Business Employment Dynamics in New York — Third Quarter 2025

From June 2025 to September 2025, gross job gains from opening and expanding private-sector establishments in New York were 489,252, while gross job losses from closing and contracting private-sector establishments were 482,473, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Mark J. Maggi noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 6,779 jobs in the private sector during the third quarter of 2025. (See table 1.) During the previous quarter, gross job losses exceeded gross job gains by 89,532. (See chart 1.)

Line chart of private-sector gross job gains and losses in New York, September 2020 to September 2025, seasonally adjusted. An accessible version is available in View Chart Data link below the chart.

View Chart Data

Chart 1. Private-sector gross job gains and losses in New York, September 2020–September 2025, seasonally adjusted
Period	Gross job gains	Gross job losses
Sep 2020	920,671	401,661
Dec 2020	528,742	450,875
Mar 2021	506,574	398,688
Jun 2021	518,072	421,947
Sep 2021	563,148	439,474
Dec 2021	592,878	414,537
Mar 2022	527,251	417,168
Jun 2022	561,208	478,493
Sep 2022	528,430	469,562
Dec 2022	476,724	476,200
Mar 2023	522,550	416,842
Jun 2023	507,986	470,249
Sep 2023	473,617	487,693
Dec 2023	461,621	459,244
Mar 2024	492,263	408,590
Jun 2024	479,811	458,265
Sep 2024	474,063	471,701
Dec 2024	463,032	455,330
Mar 2025	547,829	415,859
Jun 2025	494,678	584,210
Sep 2025	489,252	482,473

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 third quarter of 2025, gross job gains represented 5.9 percent of private-sector employment in New York; nationally, gross job gains accounted for 5.6 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 New York, gross job gains at expanding establishments totaled 365,232 in the third quarter of 2025, a decrease of 50,403 jobs compared to the previous quarter. Opening establishments accounted for 124,020 jobs gained in the third quarter of 2025, an increase of 44,977 jobs from the previous quarter.

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Chart 2. Private-sector gross job gains as a percent of employment, United States and New York, September 2020–September 2025, seasonally adjusted
Period	New York	United States
Sep 2020	13.3	9.4
Dec 2020	7.4	7.4
Mar 2021	7.0	7.0
Jun 2021	7.1	6.8
Sep 2021	7.5	7.3
Dec 2021	7.7	7.7
Mar 2022	6.8	6.7
Jun 2022	7.1	6.5
Sep 2022	6.6	6.9
Dec 2022	6.0	6.3
Mar 2023	6.5	6.3
Jun 2023	6.2	6.2
Sep 2023	5.8	5.9
Dec 2023	5.7	6.0
Mar 2024	6.0	5.9
Jun 2024	5.8	5.8
Sep 2024	5.7	5.8
Dec 2024	5.7	5.9
Mar 2025	6.6	5.6
Jun 2025	5.9	5.7
Sep 2025	5.9	5.6

Gross job losses

In the third quarter of 2025, gross job losses represented 5.8 percent of private-sector employment in New York; nationally, gross job losses accounted for 5.7 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 New York, contracting establishments lost 373,345 jobs in the third quarter of 2025, a decrease of 63,123 jobs from the prior quarter. Closing establishments lost 109,128 jobs, a decrease of 38,614 jobs from the previous quarter.

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Chart 3. Private-sector gross job losses as a percent of employment, United States and New York, September 2020–September 2025, seasonally adjusted
Period	New York	United States
Sep 2020	5.9	5.9
Dec 2020	6.3	5.7
Mar 2021	5.4	5.5
Jun 2021	5.7	5.9
Sep 2021	5.8	6.0
Dec 2021	5.4	5.4
Mar 2022	5.4	5.5
Jun 2022	6.1	6.2
Sep 2022	5.9	5.9
Dec 2022	6.0	5.9
Mar 2023	5.2	5.5
Jun 2023	5.8	5.9
Sep 2023	6.0	5.9
Dec 2023	5.6	5.7
Mar 2024	5.0	5.5
Jun 2024	5.5	5.9
Sep 2024	5.8	5.8
Dec 2024	5.5	5.7
Mar 2025	5.0	5.4
Jun 2025	7.0	6.0
Sep 2025	5.8	5.7

Industries

Gross job gains exceeded gross job losses in 3 of the 11 published industry sectors in New York in the third quarter of 2025. Education and health services had the largest over-the-quarter net job increase, with a gain of 10,030 jobs. This was the result of 90,352 gross job gains and 80,322 gross job losses. Professional and business services showed a net loss of 7,765 jobs, the largest loss of any sector in the state. New York’s leisure and hospitality industry sector had a net loss of 7,564 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 homepage and the Business Employment Dynamics Summary.

