Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

News Release Information

24-1581-DAL
Tuesday, July 30, 2024

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

Business Employment Dynamics in Oklahoma – Fourth Quarter 2023

From September 2023 to December 2023, gross job gains from opening and expanding private-sector establishments in Oklahoma were 81,669, while gross job losses from closing and contracting private-sector establishments were 77,731, 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 3,938 jobs in the private sector during the fourth quarter of 2023. During the previous quarter, gross job gains exceeded gross job losses by 2,698. (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 fourth quarter of 2023, gross job gains represented 6.1 percent of private-sector employment in Oklahoma; nationally, gross job gains accounted for 5.9 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 Oklahoma, gross job gains at expanding establishments totaled 63,339 in the fourth quarter of 2023, a decrease of 2,653 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 18,330 jobs gained in the fourth quarter of 2023, an increase of 1,312 jobs from the previous quarter.


Gross job losses

In the fourth quarter of 2023, gross job losses represented 5.7 percent of private-sector employment in Oklahoma; nationally, gross job losses accounted for 5.6 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 Oklahoma, contracting establishments lost 59,785 jobs in the fourth quarter of 2023, a decrease of 2,386 jobs from the prior quarter. Closing establishments lost 17,946 jobs, a decrease of 195 jobs from the previous quarter.


Industries

Gross job gains exceeded gross job losses in 6 of the 11 industry sectors in Oklahoma in the fourth quarter of 2023. Transportation and warehousing had the largest over-the-quarter net job increase, with a gain of 2,376. This was the result of 5,125 gross job gains and 2,749 gross job losses. Education and health services had the second largest net gain of 2,247. Retail trade showed a net loss of 2,192 jobs, the largest 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 the Business Employment Dynamics Home.

The Business Employment Dynamics for First Quarter 2024 are scheduled to be released on Wednesday, October 30, 2024.

Revisions to Business Employment Dynamics (BED) Data

The release of First Quarter 2024 Business Employment Dynamics data, scheduled for October 30, 2024, will incorporate annual revisions in accordance with standard procedures. The revisions will include the previous four quarters of not seasonally adjusted data and five years of seasonally adjusted data.


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, Oklahoma, 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)
Dec.
2022
Mar.
2023
June
2023
Sept.
2023
Dec.
2023
Dec.
2022
Mar.
2023
June
2023
Sept.
2023
Dec.
2023

Total private(1)

Gross job gains

88,157 83,640 82,988 83,010 81,669 6.6 6.3 6.2 6.2 6.1

At expanding establishments

68,014 64,998 64,826 65,992 63,339 5.1 4.9 4.8 4.9 4.7

At opening establishments

20,143 18,642 18,162 17,018 18,330 1.5 1.4 1.4 1.3 1.4

Gross job losses

78,069 70,808 80,274 80,312 77,731 5.9 5.3 6.0 6.0 5.7

At contracting establishments

60,906 56,589 66,035 62,171 59,785 4.6 4.2 4.9 4.6 4.4

At closing establishments

17,163 14,219 14,239 18,141 17,946 1.3 1.1 1.1 1.4 1.3

Net employment change(2)

Construction

Gross job gains

6,796 7,050 6,954 7,121 7,457 8.4 8.7 8.4 8.7 8.9

At expanding establishments

5,091 5,603 5,292 5,506 5,779 6.3 6.9 6.4 6.7 6.9

At opening establishments

1,705 1,447 1,662 1,615 1,678 2.1 1.8 2.0 2.0 2.0

Gross job losses

6,480 5,641 6,329 6,551 6,317 8.1 7.0 7.7 7.9 7.5

At contracting establishments

4,951 4,050 5,047 4,803 5,026 6.2 5.0 6.1 5.8 6.0

At closing establishments

1,529 1,591 1,282 1,748 1,291 1.9 2.0 1.6 2.1 1.5

Net employment change(2)

