From March 2024 to June 2024, gross job losses from closing and contracting private-sector establishments in Tennessee were 162,432, while gross job gains from opening and expanding private-sector establishments were 156,914, 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 decline of 5,518 jobs in the private sector during the second quarter of 2024. During the previous quarter, gross job gains exceeded gross job losses by 19,535. (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 the Business Employment Dynamics Technical Note.)

Gross job gains

In the second quarter of 2024, gross job gains represented 5.5 percent of private-sector employment in Tennessee; nationally, gross job gains accounted for 5.8 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 124,955 in the second quarter of 2024, a decrease of 63 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 31,959 jobs gained in the second quarter of 2024, a decrease of 480 jobs from the previous quarter.

Gross job losses

In the second quarter of 2024, gross job losses represented 5.7 percent of private-sector employment in Tennessee; 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 Tennessee, contracting establishments lost 134,192 jobs in the second quarter of 2024, an increase of 18,097 jobs from the prior quarter. Closing establishments lost 28,240 jobs, an increase of 6,413 jobs from the previous quarter.

Industries

Gross job losses exceeded gross job gains in 5 of the 11 published industry sectors in Tennessee in the second quarter of 2024. Leisure and hospitality had the largest over-the-quarter net job decline, with a loss of 6,719 jobs. This was the result of 25,819 gross job gains and 32,538 gross job losses. The professional and business services industry had a net decline of 3,360 jobs, followed by manufacturing with a net loss of 2,262 jobs. Education and health services had a net gain of 3,361 jobs, the largest gain of any sector in Tennessee.

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 the Business Employment Dynamics Home.

The Business Employment Dynamics for Third Quarter 2024 are scheduled to be released on Wednesday, May 7, 2025, at 10:00 a.m. (ET).

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.

More information on formal definitions of the data used in this release, along with coverage, concepts, and methodology, can be found in the Business Employment Dynamics Technical Note.

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, Tennessee, seasonally adjusted

