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News Release Information

23-912-DAL
Wednesday, May 03, 2023

Contacts Technical information: Media contact:
  • (972) 850-4800

Business Employment Dynamics in Louisiana – Third Quarter 2022

From June 2022 to September 2022, gross job gains from opening and expanding private-sector establishments in Louisiana were 115,243, while gross job losses from closing and contracting private-sector establishments were 88,312, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Michael Hirniak noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 26,931 jobs in the private sector during the third quarter of 2022. During the previous quarter, gross job losses exceeded gross job gains by 9,792. (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 third quarter of 2022, gross job gains represented 7.3 percent of private-sector employment in Louisiana; 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 Louisiana, gross job gains at expanding establishments totaled 89,642 in the third quarter of 2022, an increase of 6,297 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 25,601 jobs gained in the third quarter of 2022, an increase of 6,302 jobs from the previous quarter.


Gross job losses

In the third quarter of 2022, gross job losses represented 5.7 percent of private-sector employment in Louisiana; nationally, gross job losses accounted for 5.8 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 Louisiana, contracting establishments lost 74,266 jobs in the third quarter of 2022, a decrease of 7,307 jobs from the prior quarter. Closing establishments lost 14,046 jobs, a decrease of 16,817 jobs from the previous quarter.


Industries

Gross job gains exceeded gross job losses in 10 of the 11 industry sectors in Louisiana in the third quarter of 2022. Professional and business services had the largest over-the-quarter net job increase, with a gain of 6,262 jobs. This was the result of 21,993 gross job gains and 15,731 gross job losses. Education and hospitality services had a net gain of 5,317 jobs, and the leisure and hospitality industry showed a net gain of 4,343 jobs. Louisiana’s information industry sector had a net loss of 657 jobs, the only job loss of any sector in the state.

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 Fourth Quarter 2022 are scheduled to be released on Wednesday, July 26, 2023.


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, Louisiana, seasonally adjusted
Category Gross job gains and losses
(3 months ended)
Gross job gains and losses
as a percent of employment
(3 months ended)
Sept.
2021
Dec.
2021
Mar.
2022
June
2022
Sept.
2022
Sept.
2021
Dec.
2021
Mar.
2022
June
2022
Sept.
2022

Total private (1)

Gross job gains

103,194 146,643 101,345 102,644 115,243 6.9 9.6 6.5 6.6 7.3

At expanding establishments

82,453 118,629 79,370 83,345 89,642 5.5 7.8 5.1 5.4 5.7

At opening establishments

20,741 28,014 21,975 19,299 25,601 1.4 1.8 1.4 1.2 1.6

Gross job losses

126,817 87,586 109,685 112,436 88,312 8.5 5.8 7.1 7.3 5.7

At contracting establishments

100,481 70,994 75,380 81,573 74,266 6.7 4.7 4.9 5.3 4.8

At closing establishments

26,336 16,592 34,305 30,863 14,046 1.8 1.1 2.2 2.0 0.9

Net employment change (2)

-23,623 59,057 -8,340 -9,792 26,931 -1.6 3.8 -0.6 -0.7 1.6

Construction

Gross job gains

11,934 13,767 9,932 11,897 11,499 9.2 10.6 7.8 9.2 8.9

At expanding establishments

9,424 11,574 7,676 10,046 9,388 7.3 8.9 6.0 7.8 7.3

At opening establishments

2,510 2,193 2,256 1,851 2,111 1.9 1.7 1.8 1.4 1.6

Gross job losses

13,337 12,213 13,659 12,343 10,201 10.4 9.4 10.7 9.7 7.9

At contracting establishments

11,329 9,996 9,470 9,817 9,155 8.8 7.7 7.4 7.7 7.1

At closing establishments

2,008 2,217 4,189 2,526 1,046 1.6 1.7 3.3 2.0 0.8

Net employment change (2)

-1,403 1,554 -3,727 -446 1,298 -1.2 1.2 -2.9 -0.5 1.0

Manufacturing

Gross job gains

4,409 6,712 6,024 5,124 6,411 3.5 5.2 4.6 3.9 4.8

At expanding establishments

3,658 5,923 5,535 4,644 5,450 2.9 4.6 4.2 3.5 4.1

At opening establishments

751 789 489 480 961 0.6 0.6 0.4 0.4 0.7

Gross job losses

5,707 3,282 4,941 5,722 4,271 4.5 2.6 3.7 4.3 3.1

At contracting establishments

4,955 2,912 3,711 4,344 3,808 3.9 2.3 2.8 3.3 2.8

At closing establishments

752 370 1,230 1,378 463 0.6 0.3 0.9 1.0 0.3

Net employment change (2)

