News Release Information

17-1588-ATL
Thursday, December 07, 2017

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

Business Employment Dynamics in North Carolina – First Quarter 2017

From December 2016 to March 2017 gross job gains in North Carolina totaled 222,190, while gross job losses numbered 199,056, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Janet S. Rankin noted that gross job gains exceeded gross job losses by 23,134. During the previous quarter, gross job gains exceeded gross job losses by 20,299. (See table 1.)

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. Business Employment Dynamics (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 job gains and the number of gross job losses is the net change in employment. (See the Technical Note for more information.)

North Carolina’s gross job gains have remained above 200,000 each quarter since June 2010. Following a peak of 232,511 in December 2015, gross job gains declined to 222,190 by March 2017. North Carolina’s gross job losses declined from a recent high of 208,519 in September 2016 to 199,056 in March 2017. (See chart 1.)

North Carolina’s rate of gross job gains as a percent of private sector employment was 6.2 percent in the first quarter of 2017; nationally gross job gains accounted for 6.0 percent of private sector employment. (See chart 2.) Gross job losses represented 5.5 percent of private sector employment in North Carolina, while nationally gross job losses accounted for 5.4 percent of private sector employment in the first quarter of 2017. With few exceptions, North Carolina’s rate of job losses has been equal to or below the U.S. rate since March 2013.

During the first quarter of 2017, gross job gains exceeded gross job losses in 10 of the 11 industry sectors in North Carolina. Leisure and hospitality added nearly 44,600 jobs in opening and expanding establishments, and lost more than 37,600 jobs in closing and contracting establishments. The resulting net gain of 6,932 jobs was the largest of any North Carolina sector in the first quarter of 2017. In professional and business services, approximately 45,700 jobs were added in opening and expanding establishments, while about 39,900 jobs were lost in closing and contracting establishments, resulting in a net gain of 5,789 jobs. Four other industry sectors—retail trade, education and health services, construction, and financial activities—had gross job gains that exceeded gross job losses by more than 1,200. Net employment gains in the other four sectors were under 850. (See table 1.)

Transportation and warehousing was the only industry sector in North Carolina with gross job losses that exceeded gross job gains in the first quarter of 2017. With more than 5,200 gross jobs gains in opening and expanding establishments, and about 9,200 jobs losses in closing and contracting establishments, transportation and warehousing had a net loss of 3,960 jobs.

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 Second Quarter 2017 are scheduled to be released on Wednesday, January 24, 2018.

Revisions to Business Employment Dynamics (BED) Data

Data in this release incorporate annual revisions to the BED series. Annual revisions are published each year with the release of first quarter data. These revisions cover the last 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 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, North Carolina, 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)
Mar.
2016
June
2016
Sept
2016
Dec.
2016
Mar.
2017
Mar.
2016
June
2016
Sept
2016
Dec.
2016
Mar.
2017

Total private (1)

 

Gross job gains

213,858 223,089 221,742 225,601 222,190 6.1 6.3 6.3 6.3 6.2

At expanding establishments

173,054 180,361 180,396 186,236 179,452 4.9 5.1 5.1 5.2 5.0

At opening establishments

40,804 42,728 41,346 39,365 42,738 1.2 1.2 1.2 1.1 1.2

Gross job losses

197,618 207,520 208,519 205,302 199,056 5.6 5.8 5.9 5.7 5.5

At contracting establishments

162,670 168,670 169,463 167,887 165,113 4.6 4.7 4.8 4.7 4.6

At closing establishments

34,948 38,850 39,056 37,415 33,943 1.0 1.1 1.1 1.0 0.9

Net employment change (2)

16,240 15,569 13,223 20,299 23,134 0.5 0.5 0.4 0.6 0.7

Construction

 

