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Wednesday, August 06, 2025
From September 2024 to December 2024, gross job gains from opening and expanding private-sector establishments in Rhode Island were 31,503, while gross job losses from closing and contracting private-sector establishments were 27,276, the U.S. Bureau of Labor Statistics reported today. Acting 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 4,227 jobs in the private sector during the fourth quarter of 2024. (See table 1.) During the previous quarter, gross job losses exceeded gross job gains by 1,139. (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 gainsIn the fourth quarter of 2024, gross job gains represented 7.2 percent of private-sector employment in Rhode Island; nationally, gross job gains accounted for 5.8 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 Rhode Island, gross job gains at expanding establishments totaled 24,435 in the fourth quarter of 2024, an increase of 4,744 jobs compared to the previous quarter. Opening establishments accounted for 7,068 jobs gained in the fourth quarter of 2024, a decrease of 339 jobs from the previous quarter.
Gross job lossesIn the fourth quarter of 2024, gross job losses represented 6.3 percent of private-sector employment in Rhode Island; 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 Rhode Island, contracting establishments lost 20,825 jobs in the fourth quarter of 2024, a decrease of 1,173 jobs from the prior quarter. Closing establishments lost 6,541 jobs, an increase of 212 jobs from the previous quarter.
IndustriesGross job gains exceeded gross job losses in 6 of the 8 published industry sectors in Rhode Island in the fourth quarter of 2024. Leisure and hospitality had the largest over-the-quarter net job increase, with a gain of 1,994 jobs. This was the result of 8,152 gross job gains and 6,158 gross job losses. The professional and business services industry had a net gain of 1,677 jobs. In contrast, retail trade had 2,635 gross job gains and 2,673 gross job losses, yielding a net loss of 38 jobs.
For more informationThe 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 at the Business Employment Dynamics homepage and the Business Employment Dynamics Summary.
The Business Employment Dynamics for First Quarter 2025 are scheduled to be released on Wednesday, October 29, 2025, at 10:00 a.m. (ET).
The release of First Quarter 2025 Business Employment Dynamics data, scheduled for October 29, 2025, will incorporate annual revisions in accordance with standard procedures. The revisions will include the previous four quarters of not seasonally adjusted data and five years of seasonally adjusted data.
