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News Release Information

25-791-CHI
Friday, May 16, 2025

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

Business Employment Dynamics in Ohio — Third Quarter 2024

From June 2024 to September 2024, gross job losses from closing and contracting private-sector establishments in Ohio were 259,564, while gross job gains from opening and expanding private-sector establishments were 242,810, the U.S. Bureau of Labor Statistics reported today. Acting Regional Commissioner Julie Wilson noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment loss of 16,754 jobs in the private sector during the third quarter of 2024. (See table 1.) During the previous quarter, gross job losses exceeded gross job gains by 10,577. (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 losses

In the third quarter of 2024, gross job losses represented 5.4 percent of private-sector employment in Ohio; nationally, gross job losses accounted for 5.8 percent of private-sector employment. (See chart 2.) 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 220,576 jobs in the third quarter of 2024, an increase of 356 jobs from the prior quarter. Closing establishments lost 38,988 jobs, a decrease of 1,122 jobs from the previous quarter.


Gross job gains

In the third quarter of 2024, gross job gains represented 5.1 percent of private-sector employment in Ohio; nationally, gross job gains accounted for 5.8 percent of private-sector employment. (See chart 3.) 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 207,731 in the third quarter of 2024, a decrease of 3,783 jobs compared to the previous quarter. Opening establishments accounted for 35,079 jobs gained in the third quarter of 2024, a decrease of 3,160 jobs from the previous quarter.


Industries

Gross job losses exceeded gross job gains in 8 of the 11 published industry sectors in Ohio in the third quarter of 2024. Leisure and hospitality had the largest over-the-quarter net job decrease, with a loss of 9,347 jobs. This was the result of 46,355 gross job gains and 55,702 gross job losses. The professional and business services industry had a net loss of 5,316 jobs, and manufacturing had a net loss of 4,625. Education and health services showed a net gain of 5,067 jobs, the largest gain of any sector in the state.

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 homepage and the Business Employment Dynamics Summary.

The Business Employment Dynamics for Fourth Quarter 2024 are scheduled to be released on Wednesday, July 30, 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, Ohio, 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.
2023
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Sept.
2023
Dec.
2023
Mar.
2024
June
2024
Sept.
2024

Total private (1)

Gross job gains

248,820 254,665 263,201 249,753 242,810 5.2 5.4 5.5 5.2 5.1

At expanding establishments

210,383 216,417 224,102 211,514 207,731 4.4 4.6 4.7 4.4 4.4

At opening establishments

38,437 38,248 39,099 38,239 35,079 0.8 0.8 0.8 0.8 0.7

Gross job losses

264,283 247,346 228,393 260,330 259,564 5.6 5.2 4.8 5.4 5.4

At contracting establishments

226,273 207,860 195,781 220,220 220,576 4.8 4.4 4.1 4.6 4.6

At closing establishments

38,010 39,486 32,612 40,110 38,988 0.8 0.8 0.7 0.8 0.8

Net employment change (2)

-15,463 7,319 34,808 -10,577 -16,754 -0.4 0.2 0.7 -0.2 -0.3

Construction

Gross job gains

18,498 19,982 25,620 19,722 20,288 7.8 8.5 10.3 7.8 8.2

At expanding establishments

15,405 16,756 21,812 16,900 17,522 6.5 7.1 8.8 6.7 7.1

At opening establishments

3,093 3,226 3,808 2,822 2,766 1.3 1.4 1.5 1.1 1.1

Gross job losses

19,069 19,482 14,966 19,620 18,794 8.2 8.2 6.0 7.8 7.7

At contracting establishments

15,644 16,162 12,364 16,094 15,449 6.7 6.8 5.0 6.4 6.3

At closing establishments

3,425 3,320 2,602 3,526 3,345 1.5 1.4 1.0 1.4 1.4

Net employment change (2)

-571 500 10,654 102 1,494 -0.4 0.3 4.3 0.0 0.5

Manufacturing

Gross job gains

17,171 19,143 18,799 19,534 16,728 2.5 2.8 2.7 2.8 2.4

At expanding establishments

15,775 17,517 17,342 17,427 15,756 2.3 2.6 2.5 2.5 2.3

At opening establishments

1,396 1,626 1,457 2,107 972 0.2 0.2 0.2 0.3 0.1

Gross job losses

20,860 19,975 19,656 21,090 21,353 3.0 2.9 2.9 3.1 3.2

At contracting establishments

19,180 18,002 18,251 19,241 19,470 2.8 2.6 2.7 2.8 2.9

At closing establishments

1,680 1,973 1,405 1,849 1,883 0.2 0.3 0.2 0.3 0.3

Net employment change (2)