Gross job gains

17,764 17,419 17,377 17,501 17,324 9.0 8.8 8.6 8.6 8.3

At expanding establishments

13,370 13,487 13,525 13,986 13,546 6.8 6.8 6.7 6.9 6.5

At opening establishments

4,394 3,932 3,852 3,515 3,778 2.2 2.0 1.9 1.7 1.8

Gross job losses

14,469 15,519 14,895 14,685 15,022 7.3 7.7 7.4 7.2 7.2

At contracting establishments

11,289 12,258 11,429 11,456 11,480 5.7 6.1 5.7 5.6 5.5

At closing establishments

3,180 3,261 3,466 3,229 3,542 1.6 1.6 1.7 1.6 1.7

Net employment change (2)

3,295 1,900 2,482 2,816 2,302 1.7 1.1 1.2 1.4 1.1

Manufacturing

 

Gross job gains

12,432 14,500 14,062 14,112 14,071 2.7 3.1 3.1 3.0 3.1

At expanding establishments

11,598 13,190 12,853 12,999 12,875 2.5 2.8 2.8 2.8 2.8

At opening establishments

834 1,310 1,209 1,113 1,196 0.2 0.3 0.3 0.2 0.3

Gross job losses

13,895 14,931 14,843 12,925 13,776 3.0 3.2 3.2 2.8 2.9

At contracting establishments

12,883 13,359 13,428 11,536 12,652 2.8 2.9 2.9 2.5 2.7

At closing establishments

1,012 1,572 1,415 1,389 1,124 0.2 0.3 0.3 0.3 0.2

Net employment change (2)

-1,463 -431 -781 1,187 295 -0.3 -0.1 -0.1 0.2 0.2

Wholesale trade

 

Gross job gains

8,925 9,992 8,653 9,060 8,467 5.0 5.5 4.7 4.9 4.6

At expanding establishments

7,334 7,969 6,987 7,179 6,782 4.1 4.4 3.8 3.9 3.7

At opening establishments

1,591 2,023 1,666 1,881 1,685 0.9 1.1 0.9 1.0 0.9

Gross job losses

7,979 8,338 8,062 7,447 7,656 4.4 4.6 4.4 4.0 4.2

At contracting establishments

5,825 6,128 5,988 5,909 5,914 3.2 3.4 3.3 3.2 3.2

At closing establishments

2,154 2,210 2,074 1,538 1,742 1.2 1.2 1.1 0.8 1.0

Net employment change (2)

946 1,654 591 1,613 811 0.6 0.9 0.3 0.9 0.4

Retail trade

 

Gross job gains

30,806 31,022 31,161 28,981 32,302 6.3 6.2 6.2 5.9 6.5

At expanding establishments

26,122 26,381 26,510 25,247 26,419 5.3 5.3 5.3 5.1 5.3

At opening establishments

4,684 4,641 4,651 3,734 5,883 1.0 0.9 0.9 0.8 1.2

Gross job losses

27,161 28,020 29,739 29,369 28,976 5.6 5.6 6.0 5.9 5.8

At contracting establishments

23,954 24,372 25,424 25,509 25,475 4.9 4.9 5.1 5.1 5.1

At closing establishments

3,207 3,648 4,315 3,860 3,501 0.7 0.7 0.9 0.8 0.7

Net employment change (2)

3,645 3,002 1,422 -388 3,326 0.7 0.6 0.2 0.0 0.7

Transportation and warehousing

 

Gross job gains

5,906 5,910 6,572 11,133 5,223 4.8 4.9 5.4 9.0 4.1

At expanding establishments

4,756 5,154 5,697 10,112 4,339 3.9 4.3 4.7 8.2 3.4

At opening establishments

1,150 756 875 1,021 884 0.9 0.6 0.7 0.8 0.7

Gross job losses

7,540 6,345 5,499 5,597 9,183 6.2 5.3 4.6 4.5 7.2

At contracting establishments

6,705 5,123 4,442 4,583 8,500 5.5 4.3 3.7 3.7 6.7

At closing establishments

835 1,222 1,057 1,014 683 0.7 1.0 0.9 0.8 0.5

Net employment change (2)

