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News Release Information

25-821-DAL
Friday, May 16, 2025

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

Business Employment Dynamics in Louisiana – Third Quarter 2024

From June 2024 to September 2024, gross job gains from opening and expanding private-sector establishments in Louisiana were 97,338, while gross job losses from closing and contracting private-sector establishments were 93,417, 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 3,921 jobs in the private sector during the third quarter of 2024. During the previous quarter, gross job losses exceeded gross job gains by 9,373. (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 third quarter of 2024, gross job gains represented 6.1 percent of private-sector employment in Louisiana; 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 Louisiana, gross job gains at expanding establishments totaled 79,591 in the third quarter of 2024, an increase of 5,274 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 17,747 jobs gained in the third quarter of 2024, an increase of 283 jobs from the previous quarter.

Gross job losses

In the third quarter of 2024, gross job losses represented 5.8 percent of private-sector employment in Louisiana; nationally, gross job losses also 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 79,275 jobs in the third quarter of 2024, a decrease of 1,700 jobs from the prior quarter. Closing establishments lost 14,142 jobs, a decrease of 6,037 jobs from the previous quarter.

Industries

Gross job gains exceeded gross job losses in 6 of the 11 published industry sectors in Louisiana in the third quarter of 2024. Transportation and warehousing had the largest over-the-quarter net job increase, with a gain of 3,769 jobs. This was the result of 7,269 gross job gains and 3,500 gross job losses. The education and health services industry had a net gain of 2,741 jobs. Retail trade showed a net loss of 1,892 jobs, the largest loss of any sector in the state. Louisiana’s manufacturing industry sector had a net loss of 1,470 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 the Business Employment Dynamics homepage and the Business Employment Dynamics Summary.

The Business Employment Dynamics for Fourth Quarter 2024 are scheduled to be released on Wednesday, July 30, 2025.


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, 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.
2023
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Sept.
2023
Dec.
2023
Mar.
2024
June
2024
Sept.
2024

Total private (1)

Gross job gains

97,519 101,138 99,148 91,781 97,338 6.2 6.3 6.2 5.7 6.1

At expanding establishments

80,789 76,883 79,523 74,317 79,591 5.1 4.8 5.0 4.6 5.0

At opening establishments

16,730 24,255 19,625 17,464 17,747 1.1 1.5 1.2 1.1 1.1

Gross job losses

95,262 92,509 91,885 101,154 93,417 6.0 5.8 5.7 6.3 5.8

At contracting establishments

75,161 74,730 72,444 80,975 79,275 4.7 4.7 4.5 5.0 4.9

At closing establishments

20,101 17,779 19,441 20,179 14,142 1.3 1.1 1.2 1.3 0.9

Net employment change (2)

2,257 8,629 7,263 -9,373 3,921 0.2 0.5 0.5 -0.6 0.3

Construction

Gross job gains

11,850 12,166 16,094 11,071 13,127 9.1 9.2 11.9 8.0 9.4

At expanding establishments

10,433 10,056 14,395 9,824 11,337 8.0 7.6 10.6 7.1 8.1

At opening establishments

1,417 2,110 1,699 1,247 1,790 1.1 1.6 1.3 0.9 1.3

Gross job losses

10,125 11,718 9,151 11,722 12,851 7.8 8.9 6.8 8.5 9.2

At contracting establishments

8,180 10,186 7,305 9,962 11,809 6.3 7.7 5.4 7.2 8.5

At closing establishments

1,945 1,532 1,846 1,760 1,042 1.5 1.2 1.4 1.3 0.7

Net employment change (2)

1,725 448 6,943 -651 276 1.3 0.3 5.1 -0.5 0.2

Manufacturing

Gross job gains

4,329 5,660 4,614 4,151 3,582 3.1 4.1 3.3 3.0 2.6

At expanding establishments

4,005 5,124 4,258 3,789 3,207 2.9 3.7 3.0 2.7 2.3

At opening establishments

324 536 356 362 375 0.2 0.4 0.3 0.3 0.3

Gross job losses

5,306 4,005 4,579 4,612 5,052 3.8 2.8 3.3 3.3 3.6

At contracting establishments

4,564 3,526 4,028 3,941 4,566 3.3 2.5 2.9 2.8 3.3

At closing establishments

742 479 551 671 486 0.5 0.3 0.4 0.5 0.3

Net employment change (2)