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.
Category | Gross job gains and losses (3 months ended) |
Gross job gains and losses as a percent of employment (3 months ended) |
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---|---|---|---|---|---|---|---|---|---|---|
Dec. 2023 |
Mar. 2024 |
June 2024 |
Sept. 2024 |
Dec. 2024 |
Dec. 2023 |
Mar. 2024 |
June 2024 |
Sept. 2024 |
Dec. 2024 |
|
Total private (1) |
||||||||||
Gross job gains |
28,835 | 29,862 | 28,453 | 27,098 | 31,503 | 6.8 | 6.9 | 6.6 | 6.2 | 7.2 |
At expanding establishments |
21,679 | 23,381 | 22,427 | 19,691 | 24,435 | 5.1 | 5.4 | 5.2 | 4.5 | 5.6 |
At opening establishments |
7,156 | 6,481 | 6,026 | 7,407 | 7,068 | 1.7 | 1.5 | 1.4 | 1.7 | 1.6 |
Gross job losses |
27,265 | 24,846 | 29,251 | 28,237 | 27,276 | 6.3 | 5.7 | 6.7 | 6.5 | 6.3 |
At contracting establishments |
21,529 | 19,183 | 21,866 | 21,998 | 20,825 | 5.0 | 4.4 | 5.0 | 5.1 | 4.8 |
At closing establishments |
5,736 | 5,663 | 7,385 | 6,239 | 6,451 | 1.3 | 1.3 | 1.7 | 1.4 | 1.5 |
Net employment change (2) |
1,570 | 5,016 | -798 | -1,139 | 4,227 | 0.5 | 1.2 | -0.1 | -0.3 | 0.9 |
Construction |
||||||||||
Gross job gains |
2,383 | 3,170 | 2,070 | 2,580 | 2,531 | 11.3 | 14.2 | 9.2 | 11.7 | 11.5 |
At expanding establishments |
1,485 | 2,142 | 1,557 | 1,652 | 1,810 | 7.0 | 9.6 | 6.9 | 7.5 | 8.2 |
At opening establishments |
898 | 1,028 | 513 | 928 | 721 | 4.3 | 4.6 | 2.3 | 4.2 | 3.3 |
Gross job losses |
2,222 | 1,746 | 2,294 | 2,414 | 2,483 | 10.6 | 7.9 | 10.2 | 11.0 | 11.2 |
At contracting establishments |
1,577 | 1,199 | 1,669 | 1,770 | 1,684 | 7.5 | 5.4 | 7.4 | 8.1 | 7.6 |
At closing establishments |
645 | 547 | 625 | 644 | 799 | 3.1 | 2.5 | 2.8 | 2.9 | 3.6 |
Net employment change (2) |
161 | 1,424 | -224 | 166 | 48 | 0.7 | 6.3 | -1.0 | 0.7 | 0.3 |
Wholesale trade |
||||||||||
Gross job gains |
802 | 750 | 849 | 873 | 821 | 4.9 | 4.6 | 5.2 | 5.4 | 5.0 |
At expanding establishments |
556 | 518 | 664 | 582 | 584 | 3.4 | 3.2 | 4.1 | 3.6 | 3.6 |
At opening establishments |
246 | 232 | 185 | 291 | 237 | 1.5 | 1.4 | 1.1 | 1.8 | 1.4 |
Gross job losses |
904 | 769 | 914 | 749 | 813 | 5.5 | 4.7 | 5.6 | 4.5 | 4.9 |
At contracting establishments |
652 | 527 | 622 | 514 | 531 | 4.0 | 3.2 | 3.8 | 3.1 | 3.2 |
At closing establishments |
252 | 242 | 292 | 235 | 282 | 1.5 | 1.5 | 1.8 | 1.4 | 1.7 |
Net employment change (2) |
-102 | -19 | -65 | 124 | 8 | -0.6 | -0.1 | -0.4 | 0.9 | 0.1 |
Retail trade |
||||||||||
Gross job gains |
2,526 | 2,606 | 2,734 | 2,420 | 2,635 | 5.4 | 5.5 | 5.7 | 5.1 | 5.5 |
At expanding establishments |
2,062 | 2,202 | 2,251 | 2,030 | 2,234 | 4.4 | 4.6 | 4.7 | 4.3 | 4.7 |
At opening establishments |
464 | 404 | 483 | 390 | 401 | 1.0 | 0.9 | 1.0 | 0.8 | 0.8 |
