Business Employment Dynamics in Florida — Third Quarter 2024

From June 2024 to September 2024, gross job gains from opening and expanding private-sector establishments were 571,958 while, gross job losses from closing and contracting private-sector establishments in Florida were 496,748, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Victoria G. Lee noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 75,210 jobs in the private sector during the third quarter of 2024. (See table 1.) During the previous quarter, gross job gains exceeded gross job losses by 18,064. (See chart 1.)

Chart 1. Line chart of private-sector gross job gains and losses in Florida, September 2019–September 2024, 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 Florida, September 2019–September 2024, seasonally adjusted
Period	Gross job gains	Gross job losses
Sep 2019	500,812	446,286
Dec 2019	519,640	461,096
Mar 2020	437,483	486,692
Jun 2020	448,802	1,045,173
Sep 2020	675,208	493,362
Dec 2020	588,585	441,443
Mar 2021	533,113	432,532
Jun 2021	596,086	473,234
Sep 2021	705,734	471,822
Dec 2021	619,739	472,252
Mar 2022	533,558	465,020
Jun 2022	615,630	510,267
Sep 2022	654,195	462,312
Dec 2022	527,131	505,892
Mar 2023	537,362	476,457
Jun 2023	579,538	500,994
Sep 2023	564,003	504,260
Dec 2023	522,115	511,720
Mar 2024	502,352	468,811
Jun 2024	525,051	506,987
Sep 2024	571,958	496,748

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 2024, gross job gains represented 6.6 percent of private-sector employment in Florida; 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 Florida, gross job gains at expanding establishments totaled 416,849 in the third quarter of 2024, an increase of 40,864 jobs compared to the previous quarter. Opening establishments accounted for 155,109 jobs gained in the third quarter of 2024, an increase of 6,043 jobs from the previous quarter.

View Chart Data

Chart 2. Private-sector gross job gains as a percent of employment, United States and Florida, September 2019–September 2024, seasonally adjusted
Period	Florida	United States
Sep 2019	6.5	5.9
Dec 2019	6.6	6.2
Mar 2020	5.6	5.5
Jun 2020	6.0	4.8
Sep 2020	9.4	9.5
Dec 2020	8.0	7.4
Mar 2021	7.0	6.9
Jun 2021	7.8	6.8
Sep 2021	9.0	7.3
Dec 2021	7.7	7.7
Mar 2022	6.5	6.7
Jun 2022	7.5	6.5
Sep 2022	7.8	6.9
Dec 2022	6.2	6.3
Mar 2023	6.3	6.3
Jun 2023	6.8	6.2
Sep 2023	6.5	5.9
Dec 2023	6.1	6.0
Mar 2024	5.8	5.7
Jun 2024	6.0	5.8
Sep 2024	6.6	5.8

Gross job losses

In the third quarter of 2024, gross job losses represented 5.7 percent of private-sector employment in Florida; 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 Florida, contracting establishments lost 357,027 jobs in the third quarter of 2024, a decrease of 20,834 jobs from the prior quarter. Closing establishments lost 139,721 jobs, an increase of 10,595 jobs from the previous quarter.

View Chart Data

Chart 3. Private-sector gross job losses as a percent of employment, United States and Florida, September 2019–September 2024, seasonally adjusted
Period	Florida	United States
Sep 2019	5.8	5.8
Dec 2019	5.8	5.5
Mar 2020	6.2	6.3
Jun 2020	13.9	16.8
Sep 2020	6.8	5.9
Dec 2020	6.0	5.7
Mar 2021	5.8	5.5
Jun 2021	6.1	5.9
Sep 2021	6.0	6.1
Dec 2021	5.9	5.4
Mar 2022	5.7	5.5
Jun 2022	6.2	6.2
Sep 2022	5.6	5.9
Dec 2022	6.0	5.9
Mar 2023	5.7	5.5
Jun 2023	5.9	5.9
Sep 2023	5.9	6.0
Dec 2023	5.9	5.7
Mar 2024	5.4	5.4
Jun 2024	5.9	5.9
Sep 2024	5.7	5.8