Manufacturing

Gross job gains

5,758 4,346 5,976 4,302 4,660 4.3 3.2 4.3 3.1 3.4

At expanding establishments

5,082 3,907 4,845 3,889 4,160 3.8 2.9 3.5 2.8 3.0

At opening establishments

676 439 1,131 413 500 0.5 0.3 0.8 0.3 0.4

Gross job losses

4,333 3,787 3,986 4,669 5,086 3.3 2.8 2.8 3.3 3.6

At contracting establishments

3,583 3,114 3,503 3,791 3,833 2.7 2.3 2.5 2.7 2.7

At closing establishments

750 673 483 878 1,253 0.6 0.5 0.3 0.6 0.9

Net employment change(2)

Wholesale trade

Gross job gains

3,493 3,407 3,339 3,025 2,945 6.0 5.8 5.6 5.1 4.9

At expanding establishments

2,522 2,533 2,382 2,416 2,166 4.3 4.3 4.0 4.1 3.6

At opening establishments

971 874 957 609 779 1.7 1.5 1.6 1.0 1.3

Gross job losses

2,794 2,687 2,536 2,952 2,475 4.9 4.6 4.2 5.0 4.2

At contracting establishments

1,949 2,012 2,034 2,202 1,784 3.4 3.4 3.4 3.7 3.0

At closing establishments

845 675 502 750 691 1.5 1.2 0.8 1.3 1.2

Net employment change(2)

Retail trade

Gross job gains

10,299 10,892 10,664 10,318 9,289 5.6 5.9 5.7 5.5 5.0

At expanding establishments

8,350 8,685 8,973 8,775 7,448 4.5 4.7 4.8 4.7 4.0

At opening establishments

1,949 2,207 1,691 1,543 1,841 1.1 1.2 0.9 0.8 1.0

Gross job losses

12,087 9,081 11,069 10,960 11,481 6.5 4.9 5.9 5.8 6.2

At contracting establishments

10,029 8,012 9,136 9,077 9,771 5.4 4.3 4.9 4.8 5.3

At closing establishments

2,058 1,069 1,933 1,883 1,710 1.1 0.6 1.0 1.0 0.9

Net employment change(2)

Transportation and warehousing

Gross job gains

4,797 2,577 2,686 2,410 5,125 6.8 3.8 4.1 3.8 7.9

At expanding establishments

4,241 2,059 2,338 1,929 4,725 6.0 3.0 3.6 3.0 7.3

At opening establishments

556 518 348 481 400 0.8 0.8 0.5 0.8 0.6

Gross job losses

3,465 6,102 4,770 3,595 2,749 4.9 8.9 7.3 5.7 4.3

At contracting establishments

2,868 5,537 4,362 3,025 2,247 4.1 8.1 6.7 4.8 3.5

At closing establishments

597 565 408 570 502 0.8 0.8 0.6 0.9 0.8

Net employment change(2)

Information

Gross job gains

944 1,178 1,383 927 1,562 5.3 6.6 7.6 5.2 8.8

At expanding establishments

554 851 1,036 535 604 3.1 4.8 5.7 3.0 3.4

At opening establishments

390 327 347 392 958 2.2 1.8 1.9 2.2 5.4

Gross job losses

1,084 913 985 1,926 1,193 6.2 5.1 5.4 10.7 6.7

At contracting establishments

875 707 688 660 923 5.0 3.9 3.8 3.7 5.2

At closing establishments

209 206 297 1,266 270 1.2 1.2 1.6 7.0 1.5

Net employment change(2)

