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News Release Information

23-858-CHI
Thursday, May 18, 2023

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

Business Employment Dynamics in Indiana — Third Quarter 2022

From June 2022 to September 2022, gross job gains from opening and expanding private-sector establishments in Indiana were 176,553, while gross job losses from closing and contracting private-sector establishments were 151,514, 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 25,039 jobs in the private sector during the third quarter of 2022. During the previous quarter, gross job losses exceeded gross job gains by 33,585. (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 third quarter of 2022, gross job gains represented 6.4 percent of private-sector employment in Indiana; nationally, gross job gains accounted for 6.8 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 Indiana, gross job gains at expanding establishments totaled 143,015 in the third quarter of 2022, an increase of 17,269 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 33,538 jobs gained in the third quarter of 2022, an increase of 7,697 jobs from the previous quarter.


In the third quarter of 2022, gross job losses represented 5.5 percent of private-sector employment in Indiana; nationally, gross job losses accounted for 5.8 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 Indiana, contracting establishments lost 129,056 jobs in the third quarter of 2022, a decrease of 1,864 jobs from the prior quarter. Closing establishments lost 22,458 jobs, a decrease of 31,794 jobs from the previous quarter.


Gross job gains exceeded gross job losses in 10 of the 11 industry sectors in Indiana in the third quarter of 2022. Education and health services had the largest over-the-quarter net job increase, with a gain of 6,774 jobs. This was the result of 23,753 gross job gains and 16,979 gross job losses. Professional and business services had a net gain of 5,398 jobs. Retail trade had a net loss of 502 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 www.bls.gov/bdm/.

The Business Employment Dynamics for Fourth Quarter 2022 are scheduled to be released on Wednesday, July 26, 2023.


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. Most employers in the U.S. are required to file quarterly reports on the employment and wages of workers covered by unemployment insurance (UI) laws, and to pay quarterly UI taxes. The QCEW is based largely on quarterly UI reports which are sent by businesses to the State Workforce Agencies (SWAs). These UI reports are supplemented by two additional BLS data collections to render administrative data into economic statistics. Together these data comprise the QCEW and form the basis of the Bureau’s establishment universe sampling frame.

In the BED program, the QCEW records are linked across quarters to provide a longitudinal history for each establishment. The linkage process allows the tracking of net employment changes at the establishment level, which in turn allows the estimation of jobs gained at opening and expanding units and jobs lost at closing and contracting units.

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all businesses in the economy. BED statistics track these changes in employment at private business establishments from the third month of one quarter to the third month of the next. Gross job gains are the sum of increases in employment from expansions at existing establishments and the addition of new jobs at opening establishments. Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. The difference between the number of gross jobs gained and the number of gross jobs lost is the net change in employment.

Gross job gains and gross job losses are expressed as rates by dividing their levels by the average of employment in the current and previous quarters. The rates are calculated for the components of gross job gains and gross job losses and then summed to form their respective totals. These rates can be added and subtracted just as their levels can. For instance, the difference between the gross job gains rate and the gross job losses rate is the net growth rate.

The formal definitions of employment changes are as follows:

Openings. These are either units with positive third month employment for the first time in the current quarter, with no links to the prior quarter, or with positive third month employment in the current quarter following zero employment in the previous quarter.

Expansions. These are units with positive employment in the third month in both the previous and current quarters, with a net increase in employment over this period.

Closings. These are units with positive third month employment in the previous quarter and either not reported, or reported with zero employment, in the current quarter.

Contractions. These are units with positive employment in the third month in both the previous and current quarters, with a net decrease in employment over this period.

The full Technical Note for the Business Employment Dynamics program, which includes information on coverage, concepts, and methodology, can be found in the current quarterly news release online at www.bls.gov/news.release/cewbd.htm.

