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News Release Information

17-245-KAN
Thursday, February 16, 2017

Contacts

Technical information:
Media contact:
  • (816) 285-7000

Business Employment Dynamics in Colorado – Second Quarter 2016

From March 2016 to June 2016, gross job gains in private sector establishments in Colorado totaled 148,006, while gross job losses numbered 138,701, the U.S. Bureau of Labor Statistics reported today. Gross job gains exceeded gross job losses by 9,305. Assistant Commissioner for Regional Operations Stanley W. Suchman noted that gross jobs gains exceeded gross job losses by 9,964 during the previous quarter.

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. Business Employment Dynamics (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 job gains and the number of gross job losses is the net change in employment. (See the Technical Note for more information.)

Gross job gains in Colorado increased by 7,990 from March 2016 to June 2016 and have been above 140,000 for the last nine consecutive quarters. Gross job losses also increased for the 3-months ended in June 2016, up 8,649, and were at their highest level since the second quarter of 2009. Despite the increase in the number of gross job losses in this quarter, gross job gains have exceeded gross job losses in each quarter since June 2010. (See chart 1.)

Gross job gains represented 6.9 percent of private sector employment in Colorado in the quarter ended June 2016, while nationally gross job gains accounted for 6.2 percent of private employment. Colorado’s rate of gross job losses as a percent of private sector employment was 6.5 percent in the second quarter of 2016, higher than the national rate of 6.0 percent. (See chart 2.) The rates of both gross job gains and gross job losses in Colorado have been above the U.S. rate since data were first published in 1992.

During the second quarter of 2016, gross job gains exceeded gross job losses in 9 of the 11 industry sectors in Colorado. For example, within leisure and hospitality, gross job gains exceeded gross job losses by 3,768. While 32,462 jobs in the industry were created by opening and expanding establishments, 28,694 jobs were lost in closing and contracting establishments in the 3-months ended in June 2016. In education and health services, 15,884 jobs were created in opening and expanding establishments and 13,542 jobs were lost in closing and contracting establishments. Gross job gains exceeded gross job losses by more than 1,000 in two other industry sectors—professional and business services (1,556) and financial activities (1,528). (See table 1.)

In contrast, two industry sectors had gross job losses that exceeded gross job gains in the second quarter of 2016. Wholesale trade had a net decrease of 271 jobs and manufacturing had a net loss of 236 jobs.

For More Information

BED data for the states have been included in table 2 of this release. For more information on the Business Employment Dynamics data, visit the BED web site at www.bls.gov/bdm/.

The Business Employment Dynamics for Third Quarter 2016 are scheduled to be released on Wednesday, April 26, 2017 at 10:00 a.m. (EDT).


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), or the ES-202 program. The BED data are compiled from existing quarterly QCEW records. The QCEW reports are sent by the State Employment Security Agencies (SESAs) to BLS and form the basis of the Bureau’s QCEW program and establishment universe sampling frame. These reports are also used to produce the QCEW data on total employment and wages. Other important Bureau uses of the QCEW reports are in the Current Employment Statistics (CES) program. The CES program produces monthly estimates of employment, net changes, and earnings by detailed industry.

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 establishments and jobs lost at closing and contracting establishments.

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 establishments 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 establishments 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 either establishments with positive third month employment in the previous quarter, with no employment or zero employment reported in the current quarter.

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

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

Table 1. Private sector gross job gains and losses by industry, Colorado, seasonally adjusted
CategoryGross job gains and job losses
(3 months ended)
Gross job gains and job losses
as a percent of employment
(3 months ended)
June
2015
Sept
2015
Dec.
2015
Mar.
2016
June
2016
June
2015
Sept
2015
Dec.
2015
Mar.
2016
June
2016

Total private (1)

 

Gross job gains

146,462146,856147,332140,016148,0067.07.07.06.66.9

At expanding establishments

120,560118,194118,178112,216118,4745.85.65.65.35.5

At opening establishments

25,90228,66229,15427,80029,5321.21.41.41.31.4

Gross job losses

134,781134,443134,691130,052138,7016.46.46.46.16.5

At contracting establishments

109,117109,632108,951106,107110,2505.25.25.25.05.2

At closing establishments

25,66424,81125,74023,94528,4511.21.21.21.11.3

Net employment change (2)

11,68112,41312,6419,9649,3050.60.60.60.50.4

Construction

 

Gross job gains

13,83914,11215,49515,48114,3099.49.610.310.19.3

At expanding establishments

11,34711,23312,47412,62311,3977.77.68.38.27.4

At opening establishments

2,4922,8793,0212,8582,9121.72.02.01.91.9

Gross job losses

14,74513,12012,35213,28614,2439.98.98.38.69.2

At contracting establishments

12,04010,6679,72310,64011,1868.17.26.56.97.2

At closing establishments

2,7052,4532,6292,6463,0571.81.71.81.72.0

Net employment change (2)

-9069923,1432,19566-0.50.72.01.50.1

Manufacturing

 

