13,759 12,568 17,280 14,532 5.1 4.4 4.1 5.5 4.6

At contracting establishments

13,688 11,468 9,899 14,200 12,629 4.5 3.7 3.2 4.5 4.0

At closing establishments

1,953 2,291 2,669 3,080 1,903 0.6 0.7 0.9 1.0 0.6

Net employment change (2)

-806 4,042 6,481 -2,835 -1,111 -0.3 1.4 2.0 -0.9 -0.3

Information

Gross job gains

6,305 6,373 5,243 3,906 4,227 6.6 6.6 5.4 4.0 4.4

At expanding establishments

4,775 4,944 4,273 2,943 3,377 5.0 5.1 4.4 3.0 3.5

At opening establishments

1,530 1,429 970 963 850 1.6 1.5 1.0 1.0 0.9

Gross job losses

6,191 4,328 5,458 4,923 6,993 6.5 4.5 5.7 5.0 7.3

At contracting establishments

4,799 3,366 4,347 3,934 6,031 5.0 3.5 4.5 4.0 6.3

At closing establishments

1,392 962 1,111 989 962 1.5 1.0 1.2 1.0 1.0

Net employment change (2)

114 2,045 -215 -1,017 -2,766 0.1 2.1 -0.3 -1.0 -2.9

Financial activities

Gross job gains

16,629 17,622 15,424 14,217 15,726 4.4 4.7 4.0 3.7 4.2

At expanding establishments

13,316 14,369 11,890 11,480 13,209 3.5 3.8 3.1 3.0 3.5

At opening establishments

3,313 3,253 3,534 2,737 2,517 0.9 0.9 0.9 0.7 0.7

Gross job losses

17,380 14,406 15,156 14,440 13,877 4.6 3.8 4.0 3.8 3.6

At contracting establishments

14,098 11,872 12,408 10,288 11,036 3.7 3.1 3.3 2.7 2.9

At closing establishments

3,282 2,534 2,748 4,152 2,841 0.9 0.7 0.7 1.1 0.7

Net employment change (2)

-751 3,216 268 -223 1,849 -0.2 0.9 0.0 -0.1 0.6

Professional and business services

Gross job gains

64,298 63,553 54,129 58,687 59,421 6.6 6.5 5.5 6.1 6.2

At expanding establishments

51,062 50,039 42,990 50,180 47,877 5.2 5.1 4.4 5.2 5.0

At opening establishments

13,236 13,514 11,139 8,507 11,544 1.4 1.4 1.1 0.9 1.2

Gross job losses

67,665 63,529 65,170 58,424 66,413 6.9 6.5 6.7 6.0 6.9

At contracting establishments

55,975 51,994 54,383 45,666 56,244 5.7 5.3 5.6 4.7 5.8

At closing establishments

11,690 11,535 10,787 12,758 10,169 1.2 1.2 1.1 1.3 1.1

Net employment change (2)

-3,367 24 -11,041 263 -6,992 -0.3 0.0 -1.2 0.1 -0.7

Education and health services

Gross job gains

40,044 43,065 37,003 49,650 43,389 4.4 4.7 4.0 5.3 4.6

At expanding establishments

35,300 38,532 32,267 45,906 37,766 3.9 4.2 3.5 4.9 4.0

At opening establishments

4,744 4,533 4,736 3,744 5,623 0.5 0.5 0.5 0.4 0.6

Gross job losses

32,567 29,618 32,087 33,789 34,242 3.6 3.2 3.5 3.6 3.6

At contracting establishments

27,897 26,077 27,650 27,982 29,200 3.1 2.8 3.0 3.0 3.1

At closing establishments

4,670 3,541 4,437 5,807 5,042 0.5 0.4 0.5 0.6 0.5

Net employment change (2)