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, Indiana, seasonally adjusted
Category Gross job gains and losses
(3 months ended)
Gross job gains and losses
as a percent of employment
(3 months ended)
Sept.
2021
Dec.
2021
Mar.
2022
June
2022
Sept.
2022
Sept.
2021
Dec.
2021
Mar.
2022
June
2022
Sept.
2022

Total private (1)

Gross job gains

165,974 195,577 164,473 151,587 176,553 6.3 7.3 6.0 5.6 6.4

At expanding establishments

138,867 162,882 141,895 125,746 143,015 5.3 6.1 5.2 4.6 5.2

At opening establishments

27,107 32,695 22,578 25,841 33,538 1.0 1.2 0.8 1.0 1.2

Gross job losses

150,106 127,405 129,843 185,172 151,514 5.7 4.7 4.8 6.8 5.5

At contracting establishments

123,263 107,567 108,614 130,920 129,056 4.7 4.0 4.0 4.8 4.7

At closing establishments

26,843 19,838 21,229 54,252 22,458 1.0 0.7 0.8 2.0 0.8

Net employment change (2)

15,868 68,172 34,630 -33,585 25,039 0.6 2.6 1.2 -1.2 0.9

Construction

Gross job gains

13,729 14,061 12,487 12,599 13,607 9.2 9.2 8.0 8.1 8.7

At expanding establishments

11,492 11,721 10,479 10,858 10,170 7.7 7.7 6.7 7.0 6.5

At opening establishments

2,237 2,340 2,008 1,741 3,437 1.5 1.5 1.3 1.1 2.2

Gross job losses

11,361 11,019 11,919 12,458 11,151 7.7 7.2 7.7 8.0 7.2

At contracting establishments

9,333 9,280 9,950 7,627 9,567 6.3 6.1 6.4 4.9 6.2

At closing establishments

2,028 1,739 1,969 4,831 1,584 1.4 1.1 1.3 3.1 1.0

Net employment change (2)

2,368 3,042 568 141 2,456 1.5 2.0 0.3 0.1 1.5

Manufacturing

Gross job gains

18,618 22,719 18,221 15,616 21,033 3.6 4.3 3.4 2.9 3.9

At expanding establishments

17,025 21,477 17,261 14,355 18,473 3.3 4.1 3.2 2.7 3.4

At opening establishments

1,593 1,242 960 1,261 2,560 0.3 0.2 0.2 0.2 0.5

Gross job losses

16,047 11,595 12,214 19,236 17,648 3.1 2.2 2.3 3.6 3.3

At contracting establishments

14,686 10,407 11,260 15,074 16,126 2.8 2.0 2.1 2.8 3.0

At closing establishments

1,361 1,188 954 4,162 1,522 0.3 0.2 0.2 0.8 0.3

Net employment change (2)

2,571 11,124 6,007 -3,620 3,385 0.5 2.1 1.1 -0.7 0.6

Wholesale trade

Gross job gains

6,475 8,223 6,873 6,402 8,520 5.3 6.6 5.4 5.0 6.6

At expanding establishments

5,235 5,959 5,504 5,198 6,553 4.3 4.8 4.3 4.1 5.1

At opening establishments

1,240 2,264 1,369 1,204 1,967 1.0 1.8 1.1 0.9 1.5

Gross job losses

5,841 4,598 5,358 7,711 5,561 4.9 3.7 4.2 6.1 4.3

At contracting establishments

4,072 3,569 4,323 4,516 4,292 3.4 2.9 3.4 3.6 3.3

At closing establishments

1,769 1,029 1,035 3,195 1,269 1.5 0.8 0.8 2.5 1.0

Net employment change (2)

634 3,625 1,515 -1,309 2,959 0.4 2.9 1.2 -1.1 2.3

Retail trade

Gross job gains

17,543 19,554 21,767 15,628 18,353 5.6 6.3 6.8 4.9 5.9

At expanding establishments

15,402 17,193 20,088 13,326 16,225 4.9 5.5 6.3 4.2 5.2

At opening establishments

2,141 2,361 1,679 2,302 2,128 0.7 0.8 0.5 0.7 0.7

Gross job losses

20,673 16,179 13,487 25,235 18,855 6.6 5.2 4.2 8.0 6.0

At contracting establishments

18,520 14,595 12,064 21,240 17,215 5.9 4.7 3.8 6.7 5.5

At closing establishments

2,153 1,584 1,423 3,995 1,640 0.7 0.5 0.4 1.3 0.5

Net employment change (2)

