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News Release Information

22-196-ATL
Tuesday, February 08, 2022

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

Business Employment Dynamics in Kentucky — Second Quarter 2021

From March 2021 to June 2021, gross job gains from opening and expanding private-sector establishments in Kentucky were 99,257, while gross job losses from closing and contracting private-sector establishments were 102,580, 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 loss of 3,323 jobs in the private sector during the second quarter of 2021. During the previous quarter, gross job gains exceeded gross job losses by 32,411. (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 Technical Note.)

Gross job gains

In the second quarter of 2021, gross job gains represented 6.4 percent of private-sector employment in Kentucky; nationally, gross job gains accounted for 6.7 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 Kentucky, gross job gains at expanding establishments totaled 79,364 in the second quarter of 2021, a decrease of 13,802 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 19,893 jobs gained in the second quarter of 2021, an increase of 351 jobs from the previous quarter.


Gross job losses

In the second quarter of 2021, gross job losses represented 6.5 percent of private-sector employment in Kentucky; nationally, gross job losses accounted for 5.9 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 Kentucky, contracting establishments lost 88,675 jobs in the second quarter of 2021, an increase of 19,593 jobs from the prior quarter. Closing establishments lost 13,905 jobs, an increase of 2,690 jobs from the previous quarter.


Industries

Gross job gains exceeded gross job losses in 6 of the 11 industry sectors in Kentucky in the second quarter of 2021. Leisure and hospitality had the largest over-the-quarter net job increase, with a gain of 4,307 jobs. This was the result of 18,965 gross job gains and 14,658 gross job losses. The professional and business services industry had a net gain of 1,482 jobs. Manufacturing showed a net loss of 4,660 jobs, the largest loss of any sector in the state. Kentucky’s transportation and warehousing industry sector had a net loss of 2,558 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 Third Quarter 2021 are scheduled to be released on Wednesday, April 27, 2022, at 10:00 a.m. (ET).

Coronavirus (COVID-19) Effect on Second Quarter 2021 Business Employment Dynamics

Data collection and processing methods have been impacted because of the COVID-19 pandemic. More detail 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, Kentucky, 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)
June
2020
Sept.
2020
Dec.
2020
Mar.
2021
June
2021
June
2020
Sept.
2020
Dec.
2020
Mar.
2021
June
2021

Total private (1)

Gross job gains

70,385 132,991 112,311 112,708 99,257 4.6 9.0 7.3 7.3 6.4

At expanding establishments

54,575 111,146 95,108 93,166 79,364 3.6 7.5 6.2 6.0 5.1

At opening establishments

15,810 21,845 17,203 19,542 19,893 1.0 1.5 1.1 1.3 1.3

Gross job losses

234,010 75,389 93,275 80,297 102,580 15.2 5.1 6.1 5.1 6.5

At contracting establishments

203,151 62,099 69,478 69,082 88,675 13.2 4.2 4.5 4.4 5.6

At closing establishments

30,859 13,290 23,797 11,215 13,905 2.0 0.9 1.6 0.7 0.9

Net employment change (2)

-163,625 57,602 19,036 32,411 -3,323 -10.6 3.9 1.2 2.2 -0.1

Construction

Gross job gains

6,023 7,802 9,287 8,035 7,247 7.6 10.2 11.9 10.1 9.1

At expanding establishments

4,744 6,127 7,658 5,961 5,877 6.0 8.0 9.8 7.5 7.4

At opening establishments

1,279 1,675 1,629 2,074 1,370 1.6 2.2 2.1 2.6 1.7

Gross job losses

11,644 6,407 7,405 7,292 7,526 14.7 8.3 9.5 9.2 9.5

At contracting establishments

9,521 5,153 5,383 6,292 6,591 12.0 6.7 6.9 7.9 8.3

At closing establishments

2,123 1,254 2,022 1,000 935 2.7 1.6 2.6 1.3 1.2

Net employment change (2)

-5,621 1,395 1,882 743 -279 -7.1 1.9 2.4 0.9 -0.4

Manufacturing

Gross job gains

3,832 11,580 11,128 9,280 7,509 1.6 4.9 4.7 3.8 3.1

At expanding establishments

3,275 11,046 9,490 8,549 6,324 1.4 4.7 4.0 3.5 2.6

At opening establishments

557 534 1,638 731 1,185 0.2 0.2 0.7 0.3 0.5

Gross job losses

22,123 6,876 6,071 6,599 12,169 9.2 3.0 2.5 2.7 5.0

At contracting establishments

21,468 6,250 4,797 6,055 11,786 8.9 2.7 2.0 2.5 4.8

At closing establishments

655 626 1,274 544 383 0.3 0.3 0.5 0.2 0.2

Net employment change (2)

