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News Release Information

23-1677-ATL
Thursday, August 03, 2023

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

Business Employment Dynamics in Mississippi — Fourth Quarter 2022

From September 2022 to December 2022, gross job gains from opening and expanding private-sector establishments in Mississippi were 63,191, while gross job losses from closing and contracting private-sector establishments were 57,468, 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 5,723 jobs in the private sector during the fourth quarter of 2022. During the previous quarter, gross job gains exceeded gross job losses by 7,498. (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 fourth quarter of 2022, gross job gains represented 6.8 percent of private-sector employment in Mississippi; nationally, gross job gains accounted for 6.2 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 Mississippi, gross job gains at expanding establishments totaled 51,270 in the fourth quarter of 2022, a decrease of 903 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 11,921 jobs gained in the fourth quarter of 2022, a decrease of 1,733 jobs from the previous quarter.

Gross job losses

In the fourth quarter of 2022, gross job losses represented 6.2 percent of private-sector employment in Mississippi; 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 Mississippi, contracting establishments lost 46,306 jobs in the fourth quarter of 2022, a decrease of 35 jobs from the prior quarter. Closing establishments lost 11,162 jobs, a decrease of 826 jobs from the previous quarter.

Industries

Gross job gains exceeded gross job losses in 8 of 10 industry sectors in Mississippi in the fourth quarter of 2022. Transportation and warehousing had the largest over-the-quarter net job increase, with a gain of 2,309 jobs. This was the result of 5,020 gross job gains and 2,711 gross job losses. The construction industry had a net gain of 1,214 jobs, followed by the leisure and hospitality industry, with a net gain of 1,099 jobs. In contrast, Mississippi’s manufacturing industry sector had a net loss of 1,569 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 2023 are scheduled to be released on Wednesday, October 25, 2023, at 10:00 a.m. (ET).

Revisions to Business Employment Dynamics (BED) Data

The release of First Quarter 2023 Business Employment Dynamics data, scheduled for October 25, 2023, will incorporate annual revisions in accordance with standard procedures. The revisions will include the previous four quarters of not seasonally adjusted data and five years of seasonally adjusted data.


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 units with positive third month employment in the previous quarter and either not reported, or reported with zero employment, 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; Telecommunications Relay Service: 7-1-1.

Table 1. Private sector gross job gains and losses by industry, Mississippi, seasonally adjusted
Category Gross job gains and losses
(3 months ended)
Gross job gains and losses
as a percent of employment
(3 months ended)
Dec.
2021
Mar.
2022
June
2022
Sept.
2022
Dec.
2022
Dec.
2021
Mar.
2022
June
2022
Sept.
2022
Dec.
2022

Total private (1)

Gross job gains

71,413 56,306 59,418 65,827 63,191 7.9 6.1 6.5 7.2 6.8

At expanding establishments

59,504 45,932 47,639 52,173 51,270 6.6 5.0 5.2 5.7 5.5

At opening establishments

11,909 10,374 11,779 13,654 11,921 1.3 1.1 1.3 1.5 1.3

Gross job losses

50,814 55,380 64,134 58,329 57,468 5.7 6.0 7.0 6.3 6.2

At contracting establishments

41,336 46,943 52,246 46,341 46,306 4.6 5.1 5.7 5.0 5.0

At closing establishments

9,478 8,437 11,888 11,988 11,162 1.1 0.9 1.3 1.3 1.2

Net employment change (2)

20,599 926 -4,716 7,498 5,723 2.2 0.1 -0.5 0.9 0.6

Construction

Gross job gains

5,527 4,312 3,593 4,058 4,518 11.9 9.1 7.8 9.0 9.8

At expanding establishments

4,673 3,450 2,781 3,381 3,747 10.1 7.3 6.0 7.5 8.1

At opening establishments

854 862 812 677 771 1.8 1.8 1.8 1.5 1.7

Gross job losses

3,689 4,308 5,436 3,968 3,304 8.0 9.1 11.8 8.8 7.2

At contracting establishments

2,968 3,684 4,416 3,229 2,624 6.4 7.8 9.6 7.2 5.7

At closing establishments

721 624 1,020 739 680 1.6 1.3 2.2 1.6 1.5

Net employment change (2)