-3,130 3,375 8,280 -9,607 -502 -1.0 1.1 2.6 -3.1 -0.1

Transportation and warehousing

Gross job gains

9,448 15,939 9,920 7,676 8,133 6.3 10.1 6.0 4.7 5.0

At expanding establishments

8,605 13,854 8,861 6,703 6,847 5.7 8.8 5.4 4.1 4.2

At opening establishments

843 2,085 1,059 973 1,286 0.6 1.3 0.6 0.6 0.8

Gross job losses

6,876 6,000 8,225 9,314 8,103 4.6 3.8 5.0 5.7 5.0

At contracting establishments

5,860 5,248 7,546 7,191 7,150 3.9 3.3 4.6 4.4 4.4

At closing establishments

1,016 752 679 2,123 953 0.7 0.5 0.4 1.3 0.6

Net employment change (2)

2,572 9,939 1,695 -1,638 30 1.7 6.3 1.0 -1.0 0.0

Information

Gross job gains

2,270 1,990 1,484 1,495 1,984 8.7 7.5 5.6 5.6 7.4

At expanding establishments

1,903 1,279 1,219 1,229 1,573 7.3 4.8 4.6 4.6 5.9

At opening establishments

367 711 265 266 411 1.4 2.7 1.0 1.0 1.5

Gross job losses

1,609 1,478 1,305 2,019 1,720 6.2 5.6 4.9 7.6 6.5

At contracting establishments

1,048 1,261 1,006 1,228 1,434 4.0 4.8 3.8 4.6 5.4

At closing establishments

561 217 299 791 286 2.2 0.8 1.1 3.0 1.1

Net employment change (2)

661 512 179 -524 264 2.5 1.9 0.7 -2.0 0.9

Financial activities

Gross job gains

7,900 8,961 7,243 7,370 8,355 5.8 6.6 5.3 5.4 6.0

At expanding establishments

5,993 6,411 5,861 5,485 6,368 4.4 4.7 4.3 4.0 4.6

At opening establishments

1,907 2,550 1,382 1,885 1,987 1.4 1.9 1.0 1.4 1.4

Gross job losses

6,993 6,208 6,745 8,998 6,472 5.2 4.5 4.9 6.6 4.6

At contracting establishments

4,672 4,366 4,956 5,485 4,745 3.5 3.2 3.6 4.0 3.4

At closing establishments

2,321 1,842 1,789 3,513 1,727 1.7 1.3 1.3 2.6 1.2

Net employment change (2)

907 2,753 498 -1,628 1,883 0.6 2.1 0.4 -1.2 1.4

Professional and business services

Gross job gains

32,257 38,562 28,030 28,593 34,729 9.3 10.9 7.6 7.9 9.4

At expanding establishments

25,931 31,516 22,373 22,143 26,583 7.5 8.9 6.1 6.1 7.2

At opening establishments

6,326 7,046 5,657 6,450 8,146 1.8 2.0 1.5 1.8 2.2

Gross job losses

28,577 21,879 25,241 34,767 29,331 8.3 6.2 7.0 9.6 8.0

At contracting establishments

22,296 17,735 20,277 24,717 24,554 6.5 5.0 5.6 6.8 6.7

At closing establishments

6,281 4,144 4,964 10,050 4,777 1.8 1.2 1.4 2.8 1.3

Net employment change (2)

3,680 16,683 2,789 -6,174 5,398 1.0 4.7 0.6 -1.7 1.4

Education and health services

Gross job gains

17,276 22,313 21,072 20,793 23,753 3.8 4.9 4.6 4.5 5.1

At expanding establishments

14,508 18,226 18,940 18,485 19,825 3.2 4.0 4.1 4.0 4.3

At opening establishments

2,768 4,087 2,132 2,308 3,928 0.6 0.9 0.5 0.5 0.8

Gross job losses

20,412 18,633 15,951 23,800 16,979 4.5 4.1 3.5 5.2 3.6

At contracting establishments

16,845 16,419 13,358 15,717 14,585 3.7 3.6 2.9 3.4 3.1

At closing establishments

3,567 2,214 2,593 8,083 2,394 0.8 0.5 0.6 1.8 0.5

Net employment change (2)