-1,298 3,430 1,083 -598 2,140 -1.0 2.6 0.9 -0.4 1.7

Wholesale trade

Gross job gains

3,291 4,450 3,509 3,024 4,032 5.2 6.9 5.3 4.6 6.1

At expanding establishments

2,285 3,369 2,776 2,496 2,972 3.6 5.2 4.2 3.8 4.5

At opening establishments

1,006 1,081 733 528 1,060 1.6 1.7 1.1 0.8 1.6

Gross job losses

3,952 2,250 3,197 3,790 2,752 6.1 3.5 4.9 5.7 4.2

At contracting establishments

2,727 1,799 1,822 2,523 2,035 4.2 2.8 2.8 3.8 3.1

At closing establishments

1,225 451 1,375 1,267 717 1.9 0.7 2.1 1.9 1.1

Net employment change (2)

-661 2,200 312 -766 1,280 -0.9 3.4 0.4 -1.1 1.9

Retail trade

Gross job gains

13,833 16,792 13,600 12,551 14,407 6.3 7.7 6.2 5.7 6.5

At expanding establishments

12,226 14,421 11,582 10,404 11,796 5.6 6.6 5.3 4.7 5.3

At opening establishments

1,607 2,371 2,018 2,147 2,611 0.7 1.1 0.9 1.0 1.2

Gross job losses

17,673 12,242 13,924 16,240 12,420 8.2 5.6 6.4 7.3 5.6

At contracting establishments

14,933 10,452 10,070 13,107 11,509 6.9 4.8 4.6 5.9 5.2

At closing establishments

2,740 1,790 3,854 3,133 911 1.3 0.8 1.8 1.4 0.4

Net employment change (2)

-3,840 4,550 -324 -3,689 1,987 -1.9 2.1 -0.2 -1.6 0.9

Transportation and warehousing

Gross job gains

4,982 9,518 4,114 4,186 5,033 7.2 13.0 5.5 5.6 6.7

At expanding establishments

4,496 8,717 3,090 3,504 4,344 6.5 11.9 4.1 4.7 5.8

At opening establishments

486 801 1,024 682 689 0.7 1.1 1.4 0.9 0.9

Gross job losses

4,663 2,989 6,554 4,818 3,436 6.8 4.1 8.6 6.5 4.6

At contracting establishments

3,927 2,240 5,306 3,542 2,528 5.7 3.1 7.0 4.8 3.4

At closing establishments

736 749 1,248 1,276 908 1.1 1.0 1.6 1.7 1.2

Net employment change (2)

319 6,529 -2,440 -632 1,597 0.4 8.9 -3.1 -0.9 2.1

Information

Gross job gains

2,114 4,346 3,024 2,785 2,007 10.3 19.8 13.4 12.1 8.8

At expanding establishments

1,707 3,430 2,441 2,340 1,549 8.3 15.6 10.8 10.2 6.8

At opening establishments

407 916 583 445 458 2.0 4.2 2.6 1.9 2.0

Gross job losses

2,270 1,084 2,986 2,537 2,664 11.0 4.9 13.2 11.0 11.6

At contracting establishments

1,530 876 2,505 2,137 2,325 7.4 4.0 11.1 9.3 10.1

At closing establishments

740 208 481 400 339 3.6 0.9 2.1 1.7 1.5

Net employment change (2)

-156 3,262 38 248 -657 -0.7 14.9 0.2 1.1 -2.8

Financial activities

Gross job gains

6,351 5,820 5,362 5,850 6,386 7.8 7.1 6.5 7.1 7.6

At expanding establishments

5,118 4,128 4,098 4,112 4,377 6.3 5.0 5.0 5.0 5.2

At opening establishments

1,233 1,692 1,264 1,738 2,009 1.5 2.1 1.5 2.1 2.4

Gross job losses

5,269 5,350 5,716 5,207 4,329 6.5 6.6 7.0 6.3 5.2

At contracting establishments

3,589 4,304 3,222 3,245 3,328 4.4 5.3 3.9 3.9 4.0

At closing establishments

1,680 1,046 2,494 1,962 1,001 2.1 1.3 3.1 2.4 1.2

Net employment change (2)

1,082 470 -354 643 2,057 1.3 0.5 -0.5 0.8 2.4

Professional and business services

Gross job gains

21,435 24,964 17,971 16,856 21,993 10.1 11.5 8.2 7.7 10.1

At expanding establishments

15,905 19,500 12,298 13,070 16,073 7.5 9.0 5.6 6.0 7.4

At opening establishments

5,530 5,464 5,673 3,786 5,920 2.6 2.5 2.6 1.7 2.7

Gross job losses

19,132 17,285 19,801 20,589 15,731 9.1 8.0 9.1 9.4 7.2

At contracting establishments

14,304 13,515 13,268 14,641 13,075 6.8 6.3 6.1 6.7 6.0

At closing establishments

4,828 3,770 6,533 5,948 2,656 2.3 1.7 3.0 2.7 1.2

Net employment change (2)