-977 1,655 35 -461 -1,470 -0.7 1.3 0.0 -0.3 -1.0

Wholesale trade

Gross job gains

2,954 3,360 2,640 2,904 2,727 4.4 4.9 3.8 4.3 4.0

At expanding establishments

2,439 2,559 2,135 2,393 2,172 3.6 3.7 3.1 3.5 3.2

At opening establishments

515 801 505 511 555 0.8 1.2 0.7 0.8 0.8

Gross job losses

2,991 2,754 2,910 3,235 2,778 4.4 4.0 4.2 4.7 4.1

At contracting establishments

2,251 2,146 2,220 2,523 2,365 3.3 3.1 3.2 3.7 3.5

At closing establishments

740 608 690 712 413 1.1 0.9 1.0 1.0 0.6

Net employment change (2)

-37 606 -270 -331 -51 0.0 0.9 -0.4 -0.4 -0.1

Retail trade

Gross job gains

12,456 10,839 11,127 11,395 9,968 5.7 5.0 5.1 5.3 4.6

At expanding establishments

10,489 8,438 9,166 9,762 8,484 4.8 3.9 4.2 4.5 3.9

At opening establishments

1,967 2,401 1,961 1,633 1,484 0.9 1.1 0.9 0.8 0.7

Gross job losses

12,610 12,689 11,352 12,834 11,860 5.7 5.8 5.3 5.9 5.5

At contracting establishments

10,394 10,731 9,513 10,459 10,588 4.7 4.9 4.4 4.8 4.9

At closing establishments

2,216 1,958 1,839 2,375 1,272 1.0 0.9 0.9 1.1 0.6

Net employment change (2)

-154 -1,850 -225 -1,439 -1,892 0.0 -0.8 -0.2 -0.6 -0.9

Transportation and warehousing

Gross job gains

3,742 5,400 3,517 4,167 7,269 5.0 7.1 4.6 5.6 9.5

At expanding establishments

3,254 4,542 2,826 3,516 6,750 4.3 6.0 3.7 4.7 8.8

At opening establishments

488 858 691 651 519 0.7 1.1 0.9 0.9 0.7

Gross job losses

4,241 3,464 4,752 4,714 3,500 5.6 4.6 6.2 6.2 4.6

At contracting establishments

3,384 2,541 3,903 3,853 2,825 4.5 3.4 5.1 5.1 3.7

At closing establishments

857 923 849 861 675 1.1 1.2 1.1 1.1 0.9

Net employment change (2)

-499 1,936 -1,235 -547 3,769 -0.6 2.5 -1.6 -0.6 4.9

Information

Gross job gains

1,534 1,677 1,583 1,043 2,047 8.0 8.7 8.3 5.6 11.0

At expanding establishments

1,246 1,405 1,303 893 1,568 6.5 7.3 6.8 4.8 8.4

At opening establishments

288 272 280 150 479 1.5 1.4 1.5 0.8 2.6

Gross job losses

1,744 1,390 1,614 1,966 1,215 9.0 7.2 8.5 10.5 6.5

At contracting establishments

1,257 1,137 1,276 1,580 978 6.5 5.9 6.7 8.4 5.2

At closing establishments

487 253 338 386 237 2.5 1.3 1.8 2.1 1.3

Net employment change (2)

-210 287 -31 -923 832 -1.0 1.5 -0.2 -4.9 4.5

Financial activities

Gross job gains

4,072 4,516 4,191 4,157 4,222 4.6 5.1 4.8 4.8 4.9

At expanding establishments

3,259 3,164 3,039 3,123 3,211 3.7 3.6 3.5 3.6 3.7

At opening establishments

813 1,352 1,152 1,034 1,011 0.9 1.5 1.3 1.2 1.2

Gross job losses

4,397 4,163 4,770 4,693 5,131 5.0 4.7 5.4 5.4 5.9

At contracting establishments

3,185 3,166 3,428 3,265 4,056 3.6 3.6 3.9 3.8 4.7

At closing establishments

1,212 997 1,342 1,428 1,075 1.4 1.1 1.5 1.6 1.2

Net employment change (2)

-325 353 -579 -536 -909 -0.4 0.4 -0.6 -0.6 -1.0

Professional and business services

Gross job gains

17,651 16,165 16,411 15,586 16,225 8.0 7.3 7.5 7.2 7.4

At expanding establishments

14,062 11,532 12,525 11,498 12,425 6.4 5.2 5.7 5.3 5.7

At opening establishments

3,589 4,633 3,886 4,088 3,800 1.6 2.1 1.8 1.9 1.7

Gross job losses

15,699 17,277 15,539 17,362 14,685 7.2 7.8 7.1 8.0 6.7

At contracting establishments

11,568 13,263 11,215 13,711 11,790 5.3 6.0 5.1 6.3 5.4

At closing establishments

4,131 4,014 4,324 3,651 2,895 1.9 1.8 2.0 1.7 1.3

Net employment change (2)

