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19-718-ATL
Wednesday, May 15, 2019

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Technical information:
Media contact:
  • (404) 893-4220

Business Employment Dynamics in Florida – Third Quarter 2018

From June 2018 to September 2018, gross job gains in private-sector establishments in Florida totaled 517,791, while gross job losses numbered 435,454, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Janet S. Rankin noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 82,337 in the private sector during the third quarter of 2018. In the previous quarter, gross job gains exceeded gross job losses by 27,370. (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 Technical Note for more information.)

Florida’s gross job gains numbered 517,791 in the third quarter of 2018, an increase of 27,635 from the previous quarter. With one exception, Florida’s gross job gains have remained above 450,000 each quarter since the second quarter of 2016. Florida’s gross job losses numbered 435,454 in the third quarter of 2018, below the recent peak of 556,886 gross job losses in the third quarter of 2017. (See chart 1.)

Florida’s rate of gross job gains as a percent of private-sector employment was 6.7 percent in the third quarter of 2018; nationally gross job gains accounted for 6.0 percent of private sector employment. (See chart 2.) Gross job losses represented 5.7 percent of private sector employment in Florida, while nationally gross job losses accounted for 6.0 percent of private-sector employment in the third quarter of 2018.

During the third quarter of 2018, gross job gains exceeded gross job losses in 10 of 11 industry sectors in Florida. For example, the leisure and hospitality sector added 101,928 jobs in opening and expanding establishments, and lost 78,286 jobs in closing and contracting establishments. The resulting net gain of 23,642 jobs was the largest of any Florida sector during the quarter. In education and health services, 65,124 jobs were created in opening and expanding establishments and 50,779 jobs were lost in closing and contracting establishments, resulting in a net gain of 14,345 jobs. Opening and expanding establishments in Florida’s professional and business services added 104,409 jobs while closing and contracting establishments lost 91,035 jobs, resulting in a net gain of 13,374 jobs. Among the seven other sectors with net employment gains, gross job gains exceeded gross job losses by less than 5,600. (See table 1.) 

Additional statistics and other 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 Fourth Quarter 2018 are scheduled to be released on Wednesday, July 24, 2019.


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. Most employers in the U.S. are required to file quarterly reports on the employment and wages of workers covered by unemployment insurance (UI) laws, and to pay quarterly UI taxes. The QCEW is based largely on quarterly UI reports which are sent by businesses to the State Workforce Agencies (SWAs). These UI reports are supplemented by two additional BLS data collections to render administrative data into economic statistics. Together these data comprise the QCEW and form the basis of the Bureau’s establishment universe sampling frame.

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, Florida, seasonally adjusted
Category Gross job gains and job losses
(3 months ended)
Gross job gains and job losses
as a percent of employment
(3 months ended)
Sept
2017
Dec.
2017
Mar.
2018
June
2018
Sept
2018
Sept
2017
Dec.
2017
Mar.
2018
June
2018
Sept
2018

Total private (1)

Gross job gains

423,467 610,728 461,699 490,156 517,791 5.8 8.2 6.1 6.5 6.7

At expanding establishments

316,100 469,625 358,052 372,320 407,472 4.3 6.3 4.7 4.9 5.3

At opening establishments

107,367 141,103 103,647 117,836 110,319 1.5 1.9 1.4 1.6 1.4

Gross job losses

556,886 396,998 415,301 462,786 435,454 7.5 5.3 5.5 6.1 5.7

At contracting establishments

429,767 291,390 330,775 351,965 338,821 5.8 3.9 4.4 4.6 4.4

At closing establishments

127,119 105,608 84,526 110,821 96,633 1.7 1.4 1.1 1.5 1.3

Net employment change (2)