1,838 4 -1,843 90 1,214 3.9 0.0 -4.0 0.2 2.6

Manufacturing

Gross job gains

6,305 4,801 5,374 6,531 5,282 4.3 3.3 3.6 4.4 3.6

At expanding establishments

5,961 4,534 5,082 6,142 4,958 4.1 3.1 3.4 4.1 3.4

At opening establishments

344 267 292 389 324 0.2 0.2 0.2 0.3 0.2

Gross job losses

3,692 4,245 5,875 6,247 6,851 2.5 2.9 4.0 4.3 4.7

At contracting establishments

3,234 3,721 5,274 5,864 4,973 2.2 2.5 3.6 4.0 3.4

At closing establishments

458 524 601 383 1,878 0.3 0.4 0.4 0.3 1.3

Net employment change (2)

2,613 556 -501 284 -1,569 1.8 0.4 -0.4 0.1 -1.1

Wholesale trade

Gross job gains

2,109 1,821 1,784 2,084 1,958 6.2 5.2 5.1 5.9 5.5

At expanding establishments

1,595 1,502 1,281 1,692 1,482 4.7 4.3 3.7 4.8 4.2

At opening establishments

514 319 503 392 476 1.5 0.9 1.4 1.1 1.3

Gross job losses

1,584 1,490 2,194 1,646 1,574 4.7 4.3 6.3 4.7 4.4

At contracting establishments

1,223 1,225 1,718 1,237 1,288 3.6 3.5 4.9 3.5 3.6

At closing establishments

361 265 476 409 286 1.1 0.8 1.4 1.2 0.8

Net employment change (2)

525 331 -410 438 384 1.5 0.9 -1.2 1.2 1.1

Retail trade

Gross job gains

8,923 7,769 8,406 9,136 9,050 6.5 5.6 6.1 6.6 6.5

At expanding establishments

7,738 6,649 7,324 7,525 7,623 5.6 4.8 5.3 5.4 5.5

At opening establishments

1,185 1,120 1,082 1,611 1,427 0.9 0.8 0.8 1.2 1.0

Gross job losses

7,793 7,732 8,901 8,474 8,689 5.6 5.6 6.4 6.0 6.2

At contracting establishments

6,635 6,918 7,813 7,162 7,563 4.8 5.0 5.6 5.1 5.4

At closing establishments

1,158 814 1,088 1,312 1,126 0.8 0.6 0.8 0.9 0.8

Net employment change (2)

1,130 37 -495 662 361 0.9 0.0 -0.3 0.6 0.3

Transportation and warehousing

Gross job gains

5,172 3,245 3,090 6,178 5,020 9.1 5.6 5.3 10.4 8.1

At expanding establishments

4,612 2,916 2,483 2,451 4,603 8.1 5.0 4.3 4.1 7.4

At opening establishments

560 329 607 3,727 417 1.0 0.6 1.0 6.3 0.7

Gross job losses

2,223 3,145 3,622 3,253 2,711 3.9 5.3 6.2 5.5 4.4

At contracting establishments

1,742 2,891 3,292 2,790 2,088 3.1 4.9 5.6 4.7 3.4

At closing establishments

481 254 330 463 623 0.8 0.4 0.6 0.8 1.0

Net employment change (2)

2,949 100 -532 2,925 2,309 5.2 0.3 -0.9 4.9 3.7

Financial activities

Gross job gains

3,095 2,784 2,813 2,832 2,539 7.3 6.5 6.6 6.4 5.8

At expanding establishments

2,430 2,265 2,101 2,213 1,923 5.7 5.3 4.9 5.0 4.4

At opening establishments

665 519 712 619 616 1.6 1.2 1.7 1.4 1.4

Gross job losses

2,267 2,486 3,256 2,407 2,668 5.4 5.8 7.5 5.5 6.0

At contracting establishments

1,562 1,858 2,125 1,633 1,740 3.7 4.3 4.9 3.7 3.9

At closing establishments

705 628 1,131 774 928 1.7 1.5 2.6 1.8 2.1

Net employment change (2)

828 298 -443 425 -129 1.9 0.7 -0.9 0.9 -0.2

Professional and business services

Gross job gains

15,587 9,538 10,192 12,527 11,162 13.1 8.0 8.7 10.7 9.4

At expanding establishments

12,958 7,660 7,579 10,275 8,789 10.9 6.4 6.5 8.8 7.4

At opening establishments

2,629 1,878 2,613 2,252 2,373 2.2 1.6 2.2 1.9 2.0

Gross job losses

9,381 12,090 14,508 10,184 10,372 7.9 10.1 12.4 8.7 8.8

At contracting establishments

7,367 10,403 11,704 7,736 8,621 6.2 8.7 10.0 6.6 7.3

At closing establishments

2,014 1,687 2,804 2,448 1,751 1.7 1.4 2.4 2.1 1.5

Net employment change (2)

