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News Release Information

21-1304-ATL
Wednesday, August 04, 2021

Contacts

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

Business Employment Dynamics in Georgia – Fourth Quarter 2020

From September 2020 to December 2020, gross job gains from opening and expanding private-sector establishments in Georgia were 289,069, while gross job losses from closing and contracting private-sector establishments were 191,998, 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 97,071 in the private sector during the fourth quarter of 2020. In the previous quarter, gross job gains exceeded gross job losses by 99,456. (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.) 

Gross job gains

In the fourth quarter of 2020, gross job gains represented 7.8 percent of private-sector employment in Georgia; nationally, gross job gains accounted for 7.4 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 Georgia, gross job gains at expanding establishments totaled 232,298 in the fourth quarter of 2020, a decrease of 34,678 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 56,771 jobs gained in the fourth quarter of 2020, a decrease of 6,576 jobs from the previous quarter.


Gross job losses

In the fourth quarter of 2020, gross job losses represented 5.2 percent of private-sector employment in Georgia; 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 Georgia, contracting establishments lost 146,681 jobs in the fourth quarter of 2020, a decrease of 26,762 jobs from the prior quarter. Closing establishments lost 45,317 jobs, a decrease of 12,107 jobs from the previous quarter.


Industries

Gross job gains exceeded gross job losses in all 11 industry sectors in Georgia in the fourth quarter of 2020. Professional and business services had the largest over-the-quarter net job increase, with a gain of 36,958 jobs. This was the result of 75,116 gross job gains and 38,158 gross job losses. The leisure and hospitality industry had a net gain of 21,046 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 www.bls.gov/bdm/.

The Business Employment Dynamics for First Quarter 2021 are scheduled to be released on Wednesday, October 27, 2021 at 10:00 a.m. (ET).

Coronavirus (COVID-19) Effect on Fourth Quarter 2020 Business Employment Dynamics

Data collection and processing methods have been impacted because of the COVID-19 pandemic. Moredetail can be found at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-business-employment-dynamics.htm.


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 units and jobs lost at closing and contracting units.

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 units 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 units 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 units with positive third month employment in the previous quarter, with no employment or zero employment reported in the current quarter.

Contractions. These are units with positive employment in the third month in both the previous and current quarters, with a net decrease in employment over this period.

The full Technical Note for the Business Employment Dynamics program, which includes information on coverage, concepts, and methodology, can be found in the current quarterly news release online at www.bls.gov/news.release/cewbd.htm.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

Table 1. Private sector gross job gains and losses by industry, Georgia, 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)
Dec.
2019
Mar.
2020
June
2020
Sept.
2020
Dec.
2020
Dec.
2019
Mar.
2020
June
2020
Sept.
2020
Dec.
2020

Total private (1)

Gross job gains

253,759 217,790 201,768 330,323 289,069 6.5 5.6 5.4 9.2 7.8

At expanding establishments

201,727 175,305 149,509 266,976 232,298 5.2 4.5 4.0 7.4 6.3

At opening establishments

52,032 42,485 52,259 63,347 56,771 1.3 1.1 1.4 1.8 1.5

Gross job losses

214,268 230,425 557,304 230,867 191,998 5.5 5.9 15.0 6.4 5.2

At contracting establishments

172,250 181,903 483,691 173,443 146,681 4.4 4.7 13.0 4.8 4.0

At closing establishments

42,018 48,522 73,613 57,424 45,317 1.1 1.2 2.0 1.6 1.2

Net employment change (2)

