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News Release Information

21-1934-ATL
Thursday, November 04, 2021

Contacts

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

Business Employment Dynamics in Tennessee — First Quarter 2021

From December 2020 to March 2021, gross job gains from opening and expanding private-sector establishments in Tennessee were 144,611, while gross job losses from closing and contracting private-sector establishments were 128,007, 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 16,604 jobs in the private sector during the first quarter of 2021. During the previous quarter, gross job gains exceeded gross job losses by 72,482. (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 5.6 percent of private-sector employment in Tennessee; 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 Tennessee, gross job gains at expanding establishments totaled 123,464 in the first quarter of 2021, a decrease of 39,859 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 21,147 jobs gained in the first quarter of 2021, a decrease of 4,329 jobs from the previous quarter.


Gross job losses

In the first quarter of 2021, gross job losses represented 5.0 percent of private-sector employment in Tennessee; nationally, gross job losses accounted for 5.4 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 Tennessee, contracting establishments lost 115,080 jobs in the first quarter of 2021, an increase of 16,112 jobs from the prior quarter. Closing establishments lost 12,927 jobs, a decrease of 4,422 jobs from the previous quarter.


Industries

Gross job gains exceeded gross job losses in 10 of the 11 industry sectors in Tennessee in the first quarter of 2021. Leisure and hospitality had the largest over-the-quarter net job increase, with a gain of 4,805 jobs. This was the result of 25,861 gross job gains and 21,056 gross job losses. The professional and business services industry had a net gain of 3,535 jobs. The transportation and warehousing industry had a net loss of 4,001 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, Tennessee, 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

137,825 110,734 200,135 188,799 144,611 5.2 4.4 8.1 7.5 5.6

At expanding establishments

116,124 92,553 175,302 163,323 123,464 4.4 3.7 7.1 6.5 4.8

At opening establishments

21,701 18,181 24,833 25,476 21,147 0.8 0.7 1.0 1.0 0.8

Gross job losses

142,837 350,743 133,250 116,317 128,007 5.5 13.9 5.5 4.6 5.0

At contracting establishments

128,223 317,714 114,316 98,968 115,080 4.9 12.6 4.7 3.9 4.5

At closing establishments

14,614 33,029 18,934 17,349 12,927 0.6 1.3 0.8 0.7 0.5

Net employment change (2)

-5,012 -240,009 66,885 72,482 16,604 -0.3 -9.5 2.6 2.9 0.6

Construction

Gross job gains

10,299 8,888 10,609 12,048 10,890 7.8 6.8 8.3 9.2 8.1

At expanding establishments

8,749 7,688 8,663 10,326 9,286 6.6 5.9 6.8 7.9 6.9

At opening establishments

1,550 1,200 1,946 1,722 1,604 1.2 0.9 1.5 1.3 1.2

Gross job losses

9,848 14,376 9,698 7,657 8,558 7.3 10.9 7.6 5.8 6.3

At contracting establishments

8,859 12,759 8,511 6,732 7,554 6.6 9.7 6.7 5.1 5.6

At closing establishments

989 1,617 1,187 925 1,004 0.7 1.2 0.9 0.7 0.7

Net employment change (2)

451 -5,488 911 4,391 2,332 0.5 -4.1 0.7 3.4 1.8

Manufacturing

Gross job gains

8,081 6,413 21,857 15,112 11,630 2.3 1.9 6.6 4.4 3.4

At expanding establishments

7,381 5,729 20,633 14,327 10,745 2.1 1.7 6.2 4.2 3.1

At opening establishments

700 684 1,224 785 885 0.2 0.2 0.4 0.2 0.3

Gross job losses

10,389 34,587 10,162 9,182 8,471 2.9 10.1 3.1 2.7 2.4

At contracting establishments

9,944 32,534 9,237 8,053 8,079 2.8 9.5 2.8 2.4 2.3

At closing establishments

445 2,053 925 1,129 392 0.1 0.6 0.3 0.3 0.1

Net employment change (2)