6,206 -2,552 -4,316 2,343 790 5.2 -2.1 -3.7 2.0 0.6

Education and health services

Gross job gains

7,614 7,479 9,154 6,456 8,593 5.5 5.4 6.4 4.5 6.0

At expanding establishments

6,218 6,129 7,319 5,650 7,018 4.5 4.4 5.1 3.9 4.9

At opening establishments

1,396 1,350 1,835 806 1,575 1.0 1.0 1.3 0.6 1.1

Gross job losses

7,651 6,587 4,992 7,279 7,627 5.5 4.7 3.5 5.0 5.3

At contracting establishments

6,197 5,063 3,596 5,208 6,196 4.5 3.6 2.5 3.6 4.3

At closing establishments

1,454 1,524 1,396 2,071 1,431 1.0 1.1 1.0 1.4 1.0

Net employment change (2)

-37 892 4,162 -823 966 0.0 0.7 2.9 -0.5 0.7

Leisure and hospitality

Gross job gains

11,961 10,296 10,779 11,767 10,846 9.3 7.9 8.2 8.9 8.1

At expanding establishments

9,828 7,599 8,540 9,499 8,154 7.6 5.8 6.5 7.2 6.1

At opening establishments

2,133 2,697 2,239 2,268 2,692 1.7 2.1 1.7 1.7 2.0

Gross job losses

8,607 9,315 10,698 10,689 9,747 6.7 7.2 8.1 8.0 7.3

At contracting establishments

7,301 8,147 8,812 8,526 8,173 5.7 6.3 6.7 6.4 6.1

At closing establishments

1,306 1,168 1,886 2,163 1,574 1.0 0.9 1.4 1.6 1.2

Net employment change (2)

3,354 981 81 1,078 1,099 2.6 0.7 0.1 0.9 0.8

Other services (3)

Gross job gains

2,029 1,650 1,655 1,673 1,735 9.9 8.1 8.1 8.2 8.5

At expanding establishments

1,598 1,284 1,248 1,328 1,244 7.8 6.3 6.1 6.5 6.1

At opening establishments

431 366 407 345 491 2.1 1.8 2.0 1.7 2.4

Gross job losses

1,464 1,577 1,725 1,750 1,501 7.1 7.7 8.4 8.7 7.4

At contracting establishments

1,273 1,169 1,248 1,169 1,176 6.2 5.7 6.1 5.8 5.8

At closing establishments

191 408 477 581 325 0.9 2.0 2.3 2.9 1.6

Net employment change (2)

565 73 -70 -77 234 2.8 0.4 -0.3 -0.5 1.1

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.
2021
Mar.
2022
June
2022
Sept.
2022
Dec.
2022
Dec.
2021
Mar.
2022
June
2022
Sept.
2022
Dec.
2022

United States(1)