-18,291 4,704 5,057 2,681 -4,660 -7.6 1.9 2.2 1.1 -1.9

Wholesale trade

Gross job gains

2,258 4,178 3,697 3,838 3,876 3.1 5.8 5.2 5.2 5.3

At expanding establishments

1,836 3,581 3,136 3,309 3,172 2.5 5.0 4.4 4.5 4.3

At opening establishments

422 597 561 529 704 0.6 0.8 0.8 0.7 1.0

Gross job losses

7,046 3,112 3,570 2,643 3,653 9.6 4.3 4.9 3.7 5.0

At contracting establishments

6,089 2,453 2,386 2,084 2,799 8.3 3.4 3.3 2.9 3.8

At closing establishments

957 659 1,184 559 854 1.3 0.9 1.6 0.8 1.2

Net employment change (2)

-4,788 1,066 127 1,195 223 -6.5 1.5 0.3 1.5 0.3

Retail trade

Gross job gains

13,746 18,513 13,602 11,499 12,558 6.7 9.1 6.6 5.5 6.0

At expanding establishments

11,893 16,012 11,881 9,378 10,631 5.8 7.9 5.8 4.5 5.1

At opening establishments

1,853 2,501 1,721 2,121 1,927 0.9 1.2 0.8 1.0 0.9

Gross job losses

27,780 12,011 12,600 11,388 13,964 13.6 5.9 6.1 5.5 6.7

At contracting establishments

24,886 10,603 9,451 9,919 12,760 12.2 5.2 4.6 4.8 6.1

At closing establishments

2,894 1,408 3,149 1,469 1,204 1.4 0.7 1.5 0.7 0.6

Net employment change (2)

-14,034 6,502 1,002 111 -1,406 -6.9 3.2 0.5 0.0 -0.7

Transportation and warehousing

Gross job gains

7,272 7,367 9,649 5,483 6,554 6.5 6.5 8.2 4.6 5.6

At expanding establishments

6,661 6,549 9,194 4,792 5,751 6.0 5.8 7.8 4.0 4.9

At opening establishments

611 818 455 691 803 0.5 0.7 0.4 0.6 0.7

Gross job losses

9,248 4,096 4,121 6,333 9,112 8.3 3.7 3.5 5.3 7.7

At contracting establishments

8,460 3,561 3,221 5,773 8,367 7.6 3.2 2.7 4.8 7.1

At closing establishments

788 535 900 560 745 0.7 0.5 0.8 0.5 0.6

Net employment change (2)

-1,976 3,271 5,528 -850 -2,558 -1.8 2.8 4.7 -0.7 -2.1

Information

Gross job gains

816 1,528 1,009 1,457 1,454 4.0 7.7 5.1 7.1 7.0

At expanding establishments

468 1,118 774 1,130 1,019 2.3 5.6 3.9 5.5 4.9

At opening establishments

348 410 235 327 435 1.7 2.1 1.2 1.6 2.1

Gross job losses

2,652 843 1,536 1,217 1,325 12.9 4.2 7.7 5.8 6.4

At contracting establishments

2,121 608 1,105 1,022 1,037 10.3 3.0 5.5 4.9 5.0

At closing establishments

531 235 431 195 288 2.6 1.2 2.2 0.9 1.4

Net employment change (2)

-1,836 685 -527 240 129 -8.9 3.5 -2.6 1.3 0.6

Financial activities

Gross job gains

3,233 4,879 5,642 4,556 4,465 3.5 5.4 6.1 4.9 4.8

At expanding establishments

2,259 3,896 4,551 3,338 3,283 2.4 4.3 4.9 3.6 3.5

At opening establishments

974 983 1,091 1,218 1,182 1.1 1.1 1.2 1.3 1.3

Gross job losses

7,220 3,573 4,552 4,182 4,432 7.8 3.9 4.9 4.5 4.7

At contracting establishments

5,900 2,754 2,975 3,445 3,358 6.4 3.0 3.2 3.7 3.6

At closing establishments

1,320 819 1,577 737 1,074 1.4 0.9 1.7 0.8 1.1

Net employment change (2)

-3,987 1,306 1,090 374 33 -4.3 1.5 1.2 0.4 0.1

Professional and business services

Gross job gains

13,381 24,161 24,423 18,954 19,975 6.5 11.9 11.5 8.6 9.1

At expanding establishments

9,936 20,467 20,679 15,377 15,314 4.8 10.1 9.7 7.0 7.0

At opening establishments

3,445 3,694 3,744 3,577 4,661 1.7 1.8 1.8 1.6 2.1

Gross job losses

36,302 14,689 15,329 16,532 18,493 17.4 7.2 7.2 7.6 8.4

At contracting establishments

32,061 11,948 10,829 14,423 15,831 15.4 5.9 5.1 6.6 7.2

At closing establishments

4,241 2,741 4,500 2,109 2,662 2.0 1.3 2.1 1.0 1.2

Net employment change (2)