-3,136 3,680 5,121 -3,007 6,774 -0.7 0.8 1.1 -0.7 1.5

Leisure and hospitality

Gross job gains

32,100 32,194 28,626 26,314 28,782 11.3 10.9 9.6 8.8 9.5

At expanding establishments

25,923 26,483 24,247 20,955 22,666 9.1 9.0 8.1 7.0 7.5

At opening establishments

6,177 5,711 4,379 5,359 6,116 2.2 1.9 1.5 1.8 2.0

Gross job losses

23,818 22,680 21,795 32,153 27,007 8.4 7.7 7.3 10.7 8.9

At contracting establishments

20,142 19,077 17,932 22,032 22,578 7.1 6.5 6.0 7.3 7.4

At closing establishments

3,676 3,603 3,863 10,121 4,429 1.3 1.2 1.3 3.4 1.5

Net employment change (2)

8,282 9,514 6,831 -5,839 1,775 2.9 3.2 2.3 -1.9 0.6

Other services (3)

Gross job gains

6,345 7,896 6,162 6,527 7,021 7.7 9.4 7.2 7.6 8.1

At expanding establishments

5,138 6,046 4,981 5,228 5,906 6.2 7.2 5.8 6.1 6.8

At opening establishments

1,207 1,850 1,181 1,299 1,115 1.5 2.2 1.4 1.5 1.3

Gross job losses

5,903 5,101 5,487 6,724 6,143 7.2 6.1 6.4 7.8 7.1

At contracting establishments

4,271 3,870 4,213 3,968 4,956 5.2 4.6 4.9 4.6 5.7

At closing establishments

1,632 1,231 1,274 2,756 1,187 2.0 1.5 1.5 3.2 1.4

Net employment change (2)

442 2,795 675 -197 878 0.5 3.3 0.8 -0.2 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
Category Gross job gains as a percent of employment
(3 months ended)
Gross job losses as a percent of employment
(3 months ended)
Sept.
2021
Dec.
2021
Mar.
2022
June
2022
Sept.
2022
Sept.
2021
Dec.
2021
Mar.
2022
June
2022
Sept.
2022

United States(1)