7,477 13,447 4,916 15,861 9,147 0.8 1.5 0.5 1.7 1.0

Leisure and hospitality

Gross job gains

54,379 50,722 50,161 54,890 50,304 9.6 9.0 8.7 9.3 8.5

At expanding establishments

44,543 41,902 40,996 47,083 40,959 7.9 7.4 7.1 8.0 6.9

At opening establishments

9,836 8,820 9,165 7,807 9,345 1.7 1.6 1.6 1.3 1.6

Gross job losses

43,144 49,324 41,457 37,781 48,048 7.7 8.7 7.2 6.4 8.1

At contracting establishments

35,268 43,017 35,184 29,287 40,985 6.3 7.6 6.1 5.0 6.9

At closing establishments

7,876 6,307 6,273 8,494 7,063 1.4 1.1 1.1 1.4 1.2

Net employment change (2)

11,235 1,398 8,704 17,109 2,256 1.9 0.3 1.5 2.9 0.4

Other services (3)

Gross job gains

13,799 14,800 13,457 12,919 13,716 7.3 7.8 7.0 6.6 7.0

At expanding establishments

10,732 11,575 10,390 10,729 11,228 5.7 6.1 5.4 5.5 5.7

At opening establishments

3,067 3,225 3,067 2,190 2,488 1.6 1.7 1.6 1.1 1.3

Gross job losses

12,037 11,876 11,008 11,620 11,647 6.4 6.2 5.7 6.1 5.9

At contracting establishments

8,994 9,222 8,693 8,229 8,601 4.8 4.8 4.5 4.3 4.4

At closing establishments

3,043 2,654 2,315 3,391 3,046 1.6 1.4 1.2 1.8 1.5

Net employment change (2)

1,762 2,924 2,449 1,299 2,069 0.9 1.6 1.3 0.5 1.1

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
2022
Sept.
2022
Dec.
2022
Mar.
2023
June
2023
June
2022
Sept.
2022
Dec.
2022
Mar.
2023
June
2023

United States(1)

