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News Release Information

21-1933-ATL
Thursday, November 04, 2021

Contacts

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

Business Employment Dynamics in North Carolina — First Quarter 2021

From December 2020 to March 2021, gross job gains from opening and expanding private-sector establishments in North Carolina were 249,484, while gross job losses from closing and contracting private-sector establishments were 200,141, 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 49,343 jobs in the private sector during the first quarter of 2021. During the previous quarter, gross job gains exceeded gross job losses by 106,442. (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 first quarter of 2021, gross job gains represented 6.6 percent of private-sector employment in North Carolina; nationally, gross job gains accounted for 6.8 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 North Carolina, gross job gains at expanding establishments totaled 188,437 in the first quarter of 2021, a decrease of 50,530 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 61,047 jobs gained in the first quarter of 2021, an increase of 11,053 jobs from the previous quarter.


Gross job losses

In the first quarter of 2021, gross job losses represented 5.4 percent of private-sector employment in North Carolina; nationally, gross job losses also accounted for 5.4 percent of private-sector employment. (See chart 2.) Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. In North Carolina, contracting establishments lost 170,348 jobs in the first quarter of 2021, an increase of 23,617 jobs from the prior quarter. Closing establishments lost 29,793 jobs, a decrease of 5,995 jobs from the previous quarter.


Industries

Gross job gains exceeded gross job losses in 10 of the 11 industry sectors in North Carolina in the first quarter of 2021. Professional and business services had the largest over-the-quarter net job increase, with a gain of 10,971 jobs. This was the result of 52,272 gross job gains and 41,301 gross job losses. North Carolina’s transportation and warehousing industry sector had a net loss of 3,888 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 Second Quarter 2021 are scheduled to be released on Wednesday, January 26, 2022, at 10:00 a.m. (ET).

Coronavirus (COVID-19) Effect on First 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, 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.
2020
June
2020
Sept.
2020
Dec.
2020
Mar.
2021
Mar.
2020
June
2020
Sept.
2020
Dec.
2020
Mar.
2021

Total private (1)

Gross job gains

224,389 177,407 308,279 288,961 249,484 5.9 4.9 8.7 7.9 6.6

At expanding establishments

182,096 138,981 251,493 238,967 188,437 4.8 3.8 7.1 6.5 5.0

At opening establishments

42,293 38,426 56,786 49,994 61,047 1.1 1.1 1.6 1.4 1.6

Gross job losses

222,011 532,972 197,428 182,519 200,141 5.8 14.6 5.6 5.0 5.4

At contracting establishments

184,630 456,593 158,818 146,731 170,348 4.8 12.5 4.5 4.0 4.6

At closing establishments

37,381 76,379 38,610 35,788 29,793 1.0 2.1 1.1 1.0 0.8

Net employment change (2)

2,378 -355,565 110,851 106,442 49,343 0.1 -9.7 3.1 2.9 1.2

Construction

Gross job gains

17,913 13,548 17,923 19,547 19,421 7.6 5.9 7.9 8.5 8.2

At expanding establishments

13,842 9,374 13,386 15,017 13,556 5.9 4.1 5.9 6.5 5.7

At opening establishments

4,071 4,174 4,537 4,530 5,865 1.7 1.8 2.0 2.0 2.5

Gross job losses

17,374 22,799 16,893 13,722 13,631 7.3 9.8 7.5 6.0 5.8

At contracting establishments

13,991 18,090 12,628 10,514 10,835 5.9 7.8 5.6 4.6 4.6

At closing establishments

3,383 4,709 4,265 3,208 2,796 1.4 2.0 1.9 1.4 1.2

Net employment change (2)

539 -9,251 1,030 5,825 5,790 0.3 -3.9 0.4 2.5 2.4

Manufacturing

Gross job gains

12,600 8,517 19,494 18,778 17,927 2.6 1.8 4.3 4.2 3.9

At expanding establishments

11,020 7,557 17,689 17,479 15,673 2.3 1.6 3.9 3.9 3.4

At opening establishments

1,580 960 1,805 1,299 2,254 0.3 0.2 0.4 0.3 0.5

Gross job losses

15,451 37,625 15,758 12,602 12,708 3.3 8.2 3.5 2.8 2.8

At contracting establishments

14,208 34,815 14,529 10,740 11,519 3.0 7.6 3.2 2.4 2.5

At closing establishments

1,243 2,810 1,229 1,862 1,189 0.3 0.6 0.3 0.4 0.3

Net employment change (2)