The Business Employment Dynamics for Fourth Quarter 2025 are scheduled to be released on Wednesday, July 29, 2026, at 10:00 a.m. (ET).

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.

If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Table 1. Private-sector gross job gains and losses by industry, New York, seasonally adjusted
Category	Gross job gains and losses (3 months ended)					Gross job gains and losses as a percent of employment (3 months ended)
Category	Sept. 2024	Dec. 2024	Mar. 2025	June 2025	Sept. 2025	Sept. 2024	Dec. 2024	Mar. 2025	June 2025	Sept. 2025
Total private (1)
Gross job gains	474,063	463,032	547,829	494,678	489,252	5.7	5.7	6.6	5.9	5.9
At expanding establishments	380,081	367,546	373,021	415,635	365,232	4.6	4.5	4.5	5.0	4.4
At opening establishments	93,982	95,486	174,808	79,043	124,020	1.1	1.2	2.1	0.9	1.5
Gross job losses	471,701	455,330	415,859	584,210	482,473	5.8	5.5	5.0	7.0	5.8
At contracting establishments	367,404	353,517	341,941	436,468	373,345	4.5	4.3	4.1	5.2	4.5
At closing establishments	104,297	101,813	73,918	147,742	109,128	1.3	1.2	0.9	1.8	1.3
Net employment change (2)	2,362	7,702	131,970	-89,532	6,779	-0.1	0.2	1.6	-1.1	0.1
Construction
Gross job gains	35,559	34,141	37,260	32,140	33,288	9.2	8.9	9.5	8.2	8.8
At expanding establishments	26,629	26,132	29,266	27,223	24,601	6.9	6.8	7.5	6.9	6.5
At opening establishments	8,930	8,009	7,994	4,917	8,687	2.3	2.1	2.0	1.3	2.3
Gross job losses	40,654	38,521	28,038	46,265	39,254	10.6	10.1	7.1	11.8	10.4
At contracting establishments	29,855	28,491	22,416	32,267	28,631	7.8	7.5	5.7	8.2	7.6
At closing establishments	10,799	10,030	5,622	13,998	10,623	2.8	2.6	1.4	3.6	2.8
Net employment change (2)	-5,095	-4,380	9,222	-14,125	-5,966	-1.4	-1.2	2.4	-3.6	-1.6
Manufacturing
Gross job gains	13,080	13,413	12,470	13,356	11,709	3.2	3.3	3.0	3.3	2.9
At expanding establishments	11,159	11,711	10,649	11,873	9,626	2.7	2.9	2.6	2.9	2.4
At opening establishments	1,921	1,702	1,821	1,483	2,083	0.5	0.4	0.4	0.4	0.5
Gross job losses	17,239	16,077	15,159	17,391	16,614	4.1	3.9	3.8	4.3	4.2
At contracting establishments	14,589	13,482	12,862	14,213	13,819	3.5	3.3	3.2	3.5	3.5
At closing establishments	2,650	2,595	2,297	3,178	2,795	0.6	0.6	0.6	0.8	0.7
Net employment change (2)	-4,159	-2,664	-2,689	-4,035	-4,905	-0.9	-0.6	-0.8	-1.0	-1.3
Wholesale trade
Gross job gains	13,127	11,715	12,719	11,063	11,692	4.2	3.8	4.1	3.6	3.9
At expanding establishments	10,871	9,212	10,495	9,634	9,353	3.5	3.0	3.4	3.1	3.1
At opening establishments	2,256	2,503	2,224	1,429	2,339	0.7	0.8	0.7	0.5	0.8
Gross job losses	15,284	14,174	11,631	16,316	13,503	4.9	4.6	3.7	5.3	4.4