-1,634 -435 1,073 5,536 -3,960 -1.4 -0.4 0.8 4.5 -3.1

Information

 

Gross job gains

3,419 3,771 3,182 3,914 3,325 4.3 4.8 4.0 5.0 4.2

At expanding establishments

2,689 3,030 2,388 3,233 2,669 3.4 3.9 3.0 4.1 3.4

At opening establishments

730 741 794 681 656 0.9 0.9 1.0 0.9 0.8

Gross job losses

2,860 3,137 3,765 3,128 2,974 3.6 4.0 4.7 4.0 3.7

At contracting establishments

2,434 2,287 3,025 2,512 2,327 3.1 2.9 3.8 3.2 2.9

At closing establishments

426 850 740 616 647 0.5 1.1 0.9 0.8 0.8

Net employment change (2)

559 634 -583 786 351 0.7 0.8 -0.7 1.0 0.5

Financial activities

 

Gross job gains

11,289 12,176 12,198 12,205 12,657 5.2 5.5 5.5 5.5 5.7

At expanding establishments

8,838 9,479 9,506 9,574 10,215 4.1 4.3 4.3 4.3 4.6

At opening establishments

2,451 2,697 2,692 2,631 2,442 1.1 1.2 1.2 1.2 1.1

Gross job losses

10,044 10,750 10,275 10,998 11,366 4.6 4.9 4.7 4.9 5.0

At contracting establishments

7,879 7,300 7,914 8,327 8,802 3.6 3.3 3.6 3.7 3.9

At closing establishments

2,165 3,450 2,361 2,671 2,564 1.0 1.6 1.1 1.2 1.1

Net employment change (2)

1,245 1,426 1,923 1,207 1,291 0.6 0.6 0.8 0.6 0.7

Professional and business services

 

Gross job gains

45,262 48,634 47,488 45,820 45,667 7.6 8.0 7.8 7.6 7.5

At expanding establishments

37,007 38,308 38,300 36,944 37,140 6.2 6.3 6.3 6.1 6.1

At opening establishments

8,255 10,326 9,188 8,876 8,527 1.4 1.7 1.5 1.5 1.4

Gross job losses

42,382 44,755 44,121 47,175 39,878 7.1 7.4 7.2 7.7 6.5

At contracting establishments

34,183 35,854 34,257 38,069 32,274 5.7 5.9 5.6 6.2 5.3

At closing establishments

8,199 8,901 9,864 9,106 7,604 1.4 1.5 1.6 1.5 1.2

Net employment change (2)

2,880 3,879 3,367 -1,355 5,789 0.5 0.6 0.6 -0.1 1.0

Education and health services

 

Gross job gains

24,962 25,294 26,892 24,822 24,827 4.4 4.5 4.8 4.3 4.4

At expanding establishments

20,929 20,684 22,376 20,115 21,089 3.7 3.7 4.0 3.5 3.7

At opening establishments

4,033 4,610 4,516 4,707 3,738 0.7 0.8 0.8 0.8 0.7

Gross job losses

23,934 23,519 22,595 23,261 21,725 4.3 4.1 3.9 4.1 3.8

At contracting establishments

18,901 18,818 18,391 18,180 17,815 3.4 3.3 3.2 3.2 3.1

At closing establishments

5,033 4,701 4,204 5,081 3,910 0.9 0.8 0.7 0.9 0.7

Net employment change (2)

1,028 1,775 4,297 1,561 3,102 0.1 0.4 0.9 0.2 0.6

Leisure and hospitality

 