-2,851 -29,108 3,736 6,176 5,219 -0.7 -6.4 0.8 1.4 1.1

Wholesale trade

Gross job gains

9,302 7,105 9,857 11,474 9,962 4.9 3.8 5.5 6.3 5.3

At expanding establishments

7,570 5,209 8,211 9,186 7,297 4.0 2.8 4.6 5.0 3.9

At opening establishments

1,732 1,896 1,646 2,288 2,665 0.9 1.0 0.9 1.3 1.4

Gross job losses

7,996 17,021 8,049 6,358 7,126 4.2 9.2 4.5 3.4 3.8

At contracting establishments

6,220 14,536 6,064 4,991 5,446 3.3 7.9 3.4 2.7 2.9

At closing establishments

1,776 2,485 1,985 1,367 1,680 0.9 1.3 1.1 0.7 0.9

Net employment change (2)

1,306 -9,916 1,808 5,116 2,836 0.7 -5.4 1.0 2.9 1.5

Retail trade

Gross job gains

29,880 34,686 44,332 31,389 30,539 5.9 7.0 9.1 6.3 6.0

At expanding establishments

26,194 31,333 40,043 27,344 24,759 5.2 6.3 8.2 5.5 4.9

At opening establishments

3,686 3,353 4,289 4,045 5,780 0.7 0.7 0.9 0.8 1.1

Gross job losses

28,499 63,325 27,966 25,423 25,950 5.7 12.8 5.7 5.1 5.1

At contracting establishments

25,062 56,758 24,824 21,400 23,275 5.0 11.5 5.1 4.3 4.6

At closing establishments

3,437 6,567 3,142 4,023 2,675 0.7 1.3 0.6 0.8 0.5

Net employment change (2)

1,381 -28,639 16,366 5,966 4,589 0.2 -5.8 3.4 1.2 0.9

Transportation and warehousing

Gross job gains

13,200 12,497 18,183 25,552 9,147 8.8 8.4 11.9 15.0 5.1

At expanding establishments

11,979 11,281 15,888 23,288 7,171 8.0 7.6 10.4 13.7 4.0

At opening establishments

1,221 1,216 2,295 2,264 1,976 0.8 0.8 1.5 1.3 1.1

Gross job losses

10,642 16,230 7,845 6,018 13,035 7.1 10.9 5.2 3.5 7.3

At contracting establishments

9,441 14,337 6,695 4,964 11,946 6.3 9.6 4.4 2.9 6.7

At closing establishments

1,201 1,893 1,150 1,054 1,089 0.8 1.3 0.8 0.6 0.6

Net employment change (2)

2,558 -3,733 10,338 19,534 -3,888 1.7 -2.5 6.7 11.5 -2.2

Information

Gross job gains

3,810 2,903 3,672 5,006 5,140 5.0 3.9 5.1 6.9 6.9

At expanding establishments

3,273 2,285 2,572 3,750 3,848 4.3 3.1 3.6 5.2 5.2

At opening establishments

537 618 1,100 1,256 1,292 0.7 0.8 1.5 1.7 1.7

Gross job losses

3,263 7,490 3,788 3,438 2,869 4.3 10.1 5.3 4.8 3.9

At contracting establishments

2,188 6,236 2,916 2,436 2,201 2.9 8.4 4.1 3.4 3.0

At closing establishments

1,075 1,254 872 1,002 668 1.4 1.7 1.2 1.4 0.9

Net employment change (2)

547 -4,587 -116 1,568 2,271 0.7 -6.2 -0.2 2.1 3.0

Financial activities

Gross job gains

13,592 12,485 14,564 14,251 16,368 5.4 4.9 5.8 5.7 6.3

At expanding establishments

10,893 9,419 11,222 10,790 12,237 4.3 3.7 4.5 4.3 4.7

At opening establishments

2,699 3,066 3,342 3,461 4,131 1.1 1.2 1.3 1.4 1.6

Gross job losses

11,435 17,050 11,656 13,463 10,330 4.5 6.7 4.7 5.3 4.0

At contracting establishments

8,828 13,657 8,737 10,587 7,716 3.5 5.4 3.5 4.2 3.0

At closing establishments

2,607 3,393 2,919 2,876 2,614 1.0 1.3 1.2 1.1 1.0

Net employment change (2)

2,157 -4,565 2,908 788 6,038 0.9 -1.8 1.1 0.4 2.3

Professional and business services

Gross job gains

46,533 38,827 61,610 66,289 52,272 7.2 6.2 9.9 10.3 8.0

At expanding establishments

37,625 28,307 50,372 56,061 39,346 5.8 4.5 8.1 8.7 6.0

At opening establishments

8,908 10,520 11,238 10,228 12,926 1.4 1.7 1.8 1.6 2.0

Gross job losses

42,436 83,816 40,432 37,889 41,301 6.5 13.3 6.5 5.9 6.2

At contracting establishments

33,861 73,335 31,307 29,500 34,632 5.2 11.6 5.0 4.6 5.2

At closing establishments

8,575 10,481 9,125 8,389 6,669 1.3 1.7 1.5 1.3 1.0

Net employment change (2)