-133,419 213,730 46,398 27,370 82,337 -1.7 2.9 0.6 0.4 1.0

Construction

Gross job gains

37,058 70,293 52,758 48,771 46,805 7.5 14.1 9.9 9.0 8.6

At expanding establishments

25,174 50,396 39,443 34,809 34,090 5.1 10.1 7.4 6.4 6.3

At opening establishments

11,884 19,897 13,315 13,962 12,715 2.4 4.0 2.5 2.6 2.3

Gross job losses

61,410 35,773 37,594 44,242 43,955 12.4 7.1 7.1 8.2 8.1

At contracting establishments

43,074 24,252 27,354 31,069 31,332 8.7 4.8 5.2 5.8 5.8

At closing establishments

18,336 11,521 10,240 13,173 12,623 3.7 2.3 1.9 2.4 2.3

Net employment change (2)

-24,352 34,520 15,164 4,529 2,850 -4.9 7.0 2.8 0.8 0.5

Manufacturing

Gross job gains

13,138 21,878 15,380 15,837 18,025 3.7 6.0 4.2 4.3 4.8

At expanding establishments

10,350 17,541 12,794 13,216 14,876 2.9 4.8 3.5 3.6 4.0

At opening establishments

2,788 4,337 2,586 2,621 3,149 0.8 1.2 0.7 0.7 0.8

Gross job losses

19,528 13,220 13,800 14,043 14,743 5.4 3.7 3.7 3.8 3.9

At contracting establishments

15,313 9,382 10,747 10,501 11,683 4.2 2.6 2.9 2.8 3.1

At closing establishments

4,215 3,838 3,053 3,542 3,060 1.2 1.1 0.8 1.0 0.8

Net employment change (2)

-6,390 8,658 1,580 1,794 3,282 -1.7 2.3 0.5 0.5 0.9

Wholesale trade

Gross job gains

15,138 19,169 16,928 17,117 17,138 4.4 5.6 5.0 5.0 4.9

At expanding establishments

11,462 14,698 13,254 13,094 13,240 3.3 4.3 3.9 3.8 3.8

At opening establishments

3,676 4,471 3,674 4,023 3,898 1.1 1.3 1.1 1.2 1.1

Gross job losses

18,341 15,084 14,975 15,737 15,138 5.4 4.4 4.3 4.5 4.3

At contracting establishments

13,306 10,857 10,759 11,148 10,894 3.9 3.2 3.1 3.2 3.1

At closing establishments

5,035 4,227 4,216 4,589 4,244 1.5 1.2 1.2 1.3 1.2

Net employment change (2)

-3,203 4,085 1,953 1,380 2,000 -1.0 1.2 0.7 0.5 0.6

Retail trade

Gross job gains

56,177 82,704 62,630 64,914 66,530 5.0 7.4 5.5 5.7 5.8

At expanding establishments

42,532 70,017 53,663 53,685 56,204 3.8 6.3 4.7 4.7 4.9

At opening establishments

13,645 12,687 8,967 11,229 10,326 1.2 1.1 0.8 1.0 0.9

Gross job losses

80,746 53,932 60,990 67,135 64,692 7.3 4.8 5.4 5.9 5.7

At contracting establishments

68,829 44,939 52,970 55,266 56,017 6.2 4.0 4.7 4.9 4.9

At closing establishments

11,917 8,993 8,020 11,869 8,675 1.1 0.8 0.7 1.0 0.8

Net employment change (2)

-24,569 28,772 1,640 -2,221 1,838 -2.3 2.6 0.1 -0.2 0.1

Transportation and warehousing

Gross job gains

12,896 22,474 15,601 17,051 18,217 5.0 8.5 5.8 6.2 6.5

At expanding establishments

10,155 17,109 12,765 14,028 15,355 3.9 6.5 4.7 5.1 5.5

At opening establishments

2,741 5,365 2,836 3,023 2,862 1.1 2.0 1.1 1.1 1.0

Gross job losses

15,702 11,054 15,479 12,721 12,619 6.1 4.2 5.7 4.7 4.5

At contracting establishments

11,763 8,229 13,261 9,986 9,735 4.6 3.1 4.9 3.7 3.5

At closing establishments

3,939 2,825 2,218 2,735 2,884 1.5 1.1 0.8 1.0 1.0

Net employment change (2)