1,952 -1,112 872 -1,776 1,540 0.8 -0.5 0.4 -0.8 0.7

Education and health services

Gross job gains

14,814 16,853 16,287 15,737 15,876 4.6 5.2 5.0 4.8 4.9

At expanding establishments

12,326 12,307 13,042 13,232 13,273 3.8 3.8 4.0 4.0 4.1

At opening establishments

2,488 4,546 3,245 2,505 2,603 0.8 1.4 1.0 0.8 0.8

Gross job losses

14,494 12,949 14,365 14,393 13,135 4.5 4.0 4.4 4.4 4.0

At contracting establishments

11,518 10,310 11,390 11,331 11,074 3.6 3.2 3.5 3.5 3.4

At closing establishments

2,976 2,639 2,975 3,062 2,061 0.9 0.8 0.9 0.9 0.6

Net employment change (2)

320 3,904 1,922 1,344 2,741 0.1 1.2 0.6 0.4 0.9

Leisure and hospitality

Gross job gains

18,683 18,480 16,829 16,480 17,034 8.4 8.3 7.5 7.4 7.7

At expanding establishments

14,867 13,323 12,149 12,215 12,921 6.7 6.0 5.4 5.5 5.8

At opening establishments

3,816 5,157 4,680 4,265 4,113 1.7 2.3 2.1 1.9 1.9

Gross job losses

17,514 16,285 17,182 18,454 17,476 7.9 7.3 7.7 8.3 7.9

At contracting establishments

14,148 13,063 13,889 14,834 14,331 6.4 5.9 6.2 6.7 6.5

At closing establishments

3,366 3,222 3,293 3,620 3,145 1.5 1.4 1.5 1.6 1.4

Net employment change (2)

1,169 2,195 -353 -1,974 -442 0.5 1.0 -0.2 -0.9 -0.2

Other services (3)

Gross job gains

3,270 3,381 3,606 3,087 3,250 7.2 7.4 7.9 6.7 7.1

At expanding establishments

2,580 2,386 2,693 2,407 2,563 5.7 5.2 5.9 5.2 5.6

At opening establishments

690 995 913 680 687 1.5 2.2 2.0 1.5 1.5

Gross job losses

3,066 3,307 3,348 3,610 2,977 6.8 7.3 7.2 7.8 6.4

At contracting establishments

2,350 2,456 2,361 2,547 2,498 5.2 5.4 5.1 5.5 5.4

At closing establishments

716 851 987 1,063 479 1.6 1.9 2.1 2.3 1.0

Net employment change (2)

204 74 258 -523 273 0.4 0.1 0.7 -1.1 0.7

(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.
2023
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Sept.
2023
Dec.
2023
Mar.
2024
June
2024
Sept.
2024

United States(1)