At contracting establishments	10,844	10,991	9,092	10,987	10,492	3.5	3.6	2.9	3.6	3.4
At closing establishments	4,440	3,183	2,539	5,329	3,011	1.4	1.0	0.8	1.7	1.0
Net employment change (2)	-2,157	-2,459	1,088	-5,253	-1,811	-0.7	-0.8	0.4	-1.7	-0.5
Retail trade
Gross job gains	47,415	40,958	51,035	43,313	47,263	5.6	5.0	6.2	5.2	5.7
At expanding establishments	40,560	34,705	45,472	38,686	39,894	4.8	4.2	5.5	4.6	4.8
At opening establishments	6,855	6,253	5,563	4,627	7,369	0.8	0.8	0.7	0.6	0.9
Gross job losses	50,594	50,007	37,995	59,623	51,079	6.0	6.0	4.6	7.1	6.1
At contracting establishments	41,943	41,503	32,145	48,053	40,131	5.0	5.0	3.9	5.7	4.8
At closing establishments	8,651	8,504	5,850	11,570	10,948	1.0	1.0	0.7	1.4	1.3
Net employment change (2)	-3,179	-9,049	13,040	-16,310	-3,816	-0.4	-1.0	1.6	-1.9	-0.4
Transportation and warehousing
Gross job gains	16,028	20,927	90,175	17,431	17,624	5.5	7.1	26.5	4.7	4.7
At expanding establishments	14,092	18,877	9,053	16,468	14,968	4.8	6.4	2.7	4.4	4.0
At opening establishments	1,936	2,050	81,122	963	2,656	0.7	0.7	23.8	0.3	0.7
Gross job losses	11,920	14,675	19,680	17,129	14,778	4.1	4.9	5.8	4.5	3.9
At contracting establishments	9,632	11,876	18,074	13,406	12,212	3.3	4.0	5.3	3.5	3.2
At closing establishments	2,288	2,799	1,606	3,723	2,566	0.8	0.9	0.5	1.0	0.7
Net employment change (2)	4,108	6,252	70,495	302	2,846	1.4	2.2	20.7	0.2	0.8
Information
Gross job gains	13,194	12,932	10,635	11,889	17,745	4.7	4.7	3.9	4.4	6.6
At expanding establishments	10,954	10,384	8,568	10,078	13,721	3.9	3.8	3.1	3.7	5.1
At opening establishments	2,240	2,548	2,067	1,811	4,024	0.8	0.9	0.8	0.7	1.5
Gross job losses	14,053	15,981	11,318	17,796	14,429	5.0	5.8	4.1	6.6	5.4
At contracting establishments	11,196	12,415	9,319	12,874	11,578	4.0	4.5	3.4	4.8	4.3
At closing establishments	2,857	3,566	1,999	4,922	2,851	1.0	1.3	0.7	1.8	1.1
Net employment change (2)	-859	-3,049	-683	-5,907	3,316	-0.3	-1.1	-0.2	-2.2	1.2
Financial activities
Gross job gains	29,359	26,215	29,090	28,190	29,619	4.0	3.5	3.9	3.8	4.0
At expanding establishments	24,353	20,781	23,932	24,252	23,529	3.3	2.8	3.2	3.3	3.2
At opening establishments	5,006	5,434	5,158	3,938	6,090	0.7	0.7	0.7	0.5	0.8
Gross job losses	31,628	27,631	23,810	30,040	31,975	4.3	3.8	3.2	4.0	4.4
At contracting establishments	25,482	20,245	19,039	21,005	24,872	3.5	2.8	2.6	2.8	3.4
At closing establishments	6,146	7,386	4,771	9,035	7,103	0.8	1.0	0.6	1.2	1.0
Net employment change (2)	-2,269	-1,416	5,280	-1,850	-2,356	-0.3	-0.3	0.7	-0.2	-0.4
Professional and business services
Gross job gains	78,328	78,938	77,924	79,548	84,325	5.6	5.7	5.5	5.7	6.1