2,303 7,679 -1,830 -3,733 6,262 1.0 3.5 -0.9 -1.7 2.9

Education and health services

Gross job gains

11,901 21,228 13,017 15,307 16,616 4.0 7.1 4.3 5.0 5.3

At expanding establishments

10,046 16,056 10,665 12,845 12,801 3.4 5.4 3.5 4.2 4.1

At opening establishments

1,855 5,172 2,352 2,462 3,815 0.6 1.7 0.8 0.8 1.2

Gross job losses

20,313 12,291 14,884 14,663 11,299 6.8 4.1 5.0 4.8 3.6

At contracting establishments

15,918 9,591 9,876 9,648 9,312 5.3 3.2 3.3 3.2 3.0

At closing establishments

4,395 2,700 5,008 5,015 1,987 1.5 0.9 1.7 1.6 0.6

Net employment change (2)

-8,412 8,937 -1,867 644 5,317 -2.8 3.0 -0.7 0.2 1.7

Leisure and hospitality

Gross job gains

17,299 31,160 17,935 18,626 20,096 8.9 15.6 8.7 8.9 9.5

At expanding establishments

13,029 25,332 13,625 14,718 15,877 6.7 12.7 6.6 7.0 7.5

At opening establishments

4,270 5,828 4,310 3,908 4,219 2.2 2.9 2.1 1.9 2.0

Gross job losses

27,310 12,998 17,492 19,778 15,753 14.0 6.5 8.5 9.4 7.4

At contracting establishments

21,823 10,749 12,175 14,138 12,483 11.2 5.4 5.9 6.7 5.9

At closing establishments

5,487 2,249 5,317 5,640 3,270 2.8 1.1 2.6 2.7 1.5

Net employment change (2)

-10,011 18,162 443 -1,152 4,343 -5.1 9.1 0.2 -0.5 2.1

Other services (3)

Gross job gains

2,919 4,565 3,683 3,495 3,679 7.0 10.9 8.7 8.1 8.5

At expanding establishments

2,318 3,364 2,801 2,703 2,423 5.6 8.0 6.6 6.3 5.6

At opening establishments

601 1,201 882 792 1,256 1.4 2.9 2.1 1.8 2.9

Gross job losses

3,983 2,903 3,867 3,876 2,894 9.5 6.9 9.1 9.0 6.7

At contracting establishments

2,835 2,277 2,107 2,270 2,487 6.8 5.4 5.0 5.3 5.8

At closing establishments

1,148 626 1,760 1,606 407 2.7 1.5 4.1 3.7 0.9

Net employment change (2)

-1,064 1,662 -184 -381 785 -2.5 4.0 -0.4 -0.9 1.8

(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)
Sept.
2021
Dec.
2021
Mar.
2022
June
2022
Sept.
2022
Sept.
2021
Dec.
2021
Mar.
2022
June
2022
Sept.
2022

United States(1)

