Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

News Release Information

25-793-ATL
Wednesday, May 14, 2025

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

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.)


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.

  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.

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)
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)
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