39,491 -12,635 -355,536 99,456 97,071 1.0 -0.3 -9.6 2.8 2.6

Construction

Gross job gains

15,911 16,146 13,809 16,532 14,431 7.8 7.8 6.8 8.3 7.2

At expanding establishments

12,900 13,067 10,388 13,126 11,248 6.3 6.3 5.1 6.6 5.6

At opening establishments

3,011 3,079 3,421 3,406 3,183 1.5 1.5 1.7 1.7 1.6

Gross job losses

14,548 14,215 23,252 16,132 13,684 7.1 6.9 11.5 8.1 6.8

At contracting establishments

11,568 11,366 19,262 12,520 9,848 5.6 5.5 9.5 6.3 4.9

At closing establishments

2,980 2,849 3,990 3,612 3,836 1.5 1.4 2.0 1.8 1.9

Net employment change (2)

1,363 1,931 -9,443 400 747 0.7 0.9 -4.7 0.2 0.4

Manufacturing

Gross job gains

13,452 11,588 8,423 20,156 17,013 3.4 2.9 2.2 5.3 4.4

At expanding establishments

11,609 10,381 6,670 17,914 14,920 2.9 2.6 1.7 4.7 3.9

At opening establishments

1,843 1,207 1,753 2,242 2,093 0.5 0.3 0.5 0.6 0.5

Gross job losses

12,834 12,602 34,828 16,019 12,165 3.2 3.1 9.0 4.2 3.2

At contracting establishments

11,598 11,094 31,754 13,348 10,193 2.9 2.7 8.2 3.5 2.7

At closing establishments

1,236 1,508 3,074 2,671 1,972 0.3 0.4 0.8 0.7 0.5

Net employment change (2)

618 -1,014 -26,405 4,137 4,848 0.2 -0.2 -6.8 1.1 1.2

Wholesale trade

Gross job gains

10,903 9,224 8,392 11,180 11,165 5.0 4.3 4.0 5.5 5.4

At expanding establishments

8,516 7,369 5,911 9,141 9,206 3.9 3.4 2.8 4.5 4.5

At opening establishments

2,387 1,855 2,481 2,039 1,959 1.1 0.9 1.2 1.0 0.9

Gross job losses

9,307 10,200 19,647 10,483 8,196 4.2 4.7 9.3 5.1 4.0

At contracting establishments

7,050 7,144 16,469 7,947 5,301 3.2 3.3 7.8 3.9 2.6

At closing establishments

2,257 3,056 3,178 2,536 2,895 1.0 1.4 1.5 1.2 1.4

Net employment change (2)

1,596 -976 -11,255 697 2,969 0.8 -0.4 -5.3 0.4 1.4

Retail trade

Gross job gains

29,310 27,888 36,642 39,800 29,723 5.9 5.7 7.5 8.3 6.1

At expanding establishments

25,702 24,564 32,688 35,468 25,739 5.2 5.0 6.7 7.4 5.3

At opening establishments

3,608 3,324 3,954 4,332 3,984 0.7 0.7 0.8 0.9 0.8

Gross job losses

27,163 28,099 61,698 27,518 29,238 5.5 5.7 12.7 5.8 6.0

At contracting establishments

23,044 23,813 56,543 22,943 25,302 4.7 4.8 11.6 4.8 5.2

At closing establishments

4,119 4,286 5,155 4,575 3,936 0.8 0.9 1.1 1.0 0.8

Net employment change (2)

2,147 -211 -25,056 12,282 485 0.4 0.0 -5.2 2.5 0.1

Transportation and warehousing

Gross job gains

17,530 10,176 14,793 27,721 19,921 8.2 4.7 7.3 13.6 9.1

At expanding establishments

15,409 9,072 13,050 25,361 17,219 7.2 4.2 6.4 12.4 7.9

At opening establishments

2,121 1,104 1,743 2,360 2,702 1.0 0.5 0.9 1.2 1.2

Gross job losses

8,925 13,285 36,578 10,776 11,618 4.2 6.2 17.9 5.3 5.4

At contracting establishments

7,343 11,683 34,615 9,104 10,346 3.5 5.5 16.9 4.5 4.8

At closing establishments

1,582 1,602 1,963 1,672 1,272 0.7 0.7 1.0 0.8 0.6

Net employment change (2)