5.9 6.0 5.7 5.8 5.8 6.0 5.7 5.4 5.9 5.8

Alabama

6.0 6.2 5.7 5.6 5.7 6.0 5.7 5.5 5.6 5.9

Alaska

8.5 10.2 10.5 10.2 7.9 10.5 9.9 8.6 9.6 9.7

Arizona

6.8 6.5 8.4 5.6 6.3 5.7 6.6 6.4 6.8 6.5

Arkansas

5.6 6.2 5.6 5.2 5.2 5.8 5.0 5.2 5.8 5.2

California

6.4 6.4 5.8 6.1 6.4 6.5 6.4 5.6 6.8 6.1

Colorado

5.4 8.2 6.4 6.5 6.3 6.1 7.6 7.7 6.2 6.7

Connecticut

5.8 5.6 5.6 5.8 5.5 6.2 5.7 5.2 5.6 5.7

Delaware

6.0 6.1 6.0 5.9 6.8 6.5 5.8 5.1 6.5 6.4

District of Columbia

5.4 5.2 5.1 5.1 4.9 5.4 5.6 4.9 6.0 5.0

Florida

6.5 6.1 5.8 6.0 6.6 5.9 5.9 5.4 5.9 5.7

Georgia

6.1 6.2 6.0 5.7 5.7 6.1 5.7 5.7 5.7 6.1

Hawaii

5.3 6.1 5.4 5.1 5.6 6.8 5.0 5.1 5.4 5.0

Idaho

7.2 8.5 7.9 7.5 7.2 7.9 5.8 8.3 7.4 7.6

Illinois

4.8 5.0 5.1 5.2 5.0 5.3 5.1 4.8 5.3 5.1

Indiana

5.7 5.5 5.3 5.2 5.3 5.7 5.1 5.0 5.5 5.4

Iowa

5.6 6.1 6.1 5.5 5.2 5.8 5.7 5.6 5.7 6.0

Kansas

5.7 5.8 5.7 5.8 5.3 6.0 5.3 5.6 5.7 5.6

Kentucky

5.7 5.7 5.7 5.2 5.4 5.6 5.2 5.0 5.9 5.5

Louisiana

6.2 6.3 6.2 5.7 6.1 6.0 5.8 5.7 6.3 5.8

Maine

7.0 7.4 7.2 7.3 6.2 7.8 7.0 6.1 7.0 7.0

Maryland

6.3 6.2 5.8 7.2 6.1 6.4 5.8 5.7 6.5 6.1

Massachusetts

5.4 5.5 5.2 5.7 4.9 5.9 5.5 5.1 5.6 5.8

Michigan

5.2 5.5 5.4 5.7 5.4 5.9 5.5 5.2 5.6 5.8

Minnesota

3.3 6.9 5.8 5.7 5.1 4.3 6.9 5.7 5.4 5.9

Mississippi

6.2 6.1 5.7 5.8 6.1 6.2 5.7 6.1 6.3 5.7

Missouri

5.6 6.0 5.7 5.6 5.5 5.8 5.6 5.3 5.8 5.8

Montana

7.7 8.8 8.1 7.9 7.3 8.4 7.2 7.5 7.6 8.1

Nebraska

6.0 5.9 5.8 5.4 5.6 5.9 5.7 5.1 5.6 5.6

Nevada

6.5 6.7 5.9 5.8 6.1 5.6 5.4 6.2 5.7 5.9

New Hampshire

5.8 6.2 6.5 6.1 5.5 6.7 5.9 5.8 6.0 6.7

New Jersey

6.0 5.9 5.5 5.9 5.3 6.0 5.8 5.4 5.4 5.8

New Mexico

6.4 6.9 6.0 6.0 6.2 6.8 5.8 6.0 6.3 6.3

New York

5.8 5.7 5.9 5.9 5.6 6.0 5.6 5.0 5.5 5.7

North Carolina

5.7 6.3 5.4 5.6 5.6 6.1 4.9 5.5 5.7 6.1

North Dakota

6.6 6.7 6.9 6.6 6.5 6.6 6.3 6.1 6.6 6.6

Ohio

5.2 5.4 5.5 5.2 5.1 5.6 5.2 4.8 5.4 5.4

Oklahoma

6.3 6.1 5.6 5.6 6.0 6.0 5.8 5.2 6.4 5.6

Oregon

6.1 6.2 6.4 6.0 6.3 6.7 6.2 6.1 6.4 6.6

Pennsylvania

5.2 5.2 5.1 4.9 5.1 5.1 4.8 4.6 5.1 5.1

Rhode Island

6.4 6.8 6.9 6.6 6.2 6.7 6.3 5.7 6.7 6.5

South Carolina

6.6 6.2 6.4 5.9 6.2 5.7 5.3 6.3 6.4 5.9

South Dakota

6.3 6.6 6.3 6.0 5.9 6.3 5.8 5.8 6.3 5.9

Tennessee

5.6 6.2 5.5 5.5 5.6 5.7 5.5 4.9 5.7 5.8

Texas

5.7 5.7 5.4 5.4 5.6 5.5 5.2 5.1 5.3 5.3

Utah

6.9 6.6 6.7 6.4 6.6 6.6 6.5 6.0 6.6 6.1

Vermont

6.4 7.3 7.2 6.6 6.6 7.9 6.6 6.3 7.5 7.3

Virginia

5.9 5.9 5.7 5.7 5.8 6.0 5.5 5.2 5.6 5.5

Washington

5.8 6.0 5.7 5.7 5.7 6.0 5.4 5.3 5.3 5.4

West Virginia

6.5 6.5 6.9 6.6 5.8 6.6 5.8 5.7 6.8 6.6

Wisconsin

5.2 5.5 5.5 5.3 5.0 5.8 5.2 4.8 5.5 5.4

Wyoming

8.3 8.9 8.4 8.2 8.6 8.2 8.4 8.3 9.0 9.0

Puerto Rico

5.7 4.9 5.4 5.6 5.4 5.3 4.8 4.6 4.9 5.1

Virgin Islands

8.2 6.0 5.6 4.3 4.4 6.8 5.9 4.5 5.1 6.1

(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.

 

Last Modified Date: Friday, May 16, 2025