-2,806 11,420 122 4,330 5,598 -1.1 4.3 0.1 1.5 2.0

Information

Gross job gains

6,203 9,220 7,680 7,448 7,269 4.6 6.7 5.5 5.4 5.2

At expanding establishments

4,458 7,152 6,255 5,807 5,578 3.3 5.2 4.5 4.2 4.0

At opening establishments

1,745 2,068 1,425 1,641 1,691 1.3 1.5 1.0 1.2 1.2

Gross job losses

9,556 5,906 7,379 7,990 7,983 7.0 4.3 5.2 5.7 5.8

At contracting establishments

7,481 4,117 6,057 6,460 5,920 5.5 3.0 4.3 4.6 4.3

At closing establishments

2,075 1,789 1,322 1,530 2,063 1.5 1.3 0.9 1.1 1.5

Net employment change (2)

-3,353 3,314 301 -542 -714 -2.4 2.4 0.3 -0.3 -0.6

Financial activities

Gross job gains

30,084 35,783 28,372 29,938 29,585 5.5 6.4 5.0 5.3 5.2

At expanding establishments

22,542 25,866 21,470 22,075 22,267 4.1 4.6 3.8 3.9 3.9

At opening establishments

7,542 9,917 6,902 7,863 7,318 1.4 1.8 1.2 1.4 1.3

Gross job losses

29,247 29,157 26,213 28,258 26,453 5.3 5.2 4.6 5.0 4.6

At contracting establishments

21,549 20,341 18,634 19,661 19,026 3.9 3.6 3.3 3.5 3.3

At closing establishments

7,698 8,816 7,579 8,597 7,427 1.4 1.6 1.3 1.5 1.3

Net employment change (2)

837 6,626 2,159 1,680 3,132 0.2 1.2 0.4 0.3 0.6

Professional and business services

Gross job gains

89,908 126,643 88,938 107,024 104,409 6.8 9.6 6.6 7.9 7.6

At expanding establishments

67,580 97,251 66,059 79,914 82,180 5.1 7.4 4.9 5.9 6.0

At opening establishments

22,328 29,392 22,879 27,110 22,229 1.7 2.2 1.7 2.0 1.6

Gross job losses

116,486 83,773 85,422 95,600 91,035 8.8 6.3 6.4 7.1 6.7

At contracting establishments

87,319 57,445 65,634 68,486 68,383 6.6 4.3 4.9 5.1 5.0

At closing establishments

29,167 26,328 19,788 27,114 22,652 2.2 2.0 1.5 2.0 1.7

Net employment change (2)

-26,578 42,870 3,516 11,424 13,374 -2.0 3.3 0.2 0.8 0.9

Education and health services

Gross job gains

53,150 69,601 57,103 58,606 65,124 4.2 5.5 4.5 4.6 5.1

At expanding establishments

41,685 55,393 46,980 46,340 53,570 3.3 4.4 3.7 3.6 4.2

At opening establishments

11,465 14,208 10,123 12,266 11,554 0.9 1.1 0.8 1.0 0.9

Gross job losses

61,084 45,038 48,218 59,006 50,779 4.8 3.6 3.8 4.6 4.0

At contracting establishments

47,997 32,639 38,508 47,123 39,335 3.8 2.6 3.0 3.7 3.1

At closing establishments

13,087 12,399 9,710 11,883 11,444 1.0 1.0 0.8 0.9 0.9

Net employment change (2)