8,605 -3,109 -21,785 16,945 8,303 4.0 -1.5 -10.6 8.3 3.7

Information

Gross job gains

10,095 8,425 4,443 15,191 8,408 8.7 7.1 4.0 14.5 7.7

At expanding establishments

9,139 7,390 3,573 11,445 7,475 7.9 6.2 3.2 10.9 6.8

At opening establishments

956 1,035 870 3,746 933 0.8 0.9 0.8 3.6 0.9

Gross job losses

8,985 6,212 25,338 6,619 8,187 7.7 5.2 22.8 6.3 7.5

At contracting establishments

7,921 5,230 22,899 4,890 6,543 6.8 4.4 20.6 4.7 6.0

At closing establishments

1,064 982 2,439 1,729 1,644 0.9 0.8 2.2 1.6 1.5

Net employment change (2)

1,110 2,213 -20,895 8,572 221 1.0 1.9 -18.8 8.2 0.2

Financial activities

Gross job gains

13,856 12,273 12,533 13,999 14,652 5.7 5.0 5.2 5.8 6.1

At expanding establishments

10,190 9,685 8,723 10,587 10,819 4.2 3.9 3.6 4.4 4.5

At opening establishments

3,666 2,588 3,810 3,412 3,833 1.5 1.1 1.6 1.4 1.6

Gross job losses

11,310 11,805 19,349 13,311 11,756 4.6 4.8 8.0 5.6 4.8

At contracting establishments

8,801 8,662 15,557 8,825 8,792 3.6 3.5 6.4 3.7 3.6

At closing establishments

2,509 3,143 3,792 4,486 2,964 1.0 1.3 1.6 1.9 1.2

Net employment change (2)

2,546 468 -6,816 688 2,896 1.1 0.2 -2.8 0.2 1.3

Professional and business services

Gross job gains

52,473 44,716 40,466 70,138 75,116 7.3 6.1 5.8 10.3 10.7

At expanding establishments

42,493 35,946 30,746 58,378 62,341 5.9 4.9 4.4 8.6 8.9

At opening establishments

9,980 8,770 9,720 11,760 12,775 1.4 1.2 1.4 1.7 1.8

Gross job losses

47,558 46,111 107,059 49,507 38,158 6.6 6.4 15.4 7.3 5.4

At contracting establishments

37,741 37,630 93,601 37,293 28,206 5.2 5.2 13.5 5.5 4.0

At closing establishments

9,817 8,481 13,458 12,214 9,952 1.4 1.2 1.9 1.8 1.4

Net employment change (2)

4,915 -1,395 -66,593 20,631 36,958 0.7 -0.3 -9.6 3.0 5.3

Education and health services

Gross job gains

29,066 28,303 18,905 31,406 31,521 4.9 4.9 3.3 5.7 5.6

At expanding establishments

22,381 23,286 13,675 25,284 26,036 3.8 4.0 2.4 4.6 4.6

At opening establishments

6,685 5,017 5,230 6,122 5,485 1.1 0.9 0.9 1.1 1.0

Gross job losses

23,368 26,062 55,955 27,322 20,744 4.0 4.4 9.8 5.0 3.7

At contracting establishments

18,209 19,001 47,982 20,914 15,510 3.1 3.2 8.4 3.8 2.8

At closing establishments

5,159 7,061 7,973 6,408 5,234 0.9 1.2 1.4 1.2 0.9

Net employment change (2)

5,698 2,241 -37,050 4,084 10,777 0.9 0.5 -6.5 0.7 1.9

Leisure and hospitality

Gross job gains

42,249 32,091 26,876 61,896 47,408 8.5 6.4 6.1 15.6 11.4

At expanding establishments

31,852 23,946 17,562 49,273 36,419 6.4 4.8 4.0 12.4 8.8

At opening establishments

10,397 8,145 9,314 12,623 10,989 2.1 1.6 2.1 3.2 2.6

Gross job losses

35,842 45,999 143,363 39,039 26,362 7.1 9.3 32.8 9.8 6.3

At contracting establishments

29,118 36,222 122,039 27,871 19,509 5.8 7.3 27.9 7.0 4.7

At closing establishments

6,724 9,777 21,324 11,168 6,853 1.3 2.0 4.9 2.8 1.6

Net employment change (2)