-22,921 9,472 9,094 2,422 1,482 -10.9 4.7 4.3 1.0 0.7

Education and health services

Gross job gains

7,635 19,257 14,615 15,788 12,015 2.8 7.4 5.5 5.8 4.4

At expanding establishments

5,144 15,025 12,037 13,011 9,294 1.9 5.8 4.5 4.8 3.4

At opening establishments

2,491 4,232 2,578 2,777 2,721 0.9 1.6 1.0 1.0 1.0

Gross job losses

31,739 9,795 12,258 9,718 12,484 12.0 3.8 4.6 3.6 4.5

At contracting establishments

25,632 7,807 8,588 7,981 10,182 9.7 3.0 3.2 3.0 3.7

At closing establishments

6,107 1,988 3,670 1,737 2,302 2.3 0.8 1.4 0.6 0.8

Net employment change (2)

-24,104 9,462 2,357 6,070 -469 -9.2 3.6 0.9 2.2 -0.1

Leisure and hospitality

Gross job gains

8,517 27,560 14,205 28,234 18,965 4.9 17.2 8.7 16.8 10.7

At expanding establishments

5,909 22,697 11,708 24,237 15,117 3.4 14.2 7.2 14.4 8.5

At opening establishments

2,608 4,863 2,497 3,997 3,848 1.5 3.0 1.5 2.4 2.2

Gross job losses

67,107 9,908 20,329 10,760 14,658 38.3 6.2 12.4 6.4 8.3

At contracting establishments

57,834 7,847 17,096 9,146 12,065 33.0 4.9 10.4 5.4 6.8

At closing establishments

9,273 2,061 3,233 1,614 2,593 5.3 1.3 2.0 1.0 1.5

Net employment change (2)

-58,590 17,652 -6,124 17,474 4,307 -33.4 11.0 -3.7 10.4 2.4

Other services (3)

Gross job gains

2,286 4,247 3,222 3,789 3,359 5.8 11.3 8.4 9.8 8.5

At expanding establishments

1,496 3,108 2,410 2,720 2,577 3.8 8.3 6.3 7.0 6.5

At opening establishments

790 1,139 812 1,069 782 2.0 3.0 2.1 2.8 2.0

Gross job losses

7,788 2,605 3,734 2,436 3,089 19.8 6.9 9.8 6.3 7.8

At contracting establishments

6,338 1,925 2,466 1,900 2,487 16.1 5.1 6.5 4.9 6.3

At closing establishments

1,450 680 1,268 536 602 3.7 1.8 3.3 1.4 1.5

Net employment change (2)

-5,502 1,642 -512 1,353 270 -14.0 4.4 -1.4 3.5 0.7

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)
June
2020
Sept.
2020
Dec.
2020
Mar.
2021
June
2021
June
2020
Sept.
2020
Dec.
2020
Mar.
2021
June
2021

United States(1)