-2,308 -28,174 11,695 5,930 3,159 -0.6 -8.2 3.5 1.7 1.0

Wholesale trade

Gross job gains

5,329 3,932 5,731 6,412 5,100 4.4 3.3 4.9 5.4 4.3

At expanding establishments

4,590 3,121 4,788 5,534 4,395 3.8 2.6 4.1 4.7 3.7

At opening establishments

739 811 943 878 705 0.6 0.7 0.8 0.7 0.6

Gross job losses

4,841 9,862 5,323 4,063 3,688 4.0 8.3 4.6 3.5 3.1

At contracting establishments

4,016 8,471 4,295 3,250 3,049 3.3 7.1 3.7 2.8 2.6

At closing establishments

825 1,391 1,028 813 639 0.7 1.2 0.9 0.7 0.5

Net employment change (2)

488 -5,930 408 2,349 1,412 0.4 -5.0 0.3 1.9 1.2

Retail trade

Gross job gains

20,009 19,969 24,538 21,295 17,773 6.0 6.0 7.6 6.5 5.3

At expanding establishments

18,462 18,228 22,293 19,044 15,022 5.5 5.5 6.9 5.8 4.5

At opening establishments

1,547 1,741 2,245 2,251 2,751 0.5 0.5 0.7 0.7 0.8

Gross job losses

16,779 38,316 19,528 17,022 15,697 5.0 11.7 6.0 5.2 4.7

At contracting establishments

15,116 36,103 17,770 14,548 14,334 4.5 11.0 5.5 4.4 4.3

At closing establishments

1,663 2,213 1,758 2,474 1,363 0.5 0.7 0.5 0.8 0.4

Net employment change (2)

3,230 -18,347 5,010 4,273 2,076 1.0 -5.7 1.6 1.3 0.6

Transportation and warehousing

Gross job gains

6,895 11,599 15,175 17,748 8,368 3.8 6.5 8.5 9.4 4.3

At expanding establishments

6,243 10,860 13,988 16,588 7,553 3.4 6.1 7.8 8.8 3.9

At opening establishments

652 739 1,187 1,160 815 0.4 0.4 0.7 0.6 0.4

Gross job losses

10,120 17,952 8,708 6,077 12,369 5.6 10.1 4.9 3.2 6.4

At contracting establishments

9,477 16,804 7,867 5,574 11,733 5.2 9.5 4.4 2.9 6.1

At closing establishments

643 1,148 841 503 636 0.4 0.6 0.5 0.3 0.3

Net employment change (2)

-3,225 -6,353 6,467 11,671 -4,001 -1.8 -3.6 3.6 6.2 -2.1

Information

Gross job gains

2,531 1,607 4,757 3,007 3,963 5.6 3.8 11.2 7.0 9.1

At expanding establishments

1,927 1,104 4,022 2,196 3,123 4.3 2.6 9.5 5.1 7.2

At opening establishments

604 503 735 811 840 1.3 1.2 1.7 1.9 1.9

Gross job losses

2,767 5,715 2,311 3,277 2,773 6.2 13.3 5.5 7.6 6.3

At contracting establishments

2,313 5,112 1,762 2,643 2,275 5.2 11.9 4.2 6.1 5.2

At closing establishments

454 603 549 634 498 1.0 1.4 1.3 1.5 1.1

Net employment change (2)

-236 -4,108 2,446 -270 1,190 -0.6 -9.5 5.7 -0.6 2.8

Financial activities

Gross job gains

6,706 5,340 8,700 7,415 7,150 4.2 3.4 5.6 4.7 4.5

At expanding establishments

5,532 4,028 7,018 5,530 5,828 3.5 2.6 4.5 3.5 3.7

At opening establishments

1,174 1,312 1,682 1,885 1,322 0.7 0.8 1.1 1.2 0.8

Gross job losses

6,318 11,725 7,194 6,280 6,589 4.0 7.5 4.7 4.1 4.2

At contracting establishments

5,351 10,280 5,524 5,251 5,470 3.4 6.6 3.6 3.4 3.5

At closing establishments

967 1,445 1,670 1,029 1,119 0.6 0.9 1.1 0.7 0.7

Net employment change (2)