-3,689 -832 -857 -1,556 -4,625 -0.5 -0.1 -0.2 -0.3 -0.8

Wholesale trade

Gross job gains

9,193 9,183 9,460 9,067 8,876 3.8 3.8 4.0 3.8 3.7

At expanding establishments

7,781 7,808 8,104 7,885 7,729 3.2 3.2 3.4 3.3 3.2

At opening establishments

1,412 1,375 1,356 1,182 1,147 0.6 0.6 0.6 0.5 0.5

Gross job losses

9,500 8,615 8,407 9,640 9,802 3.9 3.5 3.5 4.0 4.1

At contracting establishments

7,711 6,806 6,876 7,695 8,145 3.2 2.8 2.9 3.2 3.4

At closing establishments

1,789 1,809 1,531 1,945 1,657 0.7 0.7 0.6 0.8 0.7

Net employment change (2)

-307 568 1,053 -573 -926 -0.1 0.3 0.5 -0.2 -0.4

Retail trade

Gross job gains

31,326 26,462 30,082 28,783 31,260 5.7 4.9 5.5 5.3 5.7

At expanding establishments

28,431 23,382 26,680 26,152 28,440 5.2 4.3 4.9 4.8 5.2

At opening establishments

2,895 3,080 3,402 2,631 2,820 0.5 0.6 0.6 0.5 0.5

Gross job losses

32,034 32,172 26,094 32,695 33,744 5.9 5.9 4.8 6.0 6.2

At contracting establishments

28,951 28,718 23,146 28,995 29,543 5.3 5.3 4.3 5.3 5.4

At closing establishments

3,083 3,454 2,948 3,700 4,201 0.6 0.6 0.5 0.7 0.8

Net employment change (2)

-708 -5,710 3,988 -3,912 -2,484 -0.2 -1.0 0.7 -0.7 -0.5

Transportation and warehousing

Gross job gains

15,776 20,043 11,004 10,472 10,987 6.4 7.9 4.3 4.2 4.4

At expanding establishments

14,416 18,499 9,807 9,282 9,876 5.8 7.3 3.8 3.7 4.0

At opening establishments

1,360 1,544 1,197 1,190 1,111 0.6 0.6 0.5 0.5 0.4

Gross job losses

13,519 11,179 17,018 13,288 10,405 5.4 4.4 6.6 5.3 4.2

At contracting establishments

12,192 9,399 15,883 11,663 9,129 4.9 3.7 6.2 4.7 3.7

At closing establishments

1,327 1,780 1,135 1,625 1,276 0.5 0.7 0.4 0.6 0.5

Net employment change (2)

2,257 8,864 -6,014 -2,816 582 1.0 3.5 -2.3 -1.1 0.2

Information

Gross job gains

2,816 3,012 2,723 3,291 2,682 4.2 4.5 4.1 4.9 4.1

At expanding establishments

2,205 2,277 2,212 2,555 2,111 3.3 3.4 3.3 3.8 3.2

At opening establishments

611 735 511 736 571 0.9 1.1 0.8 1.1 0.9

Gross job losses

3,797 3,500 3,311 3,651 3,548 5.6 5.2 5.0 5.5 5.4

At contracting establishments

2,917 2,777 2,536 2,894 2,897 4.3 4.1 3.8 4.4 4.4

At closing establishments

880 723 775 757 651 1.3 1.1 1.2 1.1 1.0

Net employment change (2)

-981 -488 -588 -360 -866 -1.4 -0.7 -0.9 -0.6 -1.3

Financial activities

Gross job gains

11,686 10,984 9,789 11,402 11,131 3.8 3.6 3.2 3.7 3.7

At expanding establishments

9,822 8,812 8,048 9,229 9,117 3.2 2.9 2.6 3.0 3.0

At opening establishments

1,864 2,172 1,741 2,173 2,014 0.6 0.7 0.6 0.7 0.7

Gross job losses

12,592 13,396 11,881 11,289 12,011 4.1 4.4 3.9 3.7 4.0

At contracting establishments

10,101 10,941 9,423 8,908 9,850 3.3 3.6 3.1 2.9 3.3

At closing establishments

2,491 2,455 2,458 2,381 2,161 0.8 0.8 0.8 0.8 0.7

Net employment change (2)

-906 -2,412 -2,092 113 -880 -0.3 -0.8 -0.7 0.0 -0.3

Professional and business services

Gross job gains

41,641 41,578 44,281 42,778 41,350 5.6 5.7 6.1 5.8 5.7

At expanding establishments

31,741 33,785 36,268 35,283 33,983 4.3 4.6 5.0 4.8 4.7

At opening establishments

9,900 7,793 8,013 7,495 7,367 1.3 1.1 1.1 1.0 1.0

Gross job losses

51,434 49,868 41,677 45,655 46,666 7.0 6.8 5.7 6.2 6.4

At contracting establishments

42,853 40,134 34,155 38,155 37,978 5.8 5.5 4.7 5.2 5.2

At closing establishments

8,581 9,734 7,522 7,500 8,688 1.2 1.3 1.0 1.0 1.2

Net employment change (2)