Category	Gross job gains and losses (3 months ended)					Gross job gains and losses as a percent of employment (3 months ended)
	June 2023	Sept. 2023	Dec. 2023	Mar. 2024	June 2024	June 2023	Sept. 2023	Dec. 2023	Mar. 2024	June 2024
Total private (1)
Gross job gains	163,383	156,864	173,332	157,457	156,914	5.8	5.6	6.2	5.5	5.5
At expanding establishments	134,463	135,150	130,960	125,018	124,955	4.8	4.8	4.7	4.4	4.4
At opening establishments	28,920	21,714	42,372	32,439	31,959	1.0	0.8	1.5	1.1	1.1
Gross job losses	153,178	161,268	155,145	137,922	162,432	5.5	5.7	5.5	4.9	5.7
At contracting establishments	132,015	130,021	125,993	116,095	134,192	4.7	4.6	4.5	4.1	4.7
At closing establishments	21,163	31,247	29,152	21,827	28,240	0.8	1.1	1.0	0.8	1.0
Net employment change (2)	10,205	-4,404	18,187	19,535	-5,518	0.3	-0.1	0.7	0.6	-0.2
Construction
Gross job gains	12,142	10,657	15,291	14,579	12,676	7.8	6.8	9.7	8.9	7.7
At expanding establishments	10,311	9,342	11,058	12,075	10,382	6.6	6.0	7.0	7.4	6.3
At opening establishments	1,831	1,315	4,233	2,504	2,294	1.2	0.8	2.7	1.5	1.4
Gross job losses	10,443	10,962	11,264	10,470	12,573	6.8	7.1	7.1	6.4	7.6
At contracting establishments	8,647	8,808	8,836	8,672	10,608	5.6	5.7	5.6	5.3	6.4
At closing establishments	1,796	2,154	2,428	1,798	1,965	1.2	1.4	1.5	1.1	1.2
Net employment change (2)	1,699	-305	4,027	4,109	103	1.0	-0.3	2.6	2.5	0.1
Manufacturing
Gross job gains	11,595	10,277	12,542	11,192	9,739	3.2	2.8	3.5	3.1	2.7
At expanding establishments	10,313	9,978	10,878	9,856	8,461	2.8	2.7	3.0	2.7	2.3
At opening establishments	1,282	299	1,664	1,336	1,278	0.4	0.1	0.5	0.4	0.4
Gross job losses	11,375	13,800	11,860	10,476	12,001	3.1	3.8	3.3	2.9	3.3
At contracting establishments	10,602	12,289	10,199	9,383	10,846	2.9	3.4	2.8	2.6	3.0
At closing establishments	773	1,511	1,661	1,093	1,155	0.2	0.4	0.5	0.3	0.3
Net employment change (2)	220	-3,523	682	716	-2,262	0.1	-1.0	0.2	0.2	-0.6
Wholesale trade
Gross job gains	6,708	5,771	6,540	6,301	6,132	5.0	4.3	4.8	4.7	4.4
At expanding establishments	5,695	5,268	5,141	4,823	4,691	4.2	3.9	3.8	3.6	3.4
At opening establishments	1,013	503	1,399	1,478	1,441	0.8	0.4	1.0	1.1	1.0
Gross job losses	5,200	6,001	5,573	4,784	5,462	3.8	4.4	4.2	3.5	3.9
At contracting establishments	4,488	4,514	4,285	3,530	4,036	3.3	3.3	3.2	2.6	2.9
At closing establishments	712	1,487	1,288	1,254	1,426	0.5	1.1	1.0	0.9	1.0
Net employment change (2)	1,508	-230	967	1,517	670	1.2	-0.1	0.6	1.2	0.5
Retail trade
Gross job gains	20,258	19,874	18,377	17,749	18,568	5.8	5.7	5.3	5.2	5.3
At expanding establishments	17,092	17,976	14,211	15,138	15,769	4.9	5.2	4.1	4.4	4.5
At opening establishments	3,166	1,898	4,166	2,611	2,799	0.9	0.5	1.2	0.8	0.8
Gross job losses	20,892	19,564	20,722	15,528	18,725	6.0	5.7	6.0	4.5	5.4
At contracting establishments	18,814	16,794	17,861	13,336	16,549	5.4	4.9	5.2	3.9	4.8
At closing establishments	2,078	2,770	2,861	2,192	2,176	0.6	0.8	0.8	0.6	0.6
Net employment change (2)	-634	310	-2,345	2,221	-157	-0.2	0.0	-0.7	0.7	-0.1
Transportation and warehousing
Gross job gains	7,041	9,824	13,457	7,806	10,175	3.6	5.0	6.8	3.9	5.0
At expanding establishments	6,148	9,147	11,676	6,797	9,189	3.1	4.7	5.9	3.4	4.5
At opening establishments	893	677	1,781	1,009	986	0.5	0.3	0.9	0.5	0.5
Gross job losses	10,131	10,179	7,836	10,830	9,632	5.2	5.2	3.9	5.4	4.7