Gross job losses |
2,567 | 2,379 | 2,796 | 2,829 | 2,673 | 5.5 | 5.0 | 5.8 | 6.0 | 5.6 |
At contracting establishments |
2,140 | 1,978 | 2,363 | 2,410 | 2,190 | 4.6 | 4.2 | 4.9 | 5.1 | 4.6 |
At closing establishments |
427 | 401 | 433 | 419 | 483 | 0.9 | 0.8 | 0.9 | 0.9 | 1.0 |
Net employment change (2) |
-41 | 227 | -62 | -409 | -38 | -0.1 | 0.5 | -0.1 | -0.9 | -0.1 |
Financial activities |
||||||||||
Gross job gains |
1,749 | 1,265 | 1,597 | 1,469 | 1,311 | 5.5 | 4.0 | 5.0 | 4.6 | 4.2 |
At expanding establishments |
1,366 | 990 | 1,175 | 980 | 976 | 4.3 | 3.1 | 3.7 | 3.1 | 3.1 |
At opening establishments |
383 | 275 | 422 | 489 | 335 | 1.2 | 0.9 | 1.3 | 1.5 | 1.1 |
Gross job losses |
1,702 | 1,401 | 1,465 | 1,575 | 1,334 | 5.4 | 4.4 | 4.6 | 4.9 | 4.2 |
At contracting establishments |
1,326 | 993 | 1,062 | 1,216 | 1,083 | 4.2 | 3.1 | 3.3 | 3.8 | 3.4 |
At closing establishments |
376 | 408 | 403 | 359 | 251 | 1.2 | 1.3 | 1.3 | 1.1 | 0.8 |
Net employment change (2) |
47 | -136 | 132 | -106 | -23 | 0.1 | -0.4 | 0.4 | -0.3 | 0.0 |
Professional and business services |
||||||||||
Gross job gains |
5,471 | 4,688 | 5,647 | 5,731 | 7,487 | 7.9 | 6.8 | 8.2 | 8.3 | 10.7 |
At expanding establishments |
3,606 | 3,260 | 4,089 | 3,383 | 5,884 | 5.2 | 4.7 | 5.9 | 4.9 | 8.4 |
At opening establishments |
1,865 | 1,428 | 1,558 | 2,348 | 1,603 | 2.7 | 2.1 | 2.3 | 3.4 | 2.3 |
Gross job losses |
5,566 | 5,060 | 5,700 | 5,679 | 5,810 | 8.0 | 7.3 | 8.3 | 8.2 | 8.2 |
At contracting establishments |
3,969 | 3,546 | 3,503 | 3,901 | 3,874 | 5.7 | 5.1 | 5.1 | 5.6 | 5.5 |
At closing establishments |
1,597 | 1,514 | 2,197 | 1,778 | 1,936 | 2.3 | 2.2 | 3.2 | 2.6 | 2.7 |
Net employment change (2) |
-95 | -372 | -53 | 52 | 1,677 | -0.1 | -0.5 | -0.1 | 0.1 | 2.5 |
Education and health services |
||||||||||
Gross job gains |
4,519 | 5,498 | 4,827 | 4,917 | 4,444 | 4.3 | 5.2 | 4.5 | 4.6 | 4.1 |
At expanding establishments |
3,808 | 4,911 | 4,055 | 4,091 | 3,654 | 3.6 | 4.6 | 3.8 | 3.8 | 3.4 |
At opening establishments |
711 | 587 | 772 | 826 | 790 | 0.7 | 0.6 | 0.7 | 0.8 | 0.7 |
Gross job losses |
4,087 | 3,321 | 3,982 | 3,777 | 4,161 | 3.9 | 3.1 | 3.8 | 3.5 | 3.8 |
At contracting establishments |
3,475 | 2,748 | 2,848 | 3,186 | 3,502 | 3.3 | 2.6 | 2.7 | 3.0 | 3.2 |
At closing establishments |
612 | 573 | 1,134 | 591 | 659 | 0.6 | 0.5 | 1.1 | 0.5 | 0.6 |
Net employment change (2) |
432 | 2,177 | 845 | 1,140 | 283 | 0.4 | 2.1 | 0.7 | 1.1 | 0.3 |
Leisure and hospitality |
||||||||||
Gross job gains |
6,799 | 7,698 | 6,624 | 5,293 | 8,152 | 11.4 | 12.6 | 10.8 | 8.7 | 13.4 |
At expanding establishments |
5,202 | 5,823 | 5,281 | 4,120 | 6,023 | 8.7 | 9.5 | 8.6 | 6.8 | 9.9 |