Gross job gains

6,0034,9875,3495,3025,1844.33.53.73.73.7

At expanding establishments

5,4584,4014,7174,6084,5043.93.13.33.23.2

At opening establishments

5455866326946800.40.40.40.50.5

Gross job losses

5,1134,8375,2714,7485,4203.73.43.83.33.8

At contracting establishments

4,3294,2854,4844,1864,6403.13.03.22.93.3

At closing establishments

7845527875627800.60.40.60.40.5

Net employment change (2)

89015078554-2360.60.1-0.10.4-0.1

Wholesale trade

 

Gross job gains

5,2665,0115,2804,9515,3005.14.85.14.85.1

At expanding establishments

4,3814,0714,1654,0444,0424.23.94.03.93.9

At opening establishments

8859401,1159071,2580.90.91.10.91.2

Gross job losses

5,1184,5374,3624,7865,5715.04.44.24.65.3

At contracting establishments

3,8743,3703,3553,5314,1233.83.33.23.43.9

At closing establishments

1,2441,1671,0071,2551,4481.21.11.01.21.4

Net employment change (2)

148474918165-2710.10.40.90.2-0.2

Retail trade

 

Gross job gains

17,50717,10016,61817,47116,9346.66.56.36.66.3

At expanding establishments

15,12914,57114,34114,88214,8585.75.55.45.65.5

At opening establishments

2,3782,5292,2772,5892,0760.91.00.91.00.8

Gross job losses

14,62916,41115,10814,91316,2295.56.25.75.56.0

At contracting establishments

12,49014,22013,45513,49914,1104.75.45.15.05.2

At closing establishments

2,1392,1911,6531,4142,1190.80.80.60.50.8

Net employment change (2)

2,8786891,5102,5587051.10.30.61.10.3

Transportation and warehousing

 

Gross job gains

4,6584,3734,8123,6284,1596.96.57.15.36.1

At expanding establishments

4,1673,7504,2123,0823,5536.25.66.24.55.2

At opening establishments

4916236005466060.70.90.90.80.9

Gross job losses

4,6764,6083,6364,7854,0206.96.95.47.05.9

At contracting establishments

3,9093,8832,8504,1383,1845.85.84.26.14.7

At closing establishments

7677257866478361.11.11.20.91.2

Net employment change (2)

-18-2351,176-1,1571390.0-0.41.7-1.70.2

Information

 

Gross job gains

2,9492,8783,5932,5662,9964.24.05.03.64.2

At expanding establishments

2,4882,5103,1342,1212,5453.53.54.43.03.6

At opening establishments

4613684594454510.70.50.60.60.6

Gross job losses

2,8052,4993,6542,1782,9924.03.55.13.04.2

At contracting establishments

2,4422,1423,2231,7902,4333.53.04.52.53.4

At closing establishments

3633574313885590.50.50.60.50.8

Net employment change (2)

144379-6138840.20.5-0.10.60.0

Financial activities

 

Gross job gains

9,2349,2838,9168,0269,2576.16.15.75.15.9

At expanding establishments

7,2587,3216,6726,1116,9714.84.84.33.94.4

At opening establishments

1,9761,9622,2441,9152,2861.31.31.41.21.5

Gross job losses

7,5597,9447,7947,6537,7295.05.25.04.94.9

At contracting establishments

5,3465,6255,6635,3355,6663.53.73.63.43.6

At closing establishments

2,2132,3192,1312,3182,0631.51.51.41.51.3

Net employment change (2)

1,6751,3391,1223731,5281.10.90.70.21.0

Professional and business services

 

Gross job gains

29,40829,72630,62927,43230,5297.47.47.66.97.6

At expanding establishments

23,29723,25422,95021,19823,7905.95.85.75.35.9

At opening establishments

6,1116,4727,6796,2346,7391.51.61.91.61.7

Gross job losses

28,75227,06529,39227,39228,9737.26.87.36.87.2

At contracting establishments

21,91620,60121,82021,10021,7425.55.25.45.25.4

At closing establishments

6,8366,4647,5726,2927,2311.71.61.91.61.8

Net employment change (2)

6562,6611,237401,5560.20.60.30.10.4

Education and health services

 

Gross job gains

15,13315,21915,77914,35815,8844.94.95.04.65.0

At expanding establishments

12,87512,98013,20811,87113,0744.24.24.23.84.1

At opening establishments

2,2582,2392,5712,4872,8100.70.70.80.80.9

Gross job losses

12,19512,37711,97712,42213,5424.04.03.84.04.2

At contracting establishments

9,80110,0069,48610,2889,9483.23.23.03.33.1

At closing establishments

2,3942,3712,4912,1343,5940.80.80.80.71.1

Net employment change (2)

2,9382,8423,8021,9362,3420.90.91.20.60.8

Leisure and hospitality

 

Gross job gains

32,06033,54531,04130,60932,46210.310.69.79.59.9

At expanding establishments

26,84926,96724,93524,15526,1368.68.57.87.58.0

At opening establishments

5,2116,5786,1066,4546,3261.72.11.92.01.9

Gross job losses

27,60830,06330,68327,77628,6948.89.59.68.78.9

At contracting establishments

23,41626,08126,59123,68224,2587.58.28.37.47.5

At closing establishments

4,1923,9824,0924,0944,4361.31.31.31.31.4

Net employment change (2)