-9,793 -8,290 2,604 -2,877 -5,316 -1.4 -1.1 0.4 -0.4 -0.7

Education and health services

Gross job gains

39,783 36,277 40,727 41,653 38,961 4.3 3.9 4.3 4.4 4.1

At expanding establishments

35,133 31,440 36,598 36,797 33,889 3.8 3.4 3.9 3.9 3.6

At opening establishments

4,650 4,837 4,129 4,856 5,072 0.5 0.5 0.4 0.5 0.5

Gross job losses

32,372 30,333 27,401 34,361 33,894 3.5 3.3 2.9 3.7 3.6

At contracting establishments

27,501 25,855 23,406 28,872 29,231 3.0 2.8 2.5 3.1 3.1

At closing establishments

4,871 4,478 3,995 5,489 4,663 0.5 0.5 0.4 0.6 0.5

Net employment change (2)

7,411 5,944 13,326 7,292 5,067 0.8 0.6 1.4 0.7 0.5

Leisure and hospitality

Gross job gains

48,256 53,008 57,180 49,419 46,355 8.6 9.3 9.9 8.6 8.3

At expanding establishments

39,420 43,848 46,243 38,882 37,583 7.0 7.7 8.0 6.8 6.7

At opening establishments

8,836 9,160 10,937 10,537 8,772 1.6 1.6 1.9 1.8 1.6

Gross job losses

55,555 47,105 45,287 55,536 55,702 9.8 8.3 7.8 9.6 9.8

At contracting establishments

48,043 39,822 39,303 46,752 47,570 8.5 7.0 6.8 8.1 8.4

At closing establishments

7,512 7,283 5,984 8,784 8,132 1.3 1.3 1.0 1.5 1.4

Net employment change (2)

-7,299 5,903 11,893 -6,117 -9,347 -1.2 1.0 2.1 -1.0 -1.5

Other services (3)

Gross job gains

9,676 10,448 10,201 10,996 10,528 6.4 6.8 6.6 7.1 6.9

At expanding establishments

7,862 8,437 8,602 8,995 9,046 5.2 5.5 5.6 5.8 5.9

At opening establishments

1,814 2,011 1,599 2,001 1,482 1.2 1.3 1.0 1.3 1.0

Gross job losses

10,497 8,810 9,614 9,991 10,777 6.9 5.7 6.3 6.5 7.0

At contracting establishments

8,671 6,944 7,771 8,089 8,947 5.7 4.5 5.1 5.3 5.8

At closing establishments

1,826 1,866 1,843 1,902 1,830 1.2 1.2 1.2 1.2 1.2

Net employment change (2)

-821 1,638 587 1,005 -249 -0.5 1.1 0.3 0.6 -0.1

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

United States(1)