7.7 6.6 6.4 6.8 6.2 5.4 5.4 6.7 5.8 5.9

Alabama

7.6 6.2 6.6 7.1 6.5 5.2 6.0 7.0 6.2 6.0

Alaska

11.8 10.1 10.1 8.6 10.9 8.7 9.3 9.6 10.3 9.3

Arizona

6.8 6.8 6.7 7.9 6.7 5.0 5.7 7.3 5.5 6.1

Arkansas

7.8 5.9 5.6 6.4 6.1 4.8 5.4 6.0 5.5 5.3

California

8.5 7.4 6.6 6.7 6.5 5.5 5.6 7.2 6.1 6.6

Colorado

7.6 7.5 7.3 5.0 7.6 6.1 6.3 6.7 5.8 6.9

Connecticut

6.9 6.3 6.3 6.3 5.9 5.3 5.3 6.5 6.2 6.0

Delaware

8.2 7.3 6.5 8.6 6.7 6.0 5.6 8.2 6.1 7.6

District of Columbia

7.3 6.0 6.0 7.2 5.6 4.9 4.9 6.8 4.8 5.6

Florida

7.7 6.5 7.5 7.8 6.2 6.0 5.7 6.9 5.5 6.1

Georgia

7.9 6.8 6.6 7.0 6.5 5.5 5.7 6.7 6.0 5.9

Hawaii

7.1 6.1 5.9 6.2 6.0 5.1 5.1 5.9 4.8 4.8

Idaho

8.5 8.5 7.1 8.5 8.4 6.3 6.2 9.1 7.5 6.9

Illinois

7.5 6.2 5.9 6.0 5.4 4.9 5.0 5.9 5.3 5.2

Indiana

7.3 6.0 5.6 6.4 5.7 4.7 4.8 6.8 5.5 5.2

Iowa

6.6 6.5 5.8 5.8 6.4 5.4 5.3 6.7 6.0 6.3

Kansas

7.6 6.2 6.5 7.6 6.3 5.3 5.4 7.5 5.6 5.6

Kentucky

7.4 6.6 6.3 6.7 5.9 4.9 5.0 8.7 5.4 5.3

Louisiana

9.6 6.5 6.6 7.3 6.0 5.8 7.1 7.3 5.7 6.5

Maine

8.2 8.0 17.7 7.4 7.3 6.9 6.1 8.1 7.4 6.9

Maryland

7.3 6.6 6.7 7.5 6.4 5.3 5.9 8.1 6.0 6.7

Massachusetts

7.0 6.6 6.1 6.2 5.5 5.7 5.1 5.4 6.1 5.8

Michigan

7.5 6.3 6.0 5.7 5.9 5.2 5.1 6.5 5.9 5.2

Minnesota

7.3 6.0 6.6 6.8 6.2 5.2 5.4 7.1 6.0 6.0

Mississippi

7.9 6.1 6.5 7.2 6.8 5.7 6.0 7.0 6.3 6.2

Missouri

7.4 6.5 6.3 6.8 6.0 5.5 5.4 5.9 6.3 5.8

Montana

9.9 9.3 8.2 8.5 9.2 7.2 8.5 9.4 7.7 7.8

Nebraska

7.0 6.8 6.0 6.9 5.9 5.8 5.9 6.6 6.2 5.7

Nevada

8.3 6.8 6.9 7.6 6.4 4.8 5.2 6.7 5.7 6.2

New Hampshire

7.6 7.7 6.6 6.9 6.7 6.4 5.4 7.9 6.7 6.0

New Jersey

8.7 7.1 6.5 6.8 6.8 5.4 5.5 6.3 6.3 5.9

New Mexico

8.2 7.4 6.5 7.7 6.5 6.3 6.2 7.1 5.9 6.2

New York

7.7 6.7 7.1 6.7 6.0 5.4 5.2 6.6 6.0 6.2

North Carolina

8.1 6.5 6.3 6.6 5.9 5.0 5.3 6.2 5.9 5.4

North Dakota

7.6 7.5 6.8 7.6 6.4 6.5 6.5 6.7 6.4 6.7

Ohio

7.0 6.1 5.7 5.8 5.9 5.2 4.8 6.3 5.6 5.8

Oklahoma

7.6 6.3 6.4 7.1 6.6 5.9 5.7 6.2 5.5 6.0

Oregon

7.8 7.5 6.1 6.7 6.5 6.1 5.7 7.1 8.6 6.4

Pennsylvania

6.8 6.3 5.5 6.1 5.5 4.8 4.9 5.6 5.2 5.1

Rhode Island

8.5 7.9 7.0 6.7 6.9 6.6 5.7 7.3 7.4 6.5

South Carolina

7.9 6.9 6.4 7.3 7.0 5.3 6.2 6.9 5.6 6.2

South Dakota

7.2 7.7 6.6 7.3 6.5 5.9 6.1 6.8 6.4 6.4

Tennessee

7.3 6.6 6.3 7.0 5.8 5.6 4.7 6.4 5.4 5.7

Texas

7.7 6.3 6.5 7.4 6.2 4.8 5.4 6.1 5.2 5.3

Utah

7.5 7.8 7.0 7.9 6.8 6.0 5.9 6.8 6.7 6.6

Vermont

8.1 8.0 7.3 7.2 7.8 6.9 6.3 8.4 8.0 7.1

Virginia

7.2 6.4 6.5 7.5 6.2 5.3 5.8 7.0 6.1 5.8

Washington

7.8 7.3 7.0 7.1 5.9 5.3 5.0 7.1 6.1 5.3

West Virginia

7.9 7.3 6.3 6.8 6.7 6.0 5.9 7.9 6.5 6.6

Wisconsin

6.6 6.5 5.9 6.1 6.1 5.2 4.8 6.8 5.9 5.6

Wyoming

10.1 8.9 8.4 9.2 9.2 7.8 8.3 9.1 8.5 8.0

Puerto Rico

6.4 7.0 6.5 6.2 6.7 5.5 4.9 6.1 5.2 6.1

Virgin Islands

8.0 6.9 8.8 7.9 6.0 9.5 10.3 12.6 4.9 4.3

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

 

Last Modified Date: Thursday, August 03, 2023