Industries

Gross job gains exceeded gross job losses in all 11 published industry sectors in Florida in the third quarter of 2024. Education and health services had the largest over-the-quarter net job increase, with a gain of 19,878 jobs. This was the result of 83,555 gross job gains and 63,677 gross job losses. The leisure and hospitality industry had a net gain of 10,359 jobs, followed by the professional and business services industry with 9,518 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 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, Florida, 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. 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	564,003	522,115	502,352	525,051	571,958	6.5	6.1	5.8	6.0	6.6
At expanding establishments	414,436	385,905	372,447	375,985	416,849	4.8	4.5	4.3	4.3	4.8
At opening establishments	149,567	136,210	129,905	149,066	155,109	1.7	1.6	1.5	1.7	1.8
Gross job losses	504,260	511,720	468,811	506,987	496,748	5.9	5.9	5.4	5.9	5.7
At contracting establishments	369,117	375,279	348,080	377,861	357,027	4.3	4.3	4.0	4.4	4.1
At closing establishments	135,143	136,441	120,731	129,126	139,721	1.6	1.6	1.4	1.5	1.6
Net employment change (2)	59,743	10,395	33,541	18,064	75,210	0.6	0.2	0.4	0.1	0.9
Construction
Gross job gains	50,107	51,207	49,549	49,103	48,203	8.0	8.0	7.7	7.6	7.5
At expanding establishments	35,014	36,980	35,493	35,635	33,499	5.6	5.8	5.5	5.5	5.2
At opening establishments	15,093	14,227	14,056	13,468	14,704	2.4	2.2	2.2	2.1	2.3
Gross job losses	46,919	45,961	44,402	47,842	44,842	7.5	7.2	6.9	7.3	6.9
At contracting establishments	33,805	30,691	30,955	32,669	30,333	5.4	4.8	4.8	5.0	4.7
At closing establishments	13,114	15,270	13,447	15,173	14,509	2.1	2.4	2.1	2.3	2.2
Net employment change (2)	3,188	5,246	5,147	1,261	3,361	0.5	0.8	0.8	0.3	0.6
Manufacturing
Gross job gains	18,181	17,157	16,655	19,486	19,007	4.3	4.0	3.9	4.5	4.4
At expanding establishments	13,673	13,215	12,728	14,612	14,587	3.2	3.1	3.0	3.4	3.4
At opening establishments	4,508	3,942	3,927	4,874	4,420	1.1	0.9	0.9	1.1	1.0
Gross job losses	15,991	16,596	17,632	18,055	17,551	3.7	3.9	4.2	4.3	4.1
At contracting establishments	12,418	12,853	13,477	14,396	13,150	2.9	3.0	3.2	3.4	3.1
At closing establishments	3,573	3,743	4,155	3,659	4,401	0.8	0.9	1.0	0.9	1.0
Net employment change (2)	2,190	561	-977	1,431	1,456	0.6	0.1	-0.3	0.2	0.3
Wholesale trade
Gross job gains	20,783	18,341	17,195	18,048	18,439	5.3	4.6	4.3	4.5	4.7
At expanding establishments	15,478	13,500	13,120	13,127	14,202	3.9	3.4	3.3	3.3	3.6
At opening establishments	5,305	4,841	4,075	4,921	4,237	1.4	1.2	1.0	1.2	1.1
Gross job losses	17,090	16,467	16,424	17,026	16,975	4.4	4.2	4.1	4.3	4.3
At contracting establishments	11,624	11,874	11,927	12,648	12,238	3.0	3.0	3.0	3.2	3.1
At closing establishments	5,466	4,593	4,497	4,378	4,737	1.4	1.2	1.1	1.1	1.2
Net employment change (2)	3,693	1,874	771	1,022	1,464	0.9	0.4	0.2	0.2	0.4
Retail trade
Gross job gains	64,714	54,705	59,274	62,712	61,684	5.6	4.7	5.2	5.4	5.3
At expanding establishments	52,735	45,054	49,046	49,141	50,324	4.6	3.9	4.3	4.2	4.3
At opening establishments	11,979	9,651	10,228	13,571	11,360	1.0	0.8	0.9	1.2	1.0
Gross job losses	60,466	61,263	53,274	59,776	60,242	5.2	5.4	4.7	5.2	5.2
At contracting establishments	49,549	51,302	42,173	49,559	49,948	4.3	4.5	3.7	4.3	4.3
At closing establishments	10,917	9,961	11,101	10,217	10,294	0.9	0.9	1.0	0.9	0.9
Net employment change (2)	4,248	-6,558	6,000	2,936	1,442	0.4	-0.7	0.5	0.2	0.1
Transportation and warehousing
Gross job gains	21,491	29,247	17,437	16,478	21,978	5.4	7.1	4.3	4.1	5.4
At expanding establishments	16,831	25,836	14,229	12,793	17,083	4.2	6.3	3.5	3.2	4.2
At opening establishments	4,660	3,411	3,208	3,685	4,895	1.2	0.8	0.8	0.9	1.2
Gross job losses	18,433	18,139	27,058	17,226	18,446	4.6	4.4	6.7	4.3	4.6