At expanding establishments	61,799	62,318	59,135	68,380	60,584	4.4	4.5	4.2	4.9	4.4
At opening establishments	16,529	16,620	18,789	11,168	23,741	1.2	1.2	1.3	0.8	1.7
Gross job losses	87,433	87,497	73,132	93,319	92,090	6.3	6.2	5.3	6.7	6.6
At contracting establishments	66,814	64,678	59,318	65,822	68,342	4.8	4.6	4.3	4.7	4.9
At closing establishments	20,619	22,819	13,814	27,497	23,748	1.5	1.6	1.0	2.0	1.7
Net employment change (2)	-9,105	-8,559	4,792	-13,771	-7,765	-0.7	-0.5	0.2	-1.0	-0.5
Education and health services
Gross job gains	99,079	93,030	96,396	118,561	90,352	4.6	4.2	4.3	5.3	4.0
At expanding establishments	91,299	83,687	85,638	109,583	79,133	4.2	3.8	3.8	4.9	3.5
At opening establishments	7,780	9,343	10,758	8,978	11,219	0.4	0.4	0.5	0.4	0.5
Gross job losses	68,043	72,024	78,787	147,688	80,322	3.1	3.2	3.5	6.6	3.6
At contracting establishments	58,252	60,143	69,554	122,456	66,572	2.7	2.7	3.1	5.5	3.0
At closing establishments	9,791	11,881	9,233	25,232	13,750	0.4	0.5	0.4	1.1	0.6
Net employment change (2)	31,036	21,006	17,609	-29,127	10,030	1.5	1.0	0.8	-1.3	0.4
Leisure and hospitality
Gross job gains	87,426	83,372	76,713	85,688	82,114	9.4	9.0	8.2	9.2	8.9
At expanding establishments	63,363	64,835	62,461	70,355	63,880	6.8	7.0	6.7	7.6	6.9
At opening establishments	24,063	18,537	14,252	15,333	18,234	2.6	2.0	1.5	1.6	2.0
Gross job losses	96,442	81,423	82,271	93,689	89,678	10.4	8.7	8.8	10.0	9.7
At contracting establishments	74,971	65,536	66,958	69,986	71,518	8.1	7.0	7.2	7.5	7.7
At closing establishments	21,471	15,887	15,313	23,703	18,160	2.3	1.7	1.6	2.5	2.0
Net employment change (2)	-9,016	1,949	-5,558	-8,001	-7,564	-1.0	0.3	-0.6	-0.8	-0.8
Other services (3)
Gross job gains	22,908	21,959	22,658	22,811	20,197	7.0	6.7	7.1	7.1	6.3
At expanding establishments	17,597	16,657	16,995	18,728	15,414	5.4	5.1	5.3	5.8	4.8
At opening establishments	5,311	5,302	5,663	4,083	4,783	1.6	1.6	1.8	1.3	1.5
Gross job losses	24,207	23,243	20,488	24,558	23,520	7.5	7.2	6.4	7.6	7.3
At contracting establishments	17,837	17,824	15,758	16,900	17,949	5.5	5.5	4.9	5.2	5.6
At closing establishments	6,370	5,419	4,730	7,658	5,571	2.0	1.7	1.5	2.4	1.7
Net employment change (2)	-1,299	-1,284	2,170	-1,747	-3,323	-0.5	-0.5	0.7	-0.5	-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. (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)
Category	Sept. 2024	Dec. 2024	Mar. 2025	June 2025	Sept. 2025	Sept. 2024	Dec. 2024	Mar. 2025	June 2025	Sept. 2025
United States(1)	5.8	5.9	5.6	5.7	5.6	5.8	5.7	5.4	6.0	5.7
Alabama	5.8	5.8	5.3	5.5	5.4	5.9	5.3	5.6	5.6	5.5
Alaska	8.0	10.3	10.0	9.9	7.5	9.6	9.5	8.1	10.3	10.0
Arizona	6.4	6.1	5.8	5.3	5.8	5.7	5.9	5.3	6.3	5.5
Arkansas	5.5	5.8	5.1	5.1	5.3	5.2	4.8	5.1	5.5	5.3