-7,934 24,563 8,885 -400 14,345 -0.6 1.9 0.7 0.0 1.1

Leisure and hospitality

Gross job gains

75,755 111,655 80,498 83,182 101,928 6.4 9.4 6.7 6.9 8.3

At expanding establishments

56,396 84,382 61,594 62,817 80,758 4.8 7.1 5.1 5.2 6.6

At opening establishments

19,359 27,273 18,904 20,365 21,170 1.6 2.3 1.6 1.7 1.7

Gross job losses

106,420 71,527 75,814 83,273 78,286 8.9 6.0 6.2 6.8 6.3

At contracting establishments

84,494 56,036 64,880 66,987 64,222 7.1 4.7 5.3 5.5 5.2

At closing establishments

21,926 15,491 10,934 16,286 14,064 1.8 1.3 0.9 1.3 1.1

Net employment change (2)

-30,665 40,128 4,684 -91 23,642 -2.5 3.4 0.5 0.1 2.0

Other services (3)

Gross job gains

16,552 25,792 18,285 19,732 19,891 6.5 10.0 7.0 7.5 7.5

At expanding establishments

11,080 18,814 12,638 13,904 14,821 4.4 7.3 4.8 5.3 5.6

At opening establishments

5,472 6,978 5,647 5,828 5,070 2.1 2.7 2.2 2.2 1.9

Gross job losses

23,719 15,969 16,820 19,881 18,031 9.3 6.3 6.4 7.6 6.9

At contracting establishments

16,418 10,163 11,769 13,908 12,783 6.4 4.0 4.5 5.3 4.9

At closing establishments

7,301 5,806 5,051 5,973 5,248 2.9 2.3 1.9 2.3 2.0

Net employment change (2)

-7,167 9,823 1,465 -149 1,860 -2.8 3.7 0.6 -0.1 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)
Sept.
2017
Dec.
2017
Mar.
2018
June
2018
Sept.
2018
Sept.
2017
Dec.
2017
Mar.
2018
June
2018
Sept.
2018

United States(1)