4,4523,4823582,8333,7681.51.10.10.81.0

Other services (3)

 

Gross job gains

5,4395,5865,4225,5795,8637.77.87.57.78.1

At expanding establishments

4,1964,3044,1954,1944,5565.96.05.85.86.3

At opening establishments

1,2431,2821,2271,3851,3071.81.81.71.91.8

Gross job losses

5,0884,7965,1705,1075,1437.26.87.27.17.1

At contracting establishments

3,8193,5383,9673,8193,9015.45.05.55.35.4

At closing establishments

1,2691,2581,2031,2881,2421.81.81.71.81.7

Net employment change (2)

3517902524727200.51.00.30.61.0

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
CategoryGross job gains as a percent of employment
(3 months ended)
Gross job losses as a percent of employment
(3 months ended)
June
2015
Sept.
2015
Dec.
2015
Mar.
2016
June
2016
June
2015
Sept.
2015
Dec.
2015
Mar.
2016
June
2016

United States(1)

6.46.36.65.86.25.75.85.85.76.0

Alabama

5.95.86.25.85.85.35.55.35.45.8

Alaska

10.69.19.69.410.310.910.310.59.711.9

Arizona

6.06.86.96.06.15.75.45.45.76.1

Arkansas

6.06.16.35.45.45.35.35.35.35.8

California

6.96.97.66.56.86.55.96.76.36.7

Colorado

7.07.07.06.66.96.46.46.46.16.5

Connecticut

5.75.15.55.25.45.05.94.95.05.3

Delaware

7.76.17.36.56.75.86.16.26.46.6

District of Columbia

6.16.16.25.25.85.85.44.65.66.1

Florida

7.06.97.26.16.45.95.85.85.85.9

Georgia

6.76.56.96.17.05.85.95.75.66.6

Hawaii

4.95.15.84.95.44.84.64.44.96.0

Idaho

7.67.87.98.27.17.27.06.96.37.1

Illinois

6.15.46.45.35.95.25.85.65.45.9

Indiana

5.75.56.25.55.25.25.34.95.35.2

Iowa

6.05.76.06.05.66.06.05.75.36.1

Kansas

6.05.76.25.85.65.95.85.65.96.3

Kentucky

6.46.16.75.76.25.55.75.45.85.8

Louisiana

6.46.26.56.05.96.86.26.46.66.9

Maine

8.36.68.68.07.76.57.17.16.96.7

Maryland

7.16.56.86.26.35.96.25.96.06.3

Massachusetts

6.45.45.95.26.05.15.65.25.05.2

Michigan

6.15.46.15.45.95.25.65.34.95.3

Minnesota

6.15.46.15.45.95.15.85.75.25.6

Mississippi

6.56.27.15.75.75.95.95.46.16.5

Missouri

6.05.76.35.75.75.25.55.35.35.4

Montana

8.07.68.57.87.98.47.77.37.28.6

Nebraska

5.96.06.15.85.75.65.65.55.56.0

Nevada

6.26.26.86.36.55.85.65.35.75.6

New Hampshire

6.86.16.76.06.56.06.45.65.85.9

New Jersey

7.16.36.75.96.56.06.25.95.95.8

New Mexico

6.86.57.06.26.56.96.66.96.36.7

New York

6.76.36.46.16.25.86.05.75.75.8

North Carolina

6.46.36.76.06.35.55.75.55.65.8

North Dakota

6.77.16.76.66.811.28.58.18.99.0

Ohio

6.05.56.05.45.65.25.65.15.15.6

Oklahoma

6.06.16.35.75.86.66.16.56.46.8

Oregon

6.97.07.07.06.76.16.46.25.86.5

Pennsylvania

5.65.35.75.45.34.95.35.15.25.4

Rhode Island

6.75.86.65.86.25.95.85.75.96.2

South Carolina

6.56.17.16.16.35.55.85.35.85.8

South Dakota

6.35.96.76.26.45.96.15.96.16.2

Tennessee

6.05.86.35.25.74.85.14.85.15.3

Texas

6.05.96.14.76.35.65.55.55.55.4

Utah

6.97.07.27.36.76.26.06.05.96.4

Vermont

7.36.97.26.67.46.97.76.56.97.2

Virginia

6.57.16.45.96.45.45.85.65.96.0

Washington

7.36.76.87.17.26.16.86.25.65.8

West Virginia

6.45.86.65.95.86.76.76.36.96.9

Wisconsin

5.75.66.05.65.75.25.65.25.25.7

Wyoming

7.98.59.07.97.711.09.29.39.410.4

Puerto Rico

5.75.96.35.75.66.26.35.76.05.6

Virgin Islands

6.56.07.35.76.36.87.35.35.45.8

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

 

Last Modified Date: Thursday, February 16, 2017