4,097 -44,989 21,178 28,400 10,971 0.7 -7.1 3.4 4.4 1.8

Education and health services

Gross job gains

25,779 17,055 33,936 31,457 30,472 4.2 2.9 5.9 5.4 5.1

At expanding establishments

21,309 12,748 27,646 25,275 23,379 3.5 2.2 4.8 4.3 3.9

At opening establishments

4,470 4,307 6,290 6,182 7,093 0.7 0.7 1.1 1.1 1.2

Gross job losses

24,086 58,345 23,504 22,603 24,011 4.0 9.9 4.1 3.8 4.1

At contracting establishments

19,932 51,339 19,010 18,311 20,538 3.3 8.7 3.3 3.1 3.5

At closing establishments

4,154 7,006 4,494 4,292 3,473 0.7 1.2 0.8 0.7 0.6

Net employment change (2)

1,693 -41,290 10,432 8,854 6,461 0.2 -7.0 1.8 1.6 1.0

Leisure and hospitality

Gross job gains

38,371 22,154 69,550 52,103 44,618 7.4 5.0 17.4 12.2 10.2

At expanding establishments

27,937 16,399 53,456 40,895 31,419 5.4 3.7 13.4 9.6 7.2

At opening establishments

10,434 5,755 16,094 11,208 13,199 2.0 1.3 4.0 2.6 3.0

Gross job losses

49,317 182,440 30,804 31,464 38,442 9.5 40.9 7.7 7.4 8.8

At contracting establishments

41,902 151,788 24,383 25,666 33,774 8.1 34.0 6.1 6.0 7.7

At closing establishments

7,415 30,652 6,421 5,798 4,668 1.4 6.9 1.6 1.4 1.1

Net employment change (2)

-10,946 -160,286 38,746 20,639 6,176 -2.1 -35.9 9.7 4.8 1.4

Other services (3)

Gross job gains

8,504 5,271 12,471 9,347 9,685 7.8 5.2 13.0 9.4 9.4

At expanding establishments

6,079 3,155 9,097 6,755 6,671 5.6 3.1 9.5 6.8 6.5

At opening establishments

2,425 2,116 3,374 2,592 3,014 2.2 2.1 3.5 2.6 2.9

Gross job losses

8,370 21,191 6,713 7,194 7,319 7.8 21.0 7.0 7.2 7.2

At contracting establishments

6,358 16,878 4,639 5,622 5,621 5.9 16.7 4.8 5.6 5.5

At closing establishments

2,012 4,313 2,074 1,572 1,698 1.9 4.3 2.2 1.6 1.7

Net employment change (2)

134 -15,920 5,758 2,153 2,366 0.0 -15.8 6.0 2.2 2.2

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

United States(1)