5.9 6.0 5.7 5.8 5.8 6.0 5.7 5.4 5.9 5.8

Alabama

6.0 6.2 5.7 5.6 5.7 6.0 5.7 5.5 5.6 5.9

Alaska

8.5 10.2 10.5 10.2 7.9 10.5 9.9 8.6 9.6 9.7

Arizona

6.8 6.5 8.4 5.6 6.3 5.7 6.6 6.4 6.8 6.5

Arkansas

5.6 6.2 5.6 5.2 5.2 5.8 5.0 5.2 5.8 5.2

California

6.4 6.4 5.8 6.1 6.4 6.5 6.4 5.6 6.8 6.1

Colorado

5.4 8.2 6.4 6.5 6.3 6.1 7.6 7.7 6.2 6.7

Connecticut

5.8 5.6 5.6 5.8 5.5 6.2 5.7 5.2 5.6 5.7

Delaware

6.0 6.1 6.0 5.9 6.8 6.5 5.8 5.1 6.5 6.4

District of Columbia

5.4 5.2 5.1 5.1 4.9 5.4 5.6 4.9 6.0 5.0

Florida

6.5 6.1 5.8 6.0 6.6 5.9 5.9 5.4 5.9 5.7

Georgia

6.1 6.2 6.0 5.7 5.7 6.1 5.7 5.7 5.7 6.1

Hawaii

5.3 6.1 5.4 5.1 5.6 6.8 5.0 5.1 5.4 5.0

Idaho

7.2 8.5 7.9 7.5 7.2 7.9 5.8 8.3 7.4 7.6

Illinois

4.8 5.0 5.1 5.2 5.0 5.3 5.1 4.8 5.3 5.1

Indiana

5.7 5.5 5.3 5.2 5.3 5.7 5.1 5.0 5.5 5.4

Iowa

5.6 6.1 6.1 5.5 5.2 5.8 5.7 5.6 5.7 6.0

Kansas

5.7 5.8 5.7 5.8 5.3 6.0 5.3 5.6 5.7 5.6

Kentucky

5.7 5.7 5.7 5.2 5.4 5.6 5.2 5.0 5.9 5.5

Louisiana

6.2 6.3 6.2 5.7 6.1 6.0 5.8 5.7 6.3 5.8

Maine

7.0 7.4 7.2 7.3 6.2 7.8 7.0 6.1 7.0 7.0

Maryland

6.3 6.2 5.8 7.2 6.1 6.4 5.8 5.7 6.5 6.1

Massachusetts

5.4 5.5 5.2 5.7 4.9 5.9 5.5 5.1 5.6 5.8

Michigan

5.2 5.5 5.4 5.7 5.4 5.9 5.5 5.2 5.6 5.8

Minnesota

3.3 6.9 5.8 5.7 5.1 4.3 6.9 5.7 5.4 5.9

Mississippi

6.2 6.1 5.7 5.8 6.1 6.2 5.7 6.1 6.3 5.7

Missouri

5.6 6.0 5.7 5.6 5.5 5.8 5.6 5.3 5.8 5.8

Montana

7.7 8.8 8.1 7.9 7.3 8.4 7.2 7.5 7.6 8.1

Nebraska

6.0 5.9 5.8 5.4 5.6 5.9 5.7 5.1 5.6 5.6

Nevada

6.5 6.7 5.9 5.8 6.1 5.6 5.4 6.2 5.7 5.9

New Hampshire

5.8 6.2 6.5 6.1 5.5 6.7 5.9 5.8 6.0 6.7

New Jersey

6.0 5.9 5.5 5.9 5.3 6.0 5.8 5.4 5.4 5.8

New Mexico

6.4 6.9 6.0 6.0 6.2 6.8 5.8 6.0 6.3 6.3

New York

5.8 5.7 5.9 5.9 5.6 6.0 5.6 5.0 5.5 5.7

North Carolina

5.7 6.3 5.4 5.6 5.6 6.1 4.9 5.5 5.7 6.1

North Dakota

6.6 6.7 6.9 6.6 6.5 6.6 6.3 6.1 6.6 6.6

Ohio

5.2 5.4 5.5 5.2 5.1 5.6 5.2 4.8 5.4 5.4

Oklahoma

6.3 6.1 5.6 5.6 6.0 6.0 5.8 5.2 6.4 5.6

Oregon

6.1 6.2 6.4 6.0 6.3 6.7 6.2 6.1 6.4 6.6

Pennsylvania

5.2 5.2 5.1 4.9 5.1 5.1 4.8 4.6 5.1 5.1

Rhode Island

6.4 6.8 6.9 6.6 6.2 6.7 6.3 5.7 6.7 6.5

South Carolina

6.6 6.2 6.4 5.9 6.2 5.7 5.3 6.3 6.4 5.9

South Dakota

6.3 6.6 6.3 6.0 5.9 6.3 5.8 5.8 6.3 5.9

Tennessee

5.6 6.2 5.5 5.5 5.6 5.7 5.5 4.9 5.7 5.8

Texas

5.7 5.7 5.4 5.4 5.6 5.5 5.2 5.1 5.3 5.3

Utah

6.9 6.6 6.7 6.4 6.6 6.6 6.5 6.0 6.6 6.1

Vermont

6.4 7.3 7.2 6.6 6.6 7.9 6.6 6.3 7.5 7.3

Virginia

5.9 5.9 5.7 5.7 5.8 6.0 5.5 5.2 5.6 5.5

Washington

5.8 6.0 5.7 5.7 5.7 6.0 5.4 5.3 5.3 5.4

West Virginia

6.5 6.5 6.9 6.6 5.8 6.6 5.8 5.7 6.8 6.6

Wisconsin

5.2 5.5 5.5 5.3 5.0 5.8 5.2 4.8 5.5 5.4

Wyoming

8.3 8.9 8.4 8.2 8.6 8.2 8.4 8.3 9.0 9.0

Puerto Rico

5.7 4.9 5.4 5.6 5.4 5.3 4.8 4.6 4.9 5.1

Virgin Islands

8.2 6.0 5.6 4.3 4.4 6.8 5.9 4.5 5.1 6.1

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, May 16, 2025