6,407 -13,908 -116,487 22,857 21,046 1.4 -2.9 -26.7 5.8 5.1

Other services (3)

Gross job gains

8,554 7,553 5,631 11,397 10,785 7.9 6.9 5.6 11.9 10.8

At expanding establishments

6,527 5,983 3,404 8,052 7,893 6.0 5.5 3.4 8.4 7.9

At opening establishments

2,027 1,570 2,227 3,345 2,892 1.9 1.4 2.2 3.5 2.9

Gross job losses

7,763 8,269 22,579 7,569 6,366 7.1 7.5 22.4 7.9 6.4

At contracting establishments

6,168 6,137 18,462 4,483 4,577 5.6 5.6 18.3 4.7 4.6

At closing establishments

1,595 2,132 4,117 3,086 1,789 1.5 1.9 4.1 3.2 1.8

Net employment change (2)

791 -716 -16,948 3,828 4,419 0.8 -0.6 -16.8 4.0 4.4

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)
Dec.
2019
Mar.
2020
June
2020
Sept.
2020
Dec.
2020
Dec.
2019
Mar.
2020
June
2020
Sept.
2020
Dec.
2020

United States(1)

6.2 5.5 4.8 9.4 7.4 5.5 6.1 17.0 6.0 5.7

Alabama

6.2 5.5 4.8 7.8 7.8 5.5 5.9 12.6 5.9 5.0

Alaska

10.3 9.2 6.9 12.2 13.4 10.2 9.5 24.5 9.9 7.7

Arizona

6.4 5.6 5.7 7.9 7.4 5.2 5.9 11.7 6.2 4.9

Arkansas

6.5 5.1 4.8 7.5 7.1 4.9 5.5 12.0 5.6 5.1

California

6.8 6.1 5.2 8.7 8.4 6.0 6.7 18.6 7.3 6.2

Colorado

6.7 6.3 5.8 10.0 7.5 6.2 7.0 14.9 6.3 7.2

Connecticut

5.5 5.2 4.3 11.2 6.5 5.6 5.9 19.7 5.1 5.8

Delaware

6.7 6.2 4.9 10.3 6.7 6.2 6.6 17.7 6.3 5.7

District of Columbia

5.4 5.2 3.3 8.3 5.2 4.7 5.3 22.4 5.8 5.5

Florida

6.6 5.4 6.1 9.5 7.6 5.9 6.2 13.9 6.8 5.6

Georgia

6.5 5.6 5.4 9.2 7.8 5.5 5.9 15.0 6.4 5.2

Hawaii

5.7 5.2 3.6 7.4 14.7 5.2 5.8 29.8 12.7 4.6

Idaho

7.7 7.6 6.4 8.4 8.7 6.3 6.1 11.2 6.5 6.1

Illinois

5.6 5.0 4.6 9.7 6.5 5.2 6.0 18.4 5.6 6.1

Indiana

6.0 4.9 4.7 8.3 6.9 5.1 6.0 13.7 5.4 5.0

Iowa

5.8 5.2 4.4 7.4 6.8 5.5 5.9 13.0 5.6 5.1

Kansas

6.3 5.4 5.0 7.9 7.0 5.7 6.0 13.3 6.0 6.0

Kentucky

6.2 5.3 4.6 8.8 6.8 5.6 6.1 15.3 5.0 5.4

Louisiana

5.9 5.3 4.5 8.8 8.7 5.7 6.3 16.9 7.2 5.5

Maine

7.3 6.4 5.4 12.0 8.5 6.9 7.0 21.7 6.0 6.3