At contracting establishments	14,963	14,673	23,877	14,048	14,583	3.7	3.6	5.9	3.5	3.6
At closing establishments	3,470	3,466	3,181	3,178	3,863	0.9	0.8	0.8	0.8	1.0
Net employment change (2)	3,058	11,108	-9,621	-748	3,532	0.8	2.7	-2.4	-0.2	0.8
Information
Gross job gains	8,145	7,762	9,220	8,584	9,345	5.1	5.0	5.8	5.5	6.0
At expanding establishments	5,899	5,582	6,831	5,521	6,517	3.7	3.6	4.3	3.5	4.2
At opening establishments	2,246	2,180	2,389	3,063	2,828	1.4	1.4	1.5	2.0	1.8
Gross job losses	9,282	9,277	8,015	11,300	8,393	5.9	5.9	5.1	7.2	5.4
At contracting establishments	6,732	6,263	5,795	8,481	5,745	4.3	4.0	3.7	5.4	3.7
At closing establishments	2,550	3,014	2,220	2,819	2,648	1.6	1.9	1.4	1.8	1.7
Net employment change (2)	-1,137	-1,515	1,205	-2,716	952	-0.8	-0.9	0.7	-1.7	0.6
Financial activities
Gross job gains	35,193	33,806	33,633	34,275	34,767	5.2	5.0	5.0	5.1	5.1
At expanding establishments	24,444	22,511	23,794	23,486	23,859	3.6	3.3	3.5	3.5	3.5
At opening establishments	10,749	11,295	9,839	10,789	10,908	1.6	1.7	1.5	1.6	1.6
Gross job losses	32,906	33,993	33,163	32,876	31,426	4.9	5.0	4.9	4.9	4.6
At contracting establishments	22,299	22,890	22,477	21,548	21,083	3.3	3.4	3.3	3.2	3.1
At closing establishments	10,607	11,103	10,686	11,328	10,343	1.6	1.6	1.6	1.7	1.5
Net employment change (2)	2,287	-187	470	1,399	3,341	0.3	0.0	0.1	0.2	0.5
Professional and business services
Gross job gains	114,770	108,527	101,754	114,101	117,401	7.0	6.7	6.4	7.1	7.2
At expanding establishments	83,344	76,785	74,315	81,500	86,575	5.1	4.7	4.7	5.1	5.3
At opening establishments	31,426	31,742	27,439	32,601	30,826	1.9	2.0	1.7	2.0	1.9
Gross job losses	118,232	120,458	93,153	108,573	107,883	7.2	7.4	5.8	6.8	6.6
At contracting establishments	81,752	86,501	65,250	78,562	75,028	5.0	5.3	4.1	4.9	4.6
At closing establishments	36,480	33,957	27,903	30,011	32,855	2.2	2.1	1.7	1.9	2.0
Net employment change (2)	-3,462	-11,931	8,601	5,528	9,518	-0.2	-0.7	0.6	0.3	0.6
Education and health services
Gross job gains	83,330	70,944	69,176	74,226	83,555	5.7	4.8	4.6	4.9	5.5
At expanding establishments	65,639	53,468	55,031	55,810	66,838	4.5	3.6	3.7	3.7	4.4
At opening establishments	17,691	17,476	14,145	18,416	16,717	1.2	1.2	0.9	1.2	1.1
Gross job losses	63,737	59,941	58,585	70,377	63,677	4.3	4.0	3.9	4.7	4.1
At contracting establishments	46,859	43,153	42,980	54,235	43,404	3.2	2.9	2.9	3.6	2.8
At closing establishments	16,878	16,788	15,605	16,142	20,273	1.1	1.1	1.0	1.1	1.3
Net employment change (2)	19,593	11,003	10,591	3,849	19,878	1.4	0.8	0.7	0.2	1.4
Leisure and hospitality
Gross job gains	99,241	95,564	86,276	88,628	108,137	7.7	7.3	6.6	6.8	8.2
At expanding establishments	75,121	71,885	64,483	62,645	77,655	5.8	5.5	4.9	4.8	5.9
At opening establishments	24,120	23,679	21,793	25,983	30,482	1.9	1.8	1.7	2.0	2.3
Gross job losses	89,976	91,044	85,860	95,134	97,778	6.9	7.0	6.6	7.3	7.4
At contracting establishments	68,610	69,263	67,995	71,876	72,281	5.3	5.3	5.2	5.5	5.5
At closing establishments	21,366	21,781	17,865	23,258	25,497	1.6	1.7	1.4	1.8	1.9
Net employment change (2)	9,265	4,520	416	-6,506	10,359	0.8	0.3	0.0	-0.5	0.8
Other services (3)
Gross job gains	22,075	21,332	20,812	21,128	21,206	7.9	7.7	7.3	7.4	7.5
At expanding establishments	15,094	15,304	14,974	14,517	14,752	5.4	5.5	5.3	5.1	5.2
At opening establishments	6,981	6,028	5,838	6,611	6,454	2.5	2.2	2.0	2.3	2.3
Gross job losses	20,031	19,545	19,967	19,732	19,577	7.2	7.0	7.0	6.9	6.9
At contracting establishments	13,603	13,094	14,204	13,823	12,999	4.9	4.7	5.0	4.8	4.6
At closing establishments	6,428	6,451	5,763	5,909	6,578	2.3	2.3	2.0	2.1	2.3
Net employment change (2)	2,044	1,787	845	1,396	1,629	0.7	0.7	0.3	0.5	0.6
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)
Category	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: Wednesday, May 14, 2025

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