California	6.3	6.7	6.0	6.6	6.2	6.2	6.4	6.2	6.7	6.0
Colorado	6.3	6.2	6.2	6.4	6.5	6.4	6.5	6.8	7.1	6.5
Connecticut	5.5	5.5	5.6	5.8	5.3	5.6	5.5	5.3	5.8	5.9
Delaware	6.8	6.1	5.9	5.9	5.3	6.4	6.3	5.3	6.1	6.1
District of Columbia	4.9	5.0	4.8	5.7	4.6	5.0	5.5	5.8	5.9	5.9
Florida	6.5	6.0	5.8	5.7	5.9	5.7	6.2	5.5	5.8	6.0
Georgia	5.8	6.0	5.5	5.5	5.7	6.1	5.4	5.7	5.6	5.8
Hawaii	5.7	5.3	4.9	4.8	5.1	5.0	5.0	5.0	5.2	4.8
Idaho	7.1	8.2	7.3	7.7	6.7	7.5	6.8	7.3	7.2	7.6
Illinois	4.9	5.1	5.0	5.2	4.7	5.0	5.1	5.0	5.2	5.0
Indiana	5.3	5.5	5.4	5.0	5.1	5.3	5.1	5.2	5.6	5.1
Iowa	5.3	5.6	5.8	5.6	4.8	6.0	5.6	5.5	5.8	5.9
Kansas	5.3	5.9	5.5	5.4	5.8	5.6	5.2	5.4	6.3	5.8
Kentucky	5.4	5.3	5.2	5.0	5.3	5.4	5.5	4.8	5.4	5.6
Louisiana	6.1	6.2	5.6	5.5	5.9	5.8	5.5	5.6	6.3	6.0
Maine	6.2	7.0	7.4	7.2	6.2	7.1	7.1	6.3	7.4	7.0
Maryland	5.9	6.0	5.9	5.7	5.7	6.1	5.9	5.7	6.2	6.5
Massachusetts	5.0	5.3	5.0	5.5	5.3	5.8	5.5	5.1	5.8	5.9
Michigan	5.3	5.4	5.2	5.8	4.9	5.8	5.9	5.3	5.5	5.9
Minnesota	5.1	5.5	5.1	5.8	5.3	5.8	5.1	5.5	5.5	5.6
Mississippi	6.3	6.3	5.7	6.3	6.4	5.7	6.2	6.1	6.5	6.1
Missouri	5.6	5.7	5.4	5.5	5.6	5.8	5.3	5.2	6.1	5.9
Montana	7.2	8.4	8.0	7.7	7.0	8.0	7.8	7.5	8.3	7.9
Nebraska	5.6	5.6	5.2	5.4	5.5	5.6	5.5	5.3	5.5	5.8
Nevada	6.2	6.1	5.4	6.2	6.9	5.9	5.6	5.9	6.3	5.2
New Hampshire	5.6	6.3	6.5	6.3	5.6	6.7	5.9	6.1	6.7	6.8
New Jersey	5.4	6.0	5.6	5.8	5.3	5.8	5.5	5.4	5.5	5.8
New Mexico	6.3	6.1	5.9	5.9	5.8	6.2	5.9	5.8	6.0	6.2
New York	5.7	5.7	6.6	5.9	5.9	5.8	5.5	5.0	7.0	5.8
North Carolina	5.5	6.1	5.4	5.6	5.4	5.8	5.5	5.5	5.4	5.7
North Dakota	6.5	6.5	6.7	6.4	6.2	6.5	6.6	6.5	6.7	6.6
Ohio	5.2	5.4	5.2	5.3	5.1	5.4	5.1	4.9	5.4	5.3
Oklahoma	6.1	6.0	5.5	5.5	6.0	5.5	5.5	5.3	6.2	6.4
Oregon	6.3	6.2	5.8	6.4	5.7	6.6	6.6	6.2	6.5	6.7
Pennsylvania	5.1	5.2	5.0	4.9	5.0	5.0	4.8	4.7	5.2	5.2
Rhode Island	6.2	7.3	6.6	6.3	6.0	6.4	6.3	5.9	6.7	6.7
South Carolina	6.2	6.4	6.1	5.8	6.3	5.9	5.9	5.5	6.6	6.5
South Dakota	5.9	6.7	6.2	6.0	5.9	5.9	5.9	6.5	6.1	6.0
Tennessee	5.6	5.5	5.4	5.1	5.7	5.7	6.2	5.1	5.9	5.2
Texas	5.7	5.8	5.1	5.2	5.3	5.3	5.2	5.1	5.4	5.3
Utah	6.8	6.8	6.6	6.6	6.7	6.2	6.3	6.0	6.6	6.4
Vermont	6.6	6.7	6.9	6.9	6.6	7.1	6.7	6.8	7.5	7.8
Virginia	5.8	5.8	5.6	5.8	5.9	5.7	5.5	5.1	5.8	6.1
Washington	5.8	5.8	5.7	6.0	5.2	5.8	5.7	5.5	5.4	5.6
West Virginia	5.9	6.5	6.4	5.5	5.8	6.6	6.1	5.7	6.3	6.0
Wisconsin	5.1	5.3	5.0	5.3	4.9	5.5	5.2	4.9	5.5	5.6
Wyoming	8.9	8.9	8.1	8.3	7.7	8.5	8.3	8.7	8.9	8.4
Puerto Rico	5.4	4.3	6.3	7.0	5.4	5.0	5.4	5.4	6.1	5.7
Virgin Islands	4.7	5.2	5.4	15.0	7.1	7.5	10.8	7.6	9.5	8.4
Footnotes (1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands.

Last Modified Date: Friday, May 08, 2026

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