Maryland

6.4 5.7 4.7 11.0 7.1 5.9 6.7 21.9 5.9 5.9

Massachusetts

5.8 5.2 3.7 12.5 7.0 5.6 6.0 24.2 5.6 5.6

Michigan

5.8 5.0 4.0 10.9 6.8 5.3 5.7 20.7 4.8 7.0

Minnesota

5.8 5.0 4.3 9.0 7.0 5.6 5.6 17.6 5.4 6.9

Mississippi

6.2 5.6 5.1 8.7 7.9 5.6 6.2 12.9 5.5 4.9

Missouri

6.2 5.2 4.7 8.5 7.2 5.3 5.7 14.3 5.7 5.3

Montana

8.6 7.7 6.8 9.9 9.3 7.2 7.7 13.8 7.2 6.8

Nebraska

6.2 5.8 4.9 8.1 6.8 5.8 6.1 12.1 5.9 5.6

Nevada

6.8 5.4 5.3 12.8 8.9 5.0 6.3 29.2 6.4 5.7

New Hampshire

6.6 6.0 4.5 11.9 7.4 6.0 6.4 18.8 5.1 6.5

New Jersey

6.5 5.7 4.6 15.7 8.1 5.8 6.3 28.1 5.8 5.9

New Mexico

7.0 6.1 4.5 8.3 7.1 6.3 6.5 17.6 6.0 7.6

New York

6.0 5.5 3.9 13.3 7.4 5.7 6.4 26.9 5.9 6.4

North Carolina

6.3 5.8 4.8 8.5 7.8 5.4 5.7 14.5 5.6 5.1

North Dakota

6.7 6.8 5.2 8.8 7.2 6.6 7.0 17.2 6.9 7.1

Ohio

5.7 5.1 4.5 7.7 6.6 5.3 5.6 14.4 5.3 5.2

Oklahoma

6.5 5.4 5.6 6.8 7.8 6.2 6.7 12.3 6.4 5.6

Oregon

6.7 6.2 5.0 9.0 7.4 5.8 6.5 18.4 6.2 6.5

Pennsylvania

5.4 4.9 3.6 10.3 6.2 4.9 5.6 18.2 5.0 5.3

Rhode Island

6.5 6.1 4.5 12.9 7.5 5.9 6.5 25.2 5.3 7.1

South Carolina

6.5 5.5 5.1 8.8 8.1 5.9 6.6 14.9 6.1 5.3

South Dakota

6.4 6.0 5.1 8.6 7.2 5.8 6.6 11.6 5.5 6.2

Tennessee

5.7 4.9 4.4 8.1 7.5 5.0 5.3 13.7 5.4 4.6

Texas

6.0 5.0 4.7 7.2 7.5 5.1 5.5 13.6 6.0 4.8

Utah

6.8 6.6 6.5 9.1 8.1 6.3 6.4 10.9 6.2 5.5

Vermont

6.9 5.8 4.6 12.3 7.6 6.4 7.6 18.5 5.7 7.9

Virginia

6.5 5.6 4.7 10.2 7.0 5.5 6.1 18.2 5.3 5.3

Washington

6.6 7.4 4.9 8.9 7.1 5.8 7.4 16.9 6.2 6.0

West Virginia

6.2 6.0 5.1 8.8 7.4 7.1 6.8 13.8 7.0 6.2

Wisconsin

5.4 5.0 4.4 7.6 6.3 5.0 5.3 14.4 5.2 5.1

Wyoming

9.4 8.6 6.4 10.7 10.0 8.7 9.3 18.1 7.7 7.6

Puerto Rico

5.4 5.0 4.0 11.0 6.6 4.9 5.2 16.9 5.1 4.9

Virgin Islands

10.3 7.2 5.3 8.4 8.9 7.3 8.3 19.8 12.3 5.4

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

 

Last Modified Date: Wednesday, August 04, 2021