7.3 7.7 6.6 6.4 6.8 6.1 5.4 5.4 6.7 5.8

Alabama

6.7 7.6 6.2 6.6 7.1 6.3 5.2 6.0 7.0 6.2

Alaska

10.5 11.8 10.1 10.1 8.6 9.7 8.7 9.3 9.6 10.3

Arizona

7.1 6.8 6.8 6.7 7.9 5.1 5.0 5.7 7.3 5.5

Arkansas

6.8 7.8 5.9 5.6 6.4 6.7 4.8 5.4 6.0 5.5

California

7.8 8.5 7.4 6.6 6.7 6.1 5.5 5.6 7.2 6.1

Colorado

8.0 7.6 7.5 7.3 5.0 7.0 6.1 6.3 6.7 5.8

Connecticut

6.9 6.9 6.3 6.3 6.3 6.0 5.3 5.3 6.5 6.2

Delaware

7.6 8.2 7.3 6.5 8.6 7.2 6.0 5.6 8.2 6.1

District of Columbia

7.9 7.3 6.0 6.0 7.2 4.9 4.9 4.9 6.8 4.8

Florida

9.0 7.7 6.5 7.5 7.8 6.0 6.0 5.7 6.9 5.5

Georgia

7.5 7.9 6.8 6.6 7.0 6.2 5.5 5.7 6.7 6.0

Hawaii

7.3 7.1 6.1 5.9 6.2 6.3 5.1 5.1 5.9 4.8

Idaho

7.7 8.5 8.5 7.1 8.5 7.3 6.3 6.2 9.1 7.5

Illinois

6.6 7.5 6.2 5.9 6.0 6.0 4.9 5.0 5.9 5.3

Indiana

6.3 7.3 6.0 5.6 6.4 5.7 4.7 4.8 6.8 5.5

Iowa

6.2 6.6 6.5 5.8 5.8 6.1 5.4 5.3 6.7 6.0

Kansas

6.6 7.6 6.2 6.5 7.6 6.5 5.3 5.4 7.5 5.6

Kentucky

6.7 7.4 6.6 6.3 6.7 6.4 4.9 5.0 8.7 5.4

Louisiana

6.9 9.6 6.5 6.6 7.3 8.5 5.8 7.1 7.3 5.7

Maine

7.8 8.2 8.0 17.7 7.4 7.8 6.9 6.1 8.1 7.4

Maryland

7.5 7.3 6.6 6.7 7.5 6.4 5.3 5.9 8.1 6.0

Massachusetts

7.2 7.0 6.6 6.1 6.2 5.8 5.7 5.1 5.4 6.1

Michigan

6.5 7.5 6.3 6.0 5.7 5.9 5.2 5.1 6.5 5.9

Minnesota

6.4 7.3 6.0 6.6 6.8 6.7 5.2 5.4 7.1 6.0

Mississippi

7.6 7.9 6.1 6.5 7.2 6.1 5.7 6.0 7.0 6.3

Missouri

6.7 7.4 6.5 6.3 6.8 6.1 5.5 5.4 5.9 6.3

Montana

8.5 9.9 9.3 8.2 8.5 8.3 7.2 8.5 9.4 7.7

Nebraska

6.3 7.0 6.8 6.0 6.9 6.5 5.8 5.9 6.6 6.2

Nevada

8.9 8.3 6.8 6.9 7.6 5.7 4.8 5.2 6.7 5.7

New Hampshire

7.0 7.6 7.7 6.6 6.9 6.8 6.4 5.4 7.9 6.7

New Jersey

7.5 8.7 7.1 6.5 6.8 6.1 5.4 5.5 6.3 6.3

New Mexico

8.2 8.2 7.4 6.5 7.7 6.5 6.3 6.2 7.1 5.9

New York

7.5 7.7 6.7 7.1 6.7 5.9 5.4 5.2 6.6 6.0

North Carolina

6.8 8.1 6.5 6.3 6.6 6.4 5.0 5.3 6.2 5.9

North Dakota

7.5 7.6 7.5 6.8 7.6 6.7 6.5 6.5 6.7 6.4

Ohio

6.1 7.0 6.1 5.7 5.8 6.0 5.2 4.8 6.3 5.6

Oklahoma

7.1 7.6 6.3 6.4 7.1 6.6 5.9 5.7 6.2 5.5

Oregon

7.1 7.8 7.5 6.1 6.7 6.5 6.1 5.7 7.1 8.6

Pennsylvania

6.3 6.8 6.3 5.5 6.1 5.0 4.8 4.9 5.6 5.2

Rhode Island

7.6 8.5 7.9 7.0 6.7 7.1 6.6 5.7 7.3 7.4

South Carolina

7.3 7.9 6.9 6.4 7.3 6.0 5.3 6.2 6.9 5.6

South Dakota

6.6 7.2 7.7 6.6 7.3 6.4 5.9 6.1 6.8 6.4

Tennessee

6.9 7.3 6.6 6.3 7.0 5.4 5.6 4.7 6.4 5.4

Texas

7.1 7.7 6.3 6.5 7.4 5.5 4.8 5.4 6.1 5.2

Utah

7.4 7.5 7.8 7.0 7.9 7.0 6.0 5.9 6.8 6.7

Vermont

8.0 8.1 8.0 7.3 7.2 7.7 6.9 6.3 8.4 8.0

Virginia

6.9 7.2 6.4 6.5 7.5 6.0 5.3 5.8 7.0 6.1

Washington

7.3 7.8 7.3 7.0 7.1 5.9 5.3 5.0 7.1 6.1

West Virginia

7.1 7.9 7.3 6.3 6.8 6.5 6.0 5.9 7.9 6.5

Wisconsin

5.5 6.6 6.5 5.9 6.1 5.8 5.2 4.8 6.8 5.9

Wyoming

9.1 10.1 8.9 8.4 9.2 8.4 7.8 8.3 9.1 8.5

Puerto Rico

8.5 6.4 7.0 6.5 6.2 5.1 5.5 4.9 6.1 5.2

Virgin Islands

7.5 8.0 6.9 8.8 7.9 8.5 9.5 10.3 12.6 4.9

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

 

Last Modified Date: Wednesday, May 03, 2023