At opening establishments |
1,597 | 1,875 | 1,343 | 1,173 | 2,129 | 2.7 | 3.1 | 2.2 | 1.9 | 3.5 |
Gross job losses |
6,381 | 6,063 | 7,710 | 6,848 | 6,158 | 10.6 | 9.9 | 12.6 | 11.4 | 10.1 |
At contracting establishments |
5,333 | 4,892 | 6,246 | 5,424 | 4,976 | 8.9 | 8.0 | 10.2 | 9.0 | 8.2 |
At closing establishments |
1,048 | 1,171 | 1,464 | 1,424 | 1,182 | 1.7 | 1.9 | 2.4 | 2.4 | 1.9 |
Net employment change (2) |
418 | 1,635 | -1,086 | -1,555 | 1,994 | 0.8 | 2.7 | -1.8 | -2.7 | 3.3 |
Other services (3) |
||||||||||
Gross job gains |
1,518 | 1,346 | 1,579 | 1,331 | 1,418 | 8.8 | 7.9 | 9.1 | 7.6 | 8.2 |
At expanding establishments |
1,123 | 1,075 | 1,211 | 958 | 1,073 | 6.5 | 6.3 | 7.0 | 5.5 | 6.2 |
At opening establishments |
395 | 271 | 368 | 373 | 345 | 2.3 | 1.6 | 2.1 | 2.1 | 2.0 |
Gross job losses |
1,263 | 1,304 | 1,492 | 1,390 | 1,293 | 7.3 | 7.6 | 8.6 | 8.0 | 7.4 |
At contracting establishments |
967 | 984 | 1,124 | 1,153 | 995 | 5.6 | 5.7 | 6.5 | 6.6 | 5.7 |
At closing establishments |
296 | 320 | 368 | 237 | 298 | 1.7 | 1.9 | 2.1 | 1.4 | 1.7 |
Net employment change (2) |
255 | 42 | 87 | -59 | 125 | 1.5 | 0.3 | 0.5 | -0.4 | 0.8 |
Footnotes: |
Category | Gross job gains as a percent of employment (3 months ended) |
Gross job losses as a percent of employment (3 months ended) |
||||||||
---|---|---|---|---|---|---|---|---|---|---|
Dec. 2023 |
Mar. 2024 |
June 2024 |
Sept. 2024 |
Dec. 2024 |
Dec. 2023 |
Mar. 2024 |
June 2024 |
Sept. 2024 |
Dec. 2024 |
|
United States(1) |
6.0 | 5.7 | 5.8 | 5.8 | 5.8 | 5.7 | 5.4 | 5.9 | 5.8 | 5.7 |
Alabama |
6.2 | 5.7 | 5.6 | 5.7 | 5.7 | 5.7 | 5.5 | 5.6 | 5.9 | 5.3 |
Alaska |
10.2 | 10.5 | 10.2 | 7.9 | 10.3 | 9.9 | 8.6 | 9.6 | 9.7 | 9.6 |
Arizona |
6.5 | 8.4 | 5.6 | 6.3 | 6.1 | 6.6 | 6.4 | 6.8 | 6.5 | 6.0 |
Arkansas |
6.2 | 5.6 | 5.2 | 5.2 | 5.8 | 5.0 | 5.2 | 5.8 | 5.2 | 4.8 |
California |
6.4 | 5.8 | 6.1 | 6.4 | 6.6 | 6.4 | 5.6 | 6.8 | 6.1 | 6.4 |
Colorado |
8.2 | 6.4 | 6.5 | 6.3 | 6.1 | 7.6 | 7.7 | 6.2 | 6.7 | 6.7 |
Connecticut |
5.6 | 5.6 | 5.8 | 5.5 | 5.5 | 5.7 | 5.2 | 5.6 | 5.7 | 5.6 |
Delaware |
6.1 | 6.0 | 5.9 | 6.8 | 6.1 | 5.8 | 5.1 | 6.5 | 6.4 | 6.4 |
District of Columbia |
5.2 | 5.1 | 5.1 | 4.9 | 5.0 | 5.6 | 4.9 | 6.0 | 5.0 | 5.5 |
Florida |
6.1 | 5.8 | 6.0 | 6.6 | 6.0 | 5.9 | 5.4 | 5.9 | 5.7 | 6.2 |
Georgia |
6.2 | 6.0 | 5.7 | 5.7 | 6.0 | 5.7 | 5.7 | 5.7 | 6.1 | 5.4 |
Hawaii |
6.1 | 5.4 | 5.1 | 5.6 | 5.3 | 5.0 | 5.1 | 5.4 | 5.0 | 4.9 |
Idaho |
8.5 | 7.9 | 7.5 | 7.2 | 8.2 | 5.8 | 8.3 | 7.4 | 7.6 | 6.8 |
Illinois |
5.0 | 5.1 | 5.2 | 5.0 | 5.1 | 5.1 | 4.8 | 5.3 | 5.1 | 5.2 |
Indiana |
5.5 | 5.3 | 5.2 | 5.3 | 5.4 | 5.1 | 5.0 | 5.5 | 5.4 | 5.2 |
Iowa |
6.1 | 6.1 | 5.5 | 5.2 | 5.5 | 5.7 | 5.6 | 5.7 | 6.0 | 5.6 |
Kansas |