6.0 6.4 6.0 6.1 6.0 6.1 5.6 5.4 5.8 6.0

Alabama

6.0 6.0 6.0 5.8 5.9 5.8 5.4 5.3 5.7 5.9

Alaska

8.7 9.7 9.8 10.9 8.9 10.8 10.2 8.8 10.7 10.6

Arizona

6.6 6.3 6.0 6.0 6.6 5.2 5.3 5.3 5.9 5.0

Arkansas

5.8 6.1 5.4 5.0 6.0 5.5 5.1 5.0 5.6 5.5

California

6.5 6.9 6.4 6.7 6.5 6.3 6.0 5.9 6.3 6.2

Colorado

6.7 6.8 6.8 6.8 6.6 6.5 6.1 6.0 6.1 6.8

Connecticut

5.4 5.3 5.1 5.8 5.2 5.8 5.2 5.2 5.0 5.6

Delaware

6.4 7.0 7.1 6.5 5.6 6.6 6.4 5.9 6.0 6.6

District of Columbia

5.4 5.8 6.0 5.6 5.3 5.2 5.0 4.7 5.5 5.5

Florida

5.8 8.2 6.1 6.5 6.7 7.5 5.3 5.5 6.1 5.7

Georgia

6.2 6.9 6.5 6.2 6.7 6.1 5.6 5.6 6.4 6.2

Hawaii

5.4 5.1 5.0 5.2 5.1 5.1 4.7 4.8 5.5 5.5

Idaho

6.7 7.4 7.9 7.3 6.8 6.8 6.6 5.9 6.7 6.9

Illinois

5.6 6.0 5.7 5.6 5.6 6.0 5.3 5.1 5.5 5.7

Indiana

5.4 5.7 5.6 5.4 5.2 5.6 5.0 5.1 5.5 5.4

Iowa

5.5 5.9 5.5 5.7 5.3 5.7 5.3 5.3 5.4 5.7

Kansas

6.3 5.9 5.2 5.7 5.9 5.7 5.2 5.5 5.6 5.7

Kentucky

6.0 6.1 6.2 5.9 5.7 6.0 5.6 5.9 5.6 6.0

Louisiana

6.2 6.2 6.5 6.1 6.2 6.1 6.0 5.8 6.5 6.2

Maine

6.5 7.2 7.2 8.1 6.0 7.5 6.6 7.0 7.1 7.5

Maryland

6.3 6.2 6.3 6.0 6.3 6.2 6.3 5.7 5.8 6.6

Massachusetts

5.4 5.7 5.4 6.1 5.5 5.6 5.4 5.2 5.4 6.2

Michigan

5.3 5.7 5.7 5.6 5.0 6.0 5.4 4.6 5.1 6.2

Minnesota

5.3 5.8 5.3 5.8 5.4 5.7 5.5 5.0 5.3 5.7

Mississippi

5.9 6.3 5.5 5.7 5.8 5.9 5.4 5.8 6.0 5.7

Missouri

5.9 5.7 5.4 5.7 5.9 5.9 5.5 5.2 5.7 6.0

Montana

7.2 8.5 7.8 8.0 7.2 7.9 7.4 7.1 7.8 7.9

Nebraska

5.9 6.2 5.6 5.9 5.8 5.9 5.5 5.5 5.8 6.0

Nevada

6.2 6.6 6.5 6.1 6.7 5.8 5.2 5.4 5.8 5.6

New Hampshire

5.5 6.7 6.1 6.7 5.6 6.6 5.9 5.9 6.3 6.8

New Jersey

6.0 6.4 5.6 6.5 6.0 6.3 5.8 5.8 5.7 6.3

New Mexico

6.6 6.5 6.3 6.5 6.4 6.3 6.1 5.5 6.2 6.4

New York

6.3 6.2 6.2 6.3 6.1 6.1 5.8 5.6 5.8 6.4

North Carolina

6.0 6.3 6.2 6.1 5.6 6.0 5.5 5.2 5.5 6.5

North Dakota

6.7 6.8 7.0 6.7 6.6 6.7 6.8 6.3 6.2 6.6

Ohio

5.3 5.7 5.5 5.6 5.3 5.7 5.2 5.0 5.4 5.7

Oklahoma

6.6 6.4 6.1 6.3 6.6 6.0 5.8 5.5 6.5 6.1

Oregon

6.6 6.8 7.8 6.2 6.2 6.4 6.0 5.6 6.2 6.3

Pennsylvania

5.5 5.5 5.2 5.3 5.4 5.2 5.0 4.9 5.1 5.2

Rhode Island

6.0 6.6 6.3 6.3 6.2 6.3 6.0 6.1 6.1 6.4

South Carolina

5.8 7.0 5.9 7.5 5.8 6.2 5.3 4.7 6.5 6.5

South Dakota

5.8 6.4 6.4 6.1 5.9 5.9 5.7 5.9 6.1 5.8

Tennessee

5.4 5.9 5.0 5.5 5.8 5.2 4.9 4.8 5.1 5.2

Texas

5.9 6.4 5.8 5.9 5.9 5.8 5.3 5.1 5.2 5.4

Utah

7.0 7.0 7.4 6.9 7.3 6.3 5.9 6.0 6.3 6.5

Vermont

6.5 7.4 6.4 7.2 6.9 7.8 6.5 7.0 7.3 7.4

Virginia

5.9 6.3 5.8 6.1 5.6 6.2 5.5 5.2 5.8 6.3

Washington

6.4 6.9 7.2 7.3 6.1 6.4 6.0 5.7 6.3 6.3

West Virginia

6.7 6.3 6.8 6.8 7.0 6.3 6.1 5.8 6.4 6.4

Wisconsin

5.0 5.6 5.6 5.4 5.1 5.7 5.0 4.7 5.5 5.9

Wyoming

8.7 8.7 8.4 8.2 8.2 7.9 8.4 8.0 8.3 8.3

Puerto Rico

4.5 7.1 8.4 8.0 7.2 6.8 11.8 6.8 6.2 5.8

Virgin Islands

4.2 9.2 12.0 12.5 10.9 11.6 28.2 16.8 8.6 6.3

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

 

Last Modified Date: Wednesday, May 15, 2019