6.6 6.9 6.3 6.2 6.2 6.2 5.9 5.9 5.4 5.9

Alabama

6.6 6.9 6.6 6.4 5.9 6.2 5.9 6.1 5.5 5.7

Alaska

10.2 8.5 10.9 10.4 11.0 9.0 10.4 9.2 8.0 8.9

Arizona

6.5 7.1 6.6 5.9 7.0 6.3 5.5 6.0 5.4 6.5

Arkansas

6.1 6.5 6.2 5.8 5.8 5.5 5.2 5.2 5.0 6.0

California

6.8 6.8 6.6 6.1 6.7 6.7 6.2 6.6 6.4 6.4

Colorado

7.3 7.0 7.6 7.2 7.3 6.6 7.1 6.9 6.5 6.6

Connecticut

6.4 6.3 5.9 6.1 6.4 6.3 6.2 5.9 5.3 5.7

Delaware

6.5 8.6 7.0 6.7 6.0 6.9 6.2 7.5 5.2 5.7

District of Columbia

6.1 7.2 5.6 5.9 5.4 6.3 5.0 5.5 4.8 5.3

Florida

7.5 7.8 6.2 6.3 6.8 6.3 5.6 6.0 5.6 5.8

Georgia

6.8 7.1 6.7 6.2 6.4 6.2 5.9 5.9 5.8 6.5

Hawaii

6.0 6.4 6.0 5.5 5.7 5.5 4.9 4.9 5.0 5.2

Idaho

7.1 7.8 8.4 7.9 7.9 8.4 7.5 6.9 7.5 7.5

Illinois

5.9 5.8 5.4 5.8 5.4 5.5 5.3 5.1 4.8 5.3

Indiana

5.7 6.4 5.7 5.5 5.5 5.9 5.5 5.2 5.0 6.1

Iowa

5.9 5.9 6.4 6.0 6.0 6.2 5.9 6.2 5.4 5.9

Kansas

6.5 7.4 6.3 6.1 6.1 7.1 5.5 5.6 5.4 6.0

Kentucky

6.3 6.6 6.0 6.1 5.6 6.5 5.4 5.3 4.9 5.9

Louisiana

6.7 6.9 6.1 6.3 6.1 6.4 5.7 6.2 5.6 6.4

Maine

7.2 7.6 7.4 7.7 7.6 8.0 7.3 6.8 6.2 7.6

Maryland

6.5 7.4 6.6 6.8 6.7 6.9 6.0 6.9 5.6 6.3

Massachusetts

6.1 6.2 5.5 5.8 5.9 5.5 6.1 5.8 4.7 5.7

Michigan

6.0 5.7 5.9 5.7 5.9 5.9 5.8 5.2 4.9 5.3

Minnesota

6.4 6.5 5.9 5.7 6.0 6.4 5.9 5.8 4.9 5.6

Mississippi

6.6 7.2 6.8 6.1 6.3 6.7 6.3 6.2 5.7 6.6

Missouri

6.2 6.8 6.1 6.5 5.9 5.9 6.3 5.8 5.1 5.9

Montana

8.2 8.7 9.2 8.7 7.8 9.1 7.8 7.8 7.1 8.4

Nebraska

6.4 7.1 6.0 6.3 6.0 6.5 6.1 5.7 5.1 5.6

Nevada

6.9 7.4 6.4 6.2 6.6 5.7 5.8 6.1 5.7 6.0

New Hampshire

6.7 6.9 6.7 7.0 6.7 6.7 6.7 6.0 5.9 6.3

New Jersey

6.6 6.8 6.8 6.1 6.8 6.2 6.4 5.9 5.7 5.9

New Mexico

6.7 8.0 6.7 6.8 6.4 7.1 5.9 6.2 5.9 6.2

New York

7.1 6.6 5.9 6.5 6.3 6.1 5.9 6.0 5.1 5.7

North Carolina

6.4 6.7 6.6 6.4 6.1 6.1 5.8 5.7 5.3 5.7

North Dakota

6.9 7.6 6.4 7.6 6.9 6.5 6.3 6.7 5.6 6.7

Ohio

5.9 5.8 5.9 5.8 5.6 5.9 5.5 5.7 4.9 5.7

Oklahoma

6.7 7.4 6.6 6.3 6.2 6.1 5.6 5.9 5.3 6.0

Oregon

6.0 6.7 6.5 7.3 6.4 7.0 6.0 6.2 6.1 6.9

Pennsylvania

5.5 6.1 5.5 5.5 5.2 5.6 5.1 5.2 4.6 5.5

Rhode Island

7.1 6.7 6.9 7.5 6.7 6.7 7.3 6.4 5.9 7.0

South Carolina

6.6 7.3 6.9 6.8 6.4 6.2 5.6 6.2 5.8 6.8

South Dakota

6.6 7.3 6.5 7.2 6.8 6.5 6.4 6.5 5.9 6.2

Tennessee

6.2 7.0 5.8 5.9 5.9 6.2 5.5 5.6 5.0 5.5

Texas

6.6 7.2 6.2 5.9 5.8 5.8 5.3 5.3 5.0 5.4

Utah

7.0 7.5 6.9 7.0 6.8 6.6 6.8 6.6 6.2 6.2

Vermont

7.5 7.2 7.8 8.2 7.4 7.6 7.8 7.0 6.0 7.5

Virginia

6.5 7.5 6.2 6.2 6.0 6.7 6.1 5.8 5.2 5.8

Washington

7.0 7.2 5.9 6.4 6.0 7.2 6.3 5.3 5.5 5.6

West Virginia

6.7 8.1 6.6 7.1 6.1 8.0 6.9 6.4 5.3 6.1

Wisconsin

6.0 6.0 6.0 6.0 5.6 6.0 5.8 5.5 4.9 5.9

Wyoming

8.4 9.2 9.2 8.9 8.4 9.2 8.4 7.9 7.8 8.7

Puerto Rico

6.7 6.2 6.6 5.1 5.8 6.1 5.3 6.1 5.7 4.9

Virgin Islands

8.0 8.5 5.9 7.5 7.4 9.2 5.5 4.7 6.5 6.8

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: Wednesday, February 21, 2024