Gross job gains

41,045 42,853 41,088 46,603 44,571 8.6 9.0 8.6 9.6 9.0

At expanding establishments

31,085 33,472 32,028 37,943 33,502 6.5 7.0 6.7 7.8 6.8

At opening establishments

9,960 9,381 9,060 8,660 11,069 2.1 2.0 1.9 1.8 2.2

Gross job losses

36,119 40,335 42,816 38,648 37,639 7.6 8.4 8.9 8.0 7.6

At contracting establishments

29,404 33,689 36,009 31,954 31,140 6.2 7.0 7.5 6.6 6.3

At closing establishments

6,715 6,646 6,807 6,694 6,499 1.4 1.4 1.4 1.4 1.3

Net employment change (2)

4,926 2,518 -1,728 7,955 6,932 1.0 0.6 -0.3 1.6 1.4

Other services (3)

 

Gross job gains

7,773 7,865 9,546 7,184 8,167 8.1 8.1 9.8 7.3 8.3

At expanding establishments

5,845 6,070 7,326 5,413 6,044 6.1 6.3 7.5 5.5 6.1

At opening establishments

1,928 1,795 2,220 1,771 2,123 2.0 1.8 2.3 1.8 2.2

Gross job losses

6,680 7,224 7,221 8,491 7,371 6.9 7.4 7.4 8.6 7.5

At contracting establishments

5,307 5,467 5,374 6,875 5,807 5.5 5.6 5.5 7.0 5.9

At closing establishments

1,373 1,757 1,847 1,616 1,564 1.4 1.8 1.9 1.6 1.6

Net employment change (2)

1,093 641 2,325 -1,307 796 1.2 0.7 2.4 -1.3 0.8

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)
Mar.
2016
June
2016
Sept.
2016
Dec.
2016
Mar.
2017
Mar.
2016
June
2016
Sept.
2016
Dec.
2016
Mar.
2017

United States(1)