4.8 9.5 7.4 6.8 6.7 17.0 6.0 5.7 5.4 5.9

Alabama

4.7 7.8 7.6 5.9 6.2 12.6 5.9 5.5 5.9 6.0

Alaska

6.6 12.2 13.4 11.0 9.5 24.3 9.8 7.7 9.4 9.2

Arizona

5.8 7.8 7.3 6.3 6.8 11.8 6.1 5.0 5.5 6.0

Arkansas

4.8 7.6 7.2 5.9 5.5 12.1 5.7 5.2 5.1 5.6

California

5.3 8.9 8.5 7.7 7.8 18.6 7.1 6.1 5.9 6.4

Colorado

5.7 10.1 7.5 8.6 7.8 15.1 6.4 7.2 5.6 6.4

Connecticut

4.3 11.4 6.6 6.3 6.6 19.5 5.1 5.9 5.3 5.9

Delaware

4.9 10.3 6.8 6.8 6.4 17.0 6.4 6.0 6.0 6.4

District of Columbia

3.3 8.2 5.3 5.5 7.0 22.3 5.7 5.5 5.3 5.4

Florida

6.0 9.5 8.0 6.9 7.8 14.1 6.7 6.0 5.8 6.2

Georgia

5.3 9.3 7.9 6.7 6.9 14.9 6.5 5.2 5.7 6.2

Hawaii

3.6 7.5 14.7 8.5 10.7 30.3 12.2 4.6 5.9 5.6

Idaho

6.3 8.4 8.7 8.1 7.2 11.2 6.4 6.1 5.7 7.2

Illinois

4.5 9.7 6.5 7.2 6.0 18.2 5.6 6.1 4.9 5.6

Indiana

4.6 8.3 6.8 6.0 5.7 13.5 5.2 5.0 5.1 6.0

Iowa

4.4 7.5 6.8 6.1 6.0 13.0 5.5 5.1 5.4 6.0

Kansas

5.0 7.9 7.0 6.2 6.2 13.3 5.9 5.9 5.5 6.1

Kentucky

4.6 9.0 7.3 7.3 6.4 15.2 5.1 6.1 5.1 6.5

Louisiana

4.4 9.1 8.7 6.4 6.8 16.8 7.0 5.6 5.9 6.2

Maine

5.2 12.3 8.5 9.0 7.7 21.9 6.0 6.3 6.3 7.8

Maryland

4.8 11.2 7.3 6.3 6.6 21.5 5.5 5.8 5.5 6.6

Massachusetts

3.7 12.4 7.0 6.6 6.9 24.2 5.4 5.5 5.0 5.7

Michigan

4.0 10.9 6.7 8.5 6.2 20.5 4.8 6.9 4.9 5.6

Minnesota

4.2 9.0 6.9 9.2 6.1 17.6 5.4 6.8 4.9 5.5

Mississippi

5.0 8.7 8.0 5.6 6.4 12.9 5.5 4.9 6.6 6.5

Missouri

4.6 8.5 7.1 6.3 6.0 14.4 5.7 5.2 5.3 6.3

Montana

6.8 9.9 9.4 8.8 8.3 13.9 7.2 6.8 6.9 8.1

Nebraska

4.8 8.2 6.8 6.5 6.2 12.2 5.8 5.5 6.2 6.0

Nevada

5.3 12.9 8.8 7.3 9.5 29.5 6.4 5.7 5.5 5.7

New Hampshire

4.5 11.8 7.4 7.4 7.0 18.8 5.3 6.4 5.4 6.4

New Jersey

4.8 15.7 8.1 7.0 7.2 28.3 5.6 5.9 5.6 5.7

New Mexico

4.5 8.5 7.3 8.5 7.1 17.7 6.1 7.5 5.7 6.6

New York

3.9 13.3 7.4 6.9 7.1 26.9 5.9 6.3 5.4 5.7

North Carolina

4.9 8.7 7.9 6.6 6.4 14.6 5.6 5.0 5.4 5.8

North Dakota

5.3 8.9 7.2 7.8 6.9 17.1 6.9 7.1 6.5 6.5

Ohio

4.5 7.8 6.6 6.1 5.9 14.4 5.3 5.2 5.0 5.8

Oklahoma

5.5 7.1 7.9 6.1 6.5 12.3 6.6 5.8 6.1 6.0

Oregon

5.0 9.0 7.4 8.5 6.6 18.2 6.3 6.5 5.6 6.6

Pennsylvania

3.6 10.3 6.2 6.4 5.6 18.3 4.9 5.3 4.6 5.3

Rhode Island

4.5 13.0 7.6 9.8 7.0 25.1 5.3 7.1 5.5 6.4

South Carolina

5.0 8.8 8.0 6.2 6.3 14.6 5.9 5.2 6.1 6.5

South Dakota

5.1 8.6 7.2 7.3 6.8 11.5 5.5 6.2 6.0 5.8

Tennessee

4.4 8.1 7.5 5.6 5.9 13.9 5.5 4.6 5.0 5.8

Texas

4.7 7.3 7.6 5.7 6.7 13.8 6.1 4.8 5.0 5.4

Utah

6.6 9.1 8.1 7.1 6.9 10.9 6.3 5.6 6.1 6.0

Vermont

4.6 12.9 7.6 8.2 8.4 18.4 5.8 8.0 6.1 6.8

Virginia

4.6 10.4 7.0 6.0 6.2 18.3 5.4 5.3 5.4 6.0

Washington

4.8 8.9 7.2 7.9 6.7 17.4 6.3 6.1 5.4 5.8

West Virginia

5.1 8.9 7.4 7.2 6.5 14.1 6.9 6.2 5.8 6.4

Wisconsin

4.3 7.6 6.3 5.8 5.8 14.4 5.1 5.1 4.7 5.4

Wyoming

6.4 10.8 10.0 9.1 8.8 17.9 7.7 7.7 8.3 8.5

Puerto Rico

4.1 11.1 6.6 6.6 7.7 16.9 5.1 4.9 5.0 5.0

Virgin Islands

5.3 7.8 9.9 7.4 10.6 18.8 12.5 5.8 10.8 6.2

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

 

Last Modified Date: Tuesday, February 08, 2022