5.6 4.8 9.5 7.4 6.8 6.2 17.0 6.0 5.7 5.4

Alabama

5.5 4.7 7.8 7.6 5.9 5.9 12.6 5.9 5.5 5.9

Alaska

9.3 6.6 12.2 13.4 11.0 9.9 24.3 9.8 7.7 9.4

Arizona

5.7 5.8 7.8 7.3 6.3 6.0 11.8 6.1 5.0 5.5

Arkansas

5.1 4.8 7.6 7.2 5.9 5.6 12.1 5.7 5.2 5.1

California

6.1 5.3 8.9 8.5 7.7 6.9 18.6 7.1 6.1 5.9

Colorado

6.3 5.7 10.1 7.5 8.6 7.0 15.1 6.4 7.2 5.6

Connecticut

5.9 4.3 11.4 6.6 6.3 6.0 19.5 5.1 5.9 5.3

Delaware

6.1 4.9 10.3 6.8 6.8 6.7 17.0 6.4 6.0 6.0

District of Columbia

5.3 3.3 8.2 5.3 5.5 5.4 22.3 5.7 5.5 5.3

Florida

5.5 6.0 9.5 8.0 6.9 6.2 14.1 6.7 6.0 5.8

Georgia

5.7 5.3 9.3 7.9 6.7 6.3 14.9 6.5 5.2 5.7

Hawaii

5.4 3.6 7.5 14.7 8.5 5.9 30.3 12.2 4.6 5.9

Idaho

7.6 6.3 8.4 8.7 8.1 6.1 11.2 6.4 6.1 5.7

Illinois

5.0 4.5 9.7 6.5 7.2 6.0 18.2 5.6 6.1 4.9

Indiana

4.9 4.6 8.3 6.8 6.0 6.0 13.5 5.2 5.0 5.1

Iowa

5.4 4.4 7.5 6.8 6.1 6.0 13.0 5.5 5.1 5.4

Kansas

5.4 5.0 7.9 7.0 6.2 6.0 13.3 5.9 5.9 5.5

Kentucky

5.5 4.6 9.0 7.3 7.3 6.1 15.2 5.1 6.1 5.1

Louisiana

5.4 4.4 9.1 8.7 6.4 6.5 16.8 7.0 5.6 5.9

Maine

6.7 5.2 12.3 8.5 9.0 7.3 21.9 6.0 6.3 6.3

Maryland

5.7 4.8 11.2 7.3 6.3 6.8 21.5 5.5 5.8 5.5

Massachusetts

5.2 3.7 12.4 7.0 6.6 6.1 24.2 5.4 5.5 5.0

Michigan

5.1 4.0 10.9 6.7 8.5 5.7 20.5 4.8 6.9 4.9

Minnesota

5.0 4.2 9.0 6.9 9.2 5.7 17.6 5.4 6.8 4.9

Mississippi

5.5 5.0 8.7 8.0 5.6 6.4 12.9 5.5 4.9 6.6

Missouri

5.2 4.6 8.5 7.1 6.3 5.9 14.4 5.7 5.2 5.3

Montana

7.5 6.8 9.9 9.4 8.8 7.8 13.9 7.2 6.8 6.9

Nebraska

5.8 4.8 8.2 6.8 6.5 6.1 12.2 5.8 5.5 6.2

Nevada

5.3 5.3 12.9 8.8 7.3 6.4 29.5 6.4 5.7 5.5

New Hampshire

6.1 4.5 11.8 7.4 7.4 6.5 18.8 5.3 6.4 5.4

New Jersey

5.7 4.8 15.7 8.1 7.0 6.5 28.3 5.6 5.9 5.6

New Mexico

6.2 4.5 8.5 7.3 8.5 6.7 17.7 6.1 7.5 5.7

New York

5.5 3.9 13.3 7.4 6.9 6.5 26.9 5.9 6.3 5.4

North Carolina

5.9 4.9 8.7 7.9 6.6 5.8 14.6 5.6 5.0 5.4

North Dakota

6.9 5.3 8.9 7.2 7.8 7.2 17.1 6.9 7.1 6.5

Ohio

5.1 4.5 7.8 6.6 6.1 5.7 14.4 5.3 5.2 5.0

Oklahoma

5.4 5.5 7.1 7.9 6.1 6.6 12.3 6.6 5.8 6.1

Oregon

6.9 5.0 9.0 7.4 8.5 6.5 18.2 6.3 6.5 5.6

Pennsylvania

5.0 3.6 10.3 6.2 6.4 5.7 18.3 4.9 5.3 4.6

Rhode Island

6.0 4.5 13.0 7.6 9.8 6.5 25.1 5.3 7.1 5.5

South Carolina

5.7 5.0 8.8 8.0 6.2 6.6 14.6 5.9 5.2 6.1

South Dakota

6.0 5.1 8.6 7.2 7.3 6.7 11.5 5.5 6.2 6.0

Tennessee

5.2 4.4 8.1 7.5 5.6 5.5 13.9 5.5 4.6 5.0

Texas

5.1 4.7 7.3 7.6 5.7 5.7 13.8 6.1 4.8 5.0

Utah

6.6 6.6 9.1 8.1 7.1 6.5 10.9 6.3 5.6 6.1

Vermont

5.9 4.6 12.9 7.6 8.2 7.7 18.4 5.8 8.0 6.1

Virginia

5.6 4.6 10.4 7.0 6.0 6.1 18.3 5.4 5.3 5.4

Washington

7.7 4.8 8.9 7.2 7.9 7.8 17.4 6.3 6.1 5.4

West Virginia

6.6 5.1 8.9 7.4 7.2 7.0 14.1 6.9 6.2 5.8

Wisconsin

5.1 4.3 7.6 6.3 5.8 5.4 14.4 5.1 5.1 4.7

Wyoming

8.6 6.4 10.8 10.0 9.1 9.6 17.9 7.7 7.7 8.3

Puerto Rico

5.0 4.1 11.1 6.6 6.6 5.6 16.9 5.1 4.9 5.0

Virgin Islands

8.5 5.3 7.8 9.9 7.4 9.0 18.8 12.5 5.8 10.8

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

 

Last Modified Date: Thursday, November 04, 2021