At contracting establishments	9,201	8,461	6,861	10,095	8,221	4.7	4.3	3.4	5.0	4.0
At closing establishments	930	1,718	975	735	1,411	0.5	0.9	0.5	0.4	0.7
Net employment change (2)	-3,090	-355	5,621	-3,024	543	-1.6	-0.2	2.9	-1.5	0.3
Information
Gross job gains	4,114	3,116	3,107	3,111	3,777	7.4	5.6	5.6	5.7	6.9
At expanding establishments	2,957	2,744	1,944	1,974	2,743	5.3	4.9	3.5	3.6	5.0
At opening establishments	1,157	372	1,163	1,137	1,034	2.1	0.7	2.1	2.1	1.9
Gross job losses	3,928	4,458	3,667	3,301	3,339	6.9	8.0	6.6	6.1	6.1
At contracting establishments	3,172	3,356	2,707	2,604	2,513	5.6	6.0	4.9	4.8	4.6
At closing establishments	756	1,102	960	697	826	1.3	2.0	1.7	1.3	1.5
Net employment change (2)	186	-1,342	-560	-190	438	0.5	-2.4	-1.0	-0.4	0.8
Financial activities
Gross job gains	8,620	7,633	8,194	6,915	8,348	5.1	4.4	4.8	4.1	4.9
At expanding establishments	7,096	5,853	5,795	5,382	6,278	4.2	3.4	3.4	3.2	3.7
At opening establishments	1,524	1,780	2,399	1,533	2,070	0.9	1.0	1.4	0.9	1.2
Gross job losses	7,472	8,012	8,541	7,057	7,521	4.4	4.7	5.0	4.2	4.4
At contracting establishments	5,453	6,059	6,544	5,743	5,743	3.2	3.6	3.8	3.4	3.4
At closing establishments	2,019	1,953	1,997	1,314	1,778	1.2	1.1	1.2	0.8	1.0
Net employment change (2)	1,148	-379	-347	-142	827	0.7	-0.3	-0.2	-0.1	0.5
Professional and business services
Gross job gains	31,240	27,872	29,309	31,240	29,816	6.8	6.1	6.4	6.8	6.5
At expanding establishments	25,881	25,299	21,516	25,086	23,697	5.6	5.5	4.7	5.5	5.2
At opening establishments	5,359	2,573	7,793	6,154	6,119	1.2	0.6	1.7	1.3	1.3
Gross job losses	31,423	34,513	34,628	25,840	33,176	6.8	7.4	7.6	5.6	7.2
At contracting establishments	27,334	27,491	28,182	21,790	27,667	5.9	5.9	6.2	4.7	6.0
At closing establishments	4,089	7,022	6,446	4,050	5,509	0.9	1.5	1.4	0.9	1.2
Net employment change (2)	-183	-6,641	-5,319	5,400	-3,360	0.0	-1.3	-1.2	1.2	-0.7
Education and health services
Gross job gains	23,570	28,406	21,214	20,484	21,858	5.2	6.2	4.6	4.3	4.6
At expanding establishments	20,358	19,319	16,740	17,079	17,994	4.5	4.2	3.6	3.6	3.8
At opening establishments	3,212	9,087	4,474	3,405	3,864	0.7	2.0	1.0	0.7	0.8
Gross job losses	16,576	18,460	18,184	15,927	18,497	3.6	4.0	3.9	3.3	3.9
At contracting establishments	13,642	14,422	13,988	12,978	15,028	3.0	3.1	3.0	2.7	3.2
At closing establishments	2,934	4,038	4,196	2,949	3,469	0.6	0.9	0.9	0.6	0.7
Net employment change (2)	6,994	9,946	3,030	4,557	3,361	1.6	2.2	0.7	1.0	0.7
Leisure and hospitality
Gross job gains	27,735	25,674	34,587	27,869	25,819	7.7	7.1	9.5	7.5	7.1
At expanding establishments	22,399	23,385	24,864	20,922	19,699	6.2	6.5	6.8	5.6	5.4
At opening establishments	5,336	2,289	9,723	6,947	6,120	1.5	0.6	2.7	1.9	1.7
Gross job losses	28,207	27,328	25,570	25,997	32,538	7.9	7.6	7.0	7.0	8.8
At contracting establishments	24,678	22,036	20,947	21,859	26,159	6.9	6.1	5.7	5.9	7.1
At closing establishments	3,529	5,292	4,623	4,138	6,379	1.0	1.5	1.3	1.1	1.7
Net employment change (2)	-472	-1,654	9,017	1,872	-6,719	-0.2	-0.5	2.5	0.5	-1.7
Other services (3)
Gross job gains	5,711	5,133	6,788	5,544	5,759	7.4	6.6	8.6	7.0	7.2
At expanding establishments	4,422	4,603	4,972	4,093	4,221	5.7	5.9	6.3	5.2	5.3
At opening establishments	1,289	530	1,816	1,451	1,538	1.7	0.7	2.3	1.8	1.9
Gross job losses	5,069	5,583	4,880	5,360	5,959	6.5	7.2	6.2	6.7	7.4