388 -6,385 1,506 1,135 561 0.2 -4.1 0.9 0.6 0.3

Professional and business services

Gross job gains

29,849 22,211 41,264 43,830 31,119 6.9 5.4 10.2 10.4 7.2

At expanding establishments

26,019 18,094 36,248 38,476 27,247 6.0 4.4 9.0 9.1 6.3

At opening establishments

3,830 4,117 5,016 5,354 3,872 0.9 1.0 1.2 1.3 0.9

Gross job losses

28,689 59,379 28,775 21,744 27,584 6.7 14.2 7.1 5.1 6.3

At contracting establishments

25,399 53,781 25,028 18,302 24,394 5.9 12.9 6.2 4.3 5.6

At closing establishments

3,290 5,598 3,747 3,442 3,190 0.8 1.3 0.9 0.8 0.7

Net employment change (2)

1,160 -37,168 12,489 22,086 3,535 0.2 -8.8 3.1 5.3 0.9

Education and health services

Gross job gains

18,063 11,538 20,118 20,524 16,102 4.2 2.7 4.9 4.9 3.8

At expanding establishments

13,669 9,423 17,764 17,717 14,099 3.2 2.2 4.3 4.2 3.3

At opening establishments

4,394 2,115 2,354 2,807 2,003 1.0 0.5 0.6 0.7 0.5

Gross job losses

15,287 33,116 15,261 14,385 15,350 3.5 7.8 3.6 3.4 3.6

At contracting establishments

13,968 30,265 13,012 12,285 13,886 3.2 7.1 3.1 2.9 3.3

At closing establishments

1,319 2,851 2,249 2,100 1,464 0.3 0.7 0.5 0.5 0.3

Net employment change (2)

2,776 -21,578 4,857 6,139 752 0.7 -5.1 1.3 1.5 0.2

Leisure and hospitality

Gross job gains

23,805 14,694 39,417 32,967 25,861 6.8 4.7 14.2 11.3 8.6

At expanding establishments

18,715 10,875 33,652 27,142 20,810 5.3 3.5 12.1 9.3 6.9

At opening establishments

5,090 3,819 5,765 5,825 5,051 1.5 1.2 2.1 2.0 1.7

Gross job losses

30,402 110,857 20,581 21,366 21,056 8.7 35.9 7.4 7.3 7.0

At contracting establishments

27,288 98,747 16,735 18,019 19,179 7.8 32.0 6.0 6.2 6.4

At closing establishments

3,114 12,110 3,846 3,347 1,877 0.9 3.9 1.4 1.1 0.6

Net employment change (2)

-6,597 -96,163 18,836 11,601 4,805 -1.9 -31.2 6.8 4.0 1.6

Other services (3)

Gross job gains

4,960 3,411 6,569 6,762 5,170 6.8 5.0 10.2 10.0 7.5

At expanding establishments

3,862 2,454 5,287 5,388 4,128 5.3 3.6 8.2 8.0 6.0

At opening establishments

1,098 957 1,282 1,374 1,042 1.5 1.4 2.0 2.0 1.5

Gross job losses

5,981 13,010 4,486 4,067 4,822 8.1 19.0 6.9 6.1 7.0

At contracting establishments

5,309 11,151 3,483 3,333 4,202 7.2 16.3 5.4 5.0 6.1

At closing establishments

672 1,859 1,003 734 620 0.9 2.7 1.5 1.1 0.9

Net employment change (2)

-1,021 -9,599 2,083 2,695 348 -1.3 -14.0 3.3 3.9 0.5

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