6.0 6.2 6.4 6.2 6.0 5.7 6.0 5.8 5.9 5.4

Alabama

5.9 5.8 6.2 5.8 6.1 5.5 5.9 5.8 5.8 5.2

Alaska

9.6 10.4 9.1 9.8 9.4 9.6 11.2 11.2 10.0 9.8

Arizona

5.9 6.2 7.2 6.0 5.8 5.7 6.0 5.2 5.5 5.4

Arkansas

5.5 5.4 6.2 5.9 5.6 5.4 5.9 5.6 5.4 5.0

California

6.6 6.9 6.9 6.9 6.7 6.3 6.6 6.2 6.3 6.0

Colorado

6.6 7.0 7.1 6.6 6.8 6.1 6.5 6.2 6.5 6.2

Connecticut

5.3 5.4 5.2 5.1 5.5 5.0 5.4 5.4 5.2 5.1

Delaware

6.6 6.8 6.3 6.2 6.6 6.5 6.7 6.6 6.2 5.9

District of Columbia

5.3 5.9 6.2 5.6 5.7 5.6 5.8 5.8 5.6 4.7

Florida

6.2 6.5 7.4 6.7 6.1 5.8 5.9 5.8 6.1 5.5

Georgia

6.2 6.9 6.7 6.6 6.3 5.8 6.4 5.9 5.8 5.8

Hawaii

5.2 5.4 6.0 5.0 5.1 5.0 5.8 4.8 5.0 4.8

Idaho

8.2 7.2 7.9 7.5 7.9 6.5 7.0 7.3 6.7 6.3

Illinois

5.6 6.0 5.7 6.1 5.8 5.6 5.9 5.7 5.6 5.4

Indiana

5.5 5.4 5.8 5.4 5.7 5.3 5.2 5.1 5.2 5.1

Iowa

6.1 5.7 6.1 5.7 6.1 5.4 6.2 5.8 5.9 5.5

Kansas

5.8 5.7 6.2 5.9 5.8 5.9 6.3 5.6 5.7 5.6

Kentucky

5.9 6.2 6.8 6.1 5.7 6.0 6.0 6.3 5.8 5.4

Louisiana

6.0 6.0 6.8 5.9 6.4 6.7 6.9 6.5 6.5 5.9

Maine

7.2 7.7 6.7 7.4 7.2 6.9 6.8 7.4 7.1 6.4

Maryland

6.2 6.4 6.6 6.6 6.1 6.0 6.2 5.9 6.2 5.9

Massachusetts

5.4 6.0 5.7 5.6 5.5 5.1 5.2 5.4 5.4 5.1

Michigan

5.3 5.9 5.7 5.5 5.6 4.9 5.4 5.5 5.4 5.0

Minnesota

5.5 5.9 6.1 5.7 5.8 5.2 5.5 5.5 5.7 4.7

Mississippi

5.9 5.7 6.3 6.3 5.7 6.2 6.5 5.5 5.6 5.9

Missouri

5.6 5.7 5.7 5.7 5.9 5.3 5.4 5.4 5.6 4.9

Montana

7.9 7.9 7.6 7.8 8.1 7.3 8.6 7.7 7.5 7.1

Nebraska

5.9 5.7 6.4 5.7 5.9 5.5 5.9 5.9 6.2 5.2

Nevada

6.4 6.5 6.8 6.2 6.6 5.9 5.8 5.5 5.6 5.2

New Hampshire

6.0 6.5 6.4 6.3 5.7 5.8 5.9 6.3 5.9 5.6

New Jersey

5.8 6.4 6.3 6.4 5.5 6.0 5.7 5.9 5.9 5.8

New Mexico

6.4 6.4 7.0 6.6 6.4 6.4 6.7 6.2 6.5 6.2

New York

6.2 6.3 6.3 6.1 6.2 5.8 5.8 5.9 5.9 5.7

North Carolina

6.1 6.3 6.3 6.3 6.2 5.6 5.8 5.9 5.7 5.5

North Dakota

6.7 6.8 8.2 6.7 7.6 8.9 8.9 7.1 7.7 6.7

Ohio

5.5 5.6 5.7 5.7 5.7 5.2 5.7 5.7 5.4 5.1

Oklahoma

5.7 5.8 6.3 6.5 6.3 6.3 6.8 6.0 6.3 6.5

Oregon

7.1 6.8 6.9 6.6 6.9 5.8 6.6 6.4 6.3 5.7

Pennsylvania

5.4 5.3 5.6 5.4 5.2 5.3 5.4 5.1 5.1 5.0

Rhode Island

5.8 6.1 5.6 5.7 6.3 5.9 6.2 5.9 5.8 5.9

South Carolina

6.0 6.3 6.3 6.5 6.0 6.0 5.8 5.6 5.4 5.6

South Dakota

6.2 6.4 6.4 6.0 6.4 6.1 6.2 6.2 6.1 5.9

Tennessee

5.4 5.8 5.9 5.8 5.1 5.2 5.4 5.2 5.1 4.9

Texas

5.4 5.8 6.2 5.9 5.8 5.8 5.5 5.5 5.4 5.2

Utah

7.3 6.7 7.4 6.8 7.7 6.0 6.4 6.7 6.4 6.1

Vermont

6.7 7.4 7.2 7.0 6.6 6.9 7.2 7.4 7.0 6.8

Virginia

5.9 6.5 6.2 6.2 6.0 6.0 6.1 6.1 5.9 5.6

Washington

7.1 7.3 6.7 7.1 6.8 6.0 6.0 6.6 6.7 5.6

West Virginia

5.9 5.8 6.5 6.4 6.3 6.9 6.9 6.4 6.2 6.4

Wisconsin

5.6 5.7 5.5 5.5 5.9 5.2 5.7 5.6 5.3 4.8

Wyoming

8.1 7.7 8.5 8.8 8.8 9.4 10.6 8.8 8.7 8.1

Puerto Rico

5.7 5.6 5.8 5.8 5.1 6.0 5.5 5.7 5.4 5.7

Virgin Islands

6.0 6.5 6.2 6.0 5.3 5.8 5.7 6.8 6.0 5.5

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

 

Last Modified Date: Thursday, December 07, 2017