At contracting establishments	4,184	4,228	3,831	4,393	4,676	5.4	5.5	4.9	5.5	5.8
At closing establishments	885	1,355	1,049	967	1,283	1.1	1.7	1.3	1.2	1.6
Net employment change (2)	642	-450	1,908	184	-200	0.9	-0.6	2.4	0.3	-0.2
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)
	June 2023	Sept. 2023	Dec. 2023	Mar. 2024	June 2024	June 2023	Sept. 2023	Dec. 2023	Mar. 2024	June 2024
United States(1)	6.2	5.9	6.0	5.7	5.8	5.9	6.0	5.7	5.4	5.9
Alabama	6.0	6.0	6.2	5.7	5.6	5.7	6.0	5.7	5.5	5.6
Alaska	11.0	8.5	10.2	10.5	10.2	8.9	10.5	9.9	8.6	9.6
Arizona	7.0	6.8	6.5	8.4	5.6	6.3	5.7	6.6	6.4	6.8
Arkansas	5.9	5.6	6.2	5.6	5.2	6.0	5.8	5.0	5.2	5.8
California	6.8	6.4	6.4	5.8	6.1	6.4	6.5	6.4	5.6	6.8
Colorado	7.3	5.4	8.2	6.4	6.5	6.5	6.1	7.6	7.7	6.2
Connecticut	6.4	5.8	5.6	5.6	5.8	5.7	6.2	5.7	5.2	5.6
Delaware	6.4	6.0	6.1	6.0	5.9	5.8	6.5	5.8	5.1	6.5
District of Columbia	5.4	5.4	5.2	5.1	5.1	5.3	5.4	5.6	4.9	6.0
Florida	6.8	6.5	6.1	5.8	6.0	5.9	5.9	5.9	5.4	5.9
Georgia	6.3	6.1	6.2	6.0	5.7	6.4	6.1	5.7	5.7	5.7
Hawaii	5.7	5.3	6.1	5.4	5.1	5.3	6.8	5.0	5.1	5.4
Idaho	7.8	7.2	8.5	7.9	7.5	7.4	7.9	5.8	8.3	7.4
Illinois	5.4	4.8	5.0	5.1	5.2	5.2	5.3	5.1	4.8	5.3
Indiana	5.6	5.7	5.5	5.3	5.2	5.8	5.7	5.1	5.0	5.5
Iowa	6.0	5.6	6.1	6.1	5.5	5.9	5.8	5.7	5.6	5.7
Kansas	6.1	5.7	5.8	5.7	5.8	6.0	6.0	5.3	5.6	5.7
Kentucky	5.6	5.7	5.7	5.7	5.2	5.9	5.6	5.2	5.0	5.9
Louisiana	6.0	6.2	6.3	6.2	5.7	6.5	6.0	5.8	5.7	6.3
Maine	7.6	7.0	7.4	7.2	7.3	7.6	7.8	7.0	6.1	7.0
Maryland	6.7	6.3	6.2	5.8	7.2	6.6	6.4	5.8	5.7	6.5
Massachusetts	5.9	5.4	5.5	5.2	5.7	5.6	5.9	5.5	5.1	5.6
Michigan	5.9	5.2	5.5	5.4	5.7	5.3	5.9	5.5	5.2	5.6
Minnesota	6.0	3.3	6.9	5.8	5.7	5.5	4.3	6.9	5.7	5.4
Mississippi	6.4	6.2	6.1	5.7	5.8	6.5	6.2	5.7	6.1	6.3
Missouri	5.8	5.6	6.0	5.7	5.6	5.9	5.8	5.6	5.3	5.8
Montana	7.8	7.7	8.8	8.1	7.9	8.4	8.4	7.2	7.5	7.6
Nebraska	6.2	6.0	5.9	5.8	5.4	5.7	5.9	5.7	5.1	5.6
Nevada	6.5	6.5	6.7	5.9	5.8	5.9	5.6	5.4	6.2	5.7
New Hampshire	6.7	5.8	6.2	6.5	6.1	6.3	6.7	5.9	5.8	6.0
New Jersey	6.4	6.0	5.9	5.5	5.9	6.0	6.0	5.8	5.4	5.4
New Mexico	6.6	6.4	6.9	6.0	6.0	6.3	6.8	5.8	6.0	6.3
New York	6.2	5.8	5.7	5.9	5.9	5.8	6.0	5.6	5.0	5.5
North Carolina	6.1	5.7	6.3	5.4	5.6	5.7	6.1	4.9	5.5	5.7
North Dakota	6.9	6.6	6.7	6.9	6.6	6.7	6.6	6.3	6.1	6.6
Ohio	5.6	5.2	5.4	5.5	5.2	5.6	5.6	5.2	4.8	5.4
Oklahoma	6.3	6.3	6.1	5.6	5.6	6.1	6.0	5.8	5.2	6.4
Oregon	6.4	6.1	6.2	6.4	6.0	6.6	6.7	6.2	6.1	6.4
Pennsylvania	5.2	5.2	5.2	5.1	4.9	5.5	5.1	4.8	4.6	5.1
Rhode Island	6.7	6.4	6.8	6.9	6.6	6.8	6.7	6.3	5.7	6.7
South Carolina	6.4	6.6	6.2	6.4	5.9	6.6	5.7	5.3	6.3	6.4
South Dakota	6.7	6.3	6.6	6.3	6.0	6.0	6.3	5.8	5.8	6.3
Tennessee	5.8	5.6	6.2	5.5	5.5	5.5	5.7	5.5	4.9	5.7
Texas	5.8	5.7	5.7	5.4	5.4	5.4	5.5	5.2	5.1	5.3
Utah	6.9	6.9	6.6	6.7	6.4	6.4	6.6	6.5	6.0	6.6
Vermont	7.4	6.4	7.3	7.2	6.6	7.5	7.9	6.6	6.3	7.5
Virginia	6.1	5.9	5.9	5.7	5.7	5.9	6.0	5.5	5.2	5.6
Washington	6.1	5.8	6.0	5.7	5.7	5.7	6.0	5.4	5.3	5.3
West Virginia	6.1	6.5	6.5	6.9	6.6	6.4	6.6	5.8	5.7	6.8
Wisconsin	5.6	5.2	5.5	5.5	5.3	5.8	5.8	5.2	4.8	5.5
Wyoming	8.4	8.3	8.9	8.4	8.2	8.7	8.2	8.4	8.3	9.0
Puerto Rico	5.9	5.7	4.9	5.4	5.6	5.0	5.3	4.8	4.6	4.9
Virgin Islands	7.5	8.2	6.0	5.6	4.3	6.5	6.8	5.9	4.5	5.1
Footnotes (1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands. The sum of the states will not necessarily add to the U.S. total because of the independent seasonal adjustment of each state.