5.8 | 5.7 | 5.8 | 5.3 | 5.9 | 5.3 | 5.6 | 5.7 | 5.6 | 5.2 |
Kentucky |
5.7 | 5.7 | 5.2 | 5.4 | 5.3 | 5.2 | 5.0 | 5.9 | 5.5 | 5.5 |
Louisiana |
6.3 | 6.2 | 5.7 | 6.1 | 6.2 | 5.8 | 5.7 | 6.3 | 5.8 | 5.4 |
Maine |
7.4 | 7.2 | 7.3 | 6.2 | 6.7 | 7.0 | 6.1 | 7.0 | 7.0 | 7.0 |
Maryland |
6.2 | 5.8 | 7.2 | 6.1 | 6.0 | 5.8 | 5.7 | 6.5 | 6.1 | 5.9 |
Massachusetts |
5.5 | 5.2 | 5.7 | 4.9 | 5.3 | 5.5 | 5.1 | 5.6 | 5.8 | 5.6 |
Michigan |
5.5 | 5.4 | 5.7 | 5.4 | 5.4 | 5.5 | 5.2 | 5.6 | 5.8 | 6.0 |
Minnesota |
6.9 | 5.8 | 5.7 | 5.1 | 5.5 | 6.9 | 5.7 | 5.4 | 5.9 | 5.1 |
Mississippi |
6.1 | 5.7 | 5.8 | 6.1 | 6.3 | 5.7 | 6.1 | 6.3 | 5.7 | 6.4 |
Missouri |
6.0 | 5.7 | 5.6 | 5.5 | 5.7 | 5.6 | 5.3 | 5.8 | 5.8 | 5.3 |
Montana |
8.8 | 8.1 | 7.9 | 7.3 | 8.4 | 7.2 | 7.5 | 7.6 | 8.1 | 7.8 |
Nebraska |
5.9 | 5.8 | 5.4 | 5.6 | 5.6 | 5.7 | 5.1 | 5.6 | 5.6 | 5.5 |
Nevada |
6.7 | 5.9 | 5.8 | 6.1 | 6.2 | 5.4 | 6.2 | 5.7 | 5.9 | 5.8 |
New Hampshire |
6.2 | 6.5 | 6.1 | 5.5 | 6.3 | 5.9 | 5.8 | 6.0 | 6.7 | 5.9 |
New Jersey |
5.9 | 5.5 | 5.9 | 5.3 | 6.0 | 5.8 | 5.4 | 5.4 | 5.8 | 5.3 |
New Mexico |
6.9 | 6.0 | 6.0 | 6.2 | 5.8 | 5.8 | 6.0 | 6.3 | 6.3 | 5.9 |
New York |
5.7 | 5.9 | 5.9 | 5.6 | 5.6 | 5.6 | 5.0 | 5.5 | 5.7 | 5.5 |
North Carolina |
6.3 | 5.4 | 5.6 | 5.6 | 6.1 | 4.9 | 5.5 | 5.7 | 6.1 | 5.5 |
North Dakota |
6.7 | 6.9 | 6.6 | 6.5 | 6.5 | 6.3 | 6.1 | 6.6 | 6.6 | 6.7 |
Ohio |
5.4 | 5.5 | 5.2 | 5.1 | 5.4 | 5.2 | 4.8 | 5.4 | 5.4 | 5.1 |
Oklahoma |
6.1 | 5.6 | 5.6 | 6.0 | 5.9 | 5.8 | 5.2 | 6.4 | 5.6 | 5.4 |
Oregon |
6.2 | 6.4 | 6.0 | 6.3 | 6.2 | 6.2 | 6.1 | 6.4 | 6.6 | 6.8 |
Pennsylvania |
5.2 | 5.1 | 4.9 | 5.1 | 5.2 | 4.8 | 4.6 | 5.1 | 5.1 | 4.8 |
Rhode Island |
6.8 | 6.9 | 6.6 | 6.2 | 7.2 | 6.3 | 5.7 | 6.7 | 6.5 | 6.3 |
South Carolina |
6.2 | 6.4 | 5.9 | 6.2 | 6.5 | 5.3 | 6.3 | 6.4 | 5.9 | 6.0 |
South Dakota |
6.6 | 6.3 | 6.0 | 5.9 | 6.7 | 5.8 | 5.8 | 6.3 | 5.9 | 5.9 |
Tennessee |
6.2 | 5.5 | 5.5 | 5.6 | 5.6 | 5.5 | 4.9 | 5.7 | 5.8 | 5.0 |
Texas |
5.7 | 5.4 | 5.4 | 5.6 | 5.8 | 5.2 | 5.1 | 5.3 | 5.3 | 5.1 |
Utah |
6.6 | 6.7 | 6.4 | 6.6 | 6.6 | 6.5 | 6.0 | 6.6 | 6.1 | 6.2 |
Vermont |
7.3 | 7.2 | 6.6 | 6.6 | 6.7 | 6.6 | 6.3 | 7.5 | 7.3 | 6.8 |
Virginia |
5.9 | 5.7 | 5.7 | 5.8 | 5.8 | 5.5 | 5.2 | 5.6 | 5.5 | 5.5 |
Washington |
6.0 | 5.7 | 5.7 | 5.7 | 5.7 | 5.4 | 5.3 | 5.3 | 5.4 | 5.3 |
West Virginia |
6.5 | 6.9 | 6.6 | 5.8 | 6.4 | 5.8 | 5.7 | 6.8 | 6.6 | 6.1 |
Wisconsin |
5.5 | 5.5 | 5.3 | 5.0 | 5.3 | 5.2 | 4.8 | 5.5 | 5.4 | 5.0 |
Wyoming |
8.9 | 8.4 | 8.2 | 8.6 | 8.8 | 8.4 | 8.3 | 9.0 | 9.0 | 8.4 |
Puerto Rico |
4.9 | 5.4 | 5.6 | 5.4 | 4.4 | 4.8 | 4.6 | 4.9 | 5.1 | 5.5 |
Virgin Islands |
6.0 | 5.6 | 4.3 | 4.4 | 4.0 | 5.9 | 4.5 | 5.1 | 6.1 | 12.6 |
Footnotes |
Last Modified Date: Wednesday, August 06, 2025