7.3 7.7 6.6 6.4 6.8 6.1 5.4 5.4 6.7 5.8

Alabama

6.7 7.6 6.2 6.6 7.1 6.3 5.2 6.0 7.0 6.2

Alaska

10.5 11.8 10.1 10.1 8.6 9.7 8.7 9.3 9.6 10.3

Arizona

7.1 6.8 6.8 6.7 7.9 5.1 5.0 5.7 7.3 5.5

Arkansas

6.8 7.8 5.9 5.6 6.4 6.7 4.8 5.4 6.0 5.5

California

7.8 8.5 7.4 6.6 6.7 6.1 5.5 5.6 7.2 6.1

Colorado

8.0 7.6 7.5 7.3 5.0 7.0 6.1 6.3 6.7 5.8

Connecticut

6.9 6.9 6.3 6.3 6.3 6.0 5.3 5.3 6.5 6.2

Delaware

7.6 8.2 7.3 6.5 8.6 7.2 6.0 5.6 8.2 6.1

District of Columbia

7.9 7.3 6.0 6.0 7.2 4.9 4.9 4.9 6.8 4.8

Florida

9.0 7.7 6.5 7.5 7.8 6.0 6.0 5.7 6.9 5.5

Georgia

7.5 7.9 6.8 6.6 7.0 6.2 5.5 5.7 6.7 6.0

Hawaii

7.3 7.1 6.1 5.9 6.2 6.3 5.1 5.1 5.9 4.8

Idaho

7.7 8.5 8.5 7.1 8.5 7.3 6.3 6.2 9.1 7.5

Illinois

6.6 7.5 6.2 5.9 6.0 6.0 4.9 5.0 5.9 5.3

Indiana

6.3 7.3 6.0 5.6 6.4 5.7 4.7 4.8 6.8 5.5

Iowa

6.2 6.6 6.5 5.8 5.8 6.1 5.4 5.3 6.7 6.0

Kansas

6.6 7.6 6.2 6.5 7.6 6.5 5.3 5.4 7.5 5.6

Kentucky

6.7 7.4 6.6 6.3 6.7 6.4 4.9 5.0 8.7 5.4

Louisiana

6.9 9.6 6.5 6.6 7.3 8.5 5.8 7.1 7.3 5.7

Maine

7.8 8.2 8.0 17.7 7.4 7.8 6.9 6.1 8.1 7.4

Maryland

7.5 7.3 6.6 6.7 7.5 6.4 5.3 5.9 8.1 6.0

Massachusetts

7.2 7.0 6.6 6.1 6.2 5.8 5.7 5.1 5.4 6.1

Michigan

6.5 7.5 6.3 6.0 5.7 5.9 5.2 5.1 6.5 5.9

Minnesota

6.4 7.3 6.0 6.6 6.8 6.7 5.2 5.4 7.1 6.0

Mississippi

7.6 7.9 6.1 6.5 7.2 6.1 5.7 6.0 7.0 6.3

Missouri

6.7 7.4 6.5 6.3 6.8 6.1 5.5 5.4 5.9 6.3

Montana

8.5 9.9 9.3 8.2 8.5 8.3 7.2 8.5 9.4 7.7

Nebraska

6.3 7.0 6.8 6.0 6.9 6.5 5.8 5.9 6.6 6.2

Nevada

8.9 8.3 6.8 6.9 7.6 5.7 4.8 5.2 6.7 5.7

New Hampshire

7.0 7.6 7.7 6.6 6.9 6.8 6.4 5.4 7.9 6.7

New Jersey

7.5 8.7 7.1 6.5 6.8 6.1 5.4 5.5 6.3 6.3

New Mexico

8.2 8.2 7.4 6.5 7.7 6.5 6.3 6.2 7.1 5.9

New York

7.5 7.7 6.7 7.1 6.7 5.9 5.4 5.2 6.6 6.0

North Carolina

6.8 8.1 6.5 6.3 6.6 6.4 5.0 5.3 6.2 5.9

North Dakota

7.5 7.6 7.5 6.8 7.6 6.7 6.5 6.5 6.7 6.4

Ohio

6.1 7.0 6.1 5.7 5.8 6.0 5.2 4.8 6.3 5.6

Oklahoma

7.1 7.6 6.3 6.4 7.1 6.6 5.9 5.7 6.2 5.5

Oregon

7.1 7.8 7.5 6.1 6.7 6.5 6.1 5.7 7.1 8.6

Pennsylvania

6.3 6.8 6.3 5.5 6.1 5.0 4.8 4.9 5.6 5.2

Rhode Island

7.6 8.5 7.9 7.0 6.7 7.1 6.6 5.7 7.3 7.4

South Carolina

7.3 7.9 6.9 6.4 7.3 6.0 5.3 6.2 6.9 5.6

South Dakota

6.6 7.2 7.7 6.6 7.3 6.4 5.9 6.1 6.8 6.4

Tennessee

6.9 7.3 6.6 6.3 7.0 5.4 5.6 4.7 6.4 5.4

Texas

7.1 7.7 6.3 6.5 7.4 5.5 4.8 5.4 6.1 5.2

Utah

7.4 7.5 7.8 7.0 7.9 7.0 6.0 5.9 6.8 6.7

Vermont

8.0 8.1 8.0 7.3 7.2 7.7 6.9 6.3 8.4 8.0

Virginia

6.9 7.2 6.4 6.5 7.5 6.0 5.3 5.8 7.0 6.1

Washington

7.3 7.8 7.3 7.0 7.1 5.9 5.3 5.0 7.1 6.1

West Virginia

7.1 7.9 7.3 6.3 6.8 6.5 6.0 5.9 7.9 6.5

Wisconsin

5.5 6.6 6.5 5.9 6.1 5.8 5.2 4.8 6.8 5.9

Wyoming

9.1 10.1 8.9 8.4 9.2 8.4 7.8 8.3 9.1 8.5

Puerto Rico

8.5 6.4 7.0 6.5 6.2 5.1 5.5 4.9 6.1 5.2

Virgin Islands

7.5 8.0 6.9 8.8 7.9 8.5 9.5 10.3 12.6 4.9

Footnotes
(1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands.

 

Last Modified Date: Thursday, May 18, 2023