Financial activities

Gross job gains

4,318 4,122 4,826 4,385 4,173 5.4 5.2 6.0 5.4 5.1

At expanding establishments

3,037 3,011 3,399 3,340 3,087 3.8 3.8 4.2 4.1 3.8

At opening establishments

1,281 1,111 1,427 1,045 1,086 1.6 1.4 1.8 1.3 1.3

Gross job losses

4,005 3,610 3,780 3,945 4,196 5.1 4.6 4.7 4.9 5.2

At contracting establishments

2,923 2,768 2,708 2,650 3,127 3.7 3.5 3.4 3.3 3.9

At closing establishments

1,082 842 1,072 1,295 1,069 1.4 1.1 1.3 1.6 1.3

Net employment change(2)

Professional and business services

Gross job gains

16,579 15,680 15,957 16,797 14,583 7.9 7.5 7.6 8.0 7.0

At expanding establishments

11,706 11,676 11,903 12,988 10,807 5.6 5.6 5.7 6.2 5.2

At opening establishments

4,873 4,004 4,054 3,809 3,776 2.3 1.9 1.9 1.8 1.8

Gross job losses

15,335 13,637 16,734 17,262 15,683 7.3 6.5 7.9 8.2 7.5

At contracting establishments

11,910 10,272 13,762 12,824 11,573 5.7 4.9 6.5 6.1 5.5

At closing establishments

3,425 3,365 2,972 4,438 4,110 1.6 1.6 1.4 2.1 2.0

Net employment change(2)

Education and health services

Gross job gains

12,954 11,912 12,056 11,663 11,610 5.8 5.3 5.2 5.1 4.9

At expanding establishments

10,749 9,697 10,132 9,414 9,239 4.8 4.3 4.4 4.1 3.9

At opening establishments

2,205 2,215 1,924 2,249 2,371 1.0 1.0 0.8 1.0 1.0

Gross job losses

9,415 8,481 9,690 8,965 9,363 4.2 3.8 4.2 3.9 4.0

At contracting establishments

7,110 6,499 7,783 7,147 6,659 3.2 2.9 3.4 3.1 2.8

At closing establishments

2,305 1,982 1,907 1,818 2,704 1.0 0.9 0.8 0.8 1.2

Net employment change(2)

Leisure and hospitality

Gross job gains

15,916 15,762 13,793 15,138 15,202 9.0 8.7 7.6 8.4 8.3

At expanding establishments

11,943 11,572 10,685 11,683 11,388 6.8 6.4 5.9 6.5 6.2

At opening establishments

3,973 4,190 3,108 3,455 3,814 2.2 2.3 1.7 1.9 2.1

Gross job losses

13,592 11,973 15,120 13,886 13,393 7.7 6.7 8.4 7.7 7.3

At contracting establishments

10,512 9,887 12,732 11,774 10,451 6.0 5.5 7.1 6.5 5.7

At closing establishments

3,080 2,086 2,388 2,112 2,942 1.7 1.2 1.3 1.2 1.6

Net employment change(2)

Other services(3)

Gross job gains

3,291 3,168 3,034 3,053 2,707 8.8 8.4 7.9 7.9 7.0

At expanding establishments

2,370 2,348 2,145 2,352 2,127 6.3 6.2 5.6 6.1 5.5

At opening establishments

921 820 889 701 580 2.5 2.2 2.3 1.8 1.5

Gross job losses

2,756 2,555 2,473 2,621 3,121 7.4 6.8 6.4 6.7 8.0

At contracting establishments

1,965 1,918 1,808 1,989 2,363 5.3 5.1 4.7 5.1 6.1

At closing establishments

791 637 665 632 758 2.1 1.7 1.7 1.6 1.9

Net employment change(2)

(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)
Dec.
2022
Mar.
2023
June
2023
Sept.
2023
Dec.
2023
Dec.
2022
Mar.
2023
June
2023
Sept.
2023
Dec.
2023

United States(1)

6.3 6.2 6.2 5.8 5.9 5.9 5.4 5.9 5.9 5.6

Alabama

6.6 6.4 5.9 5.9 6.2 6.1 5.5 5.7 6.0 5.8

Alaska

10.9 10.4 11.0 8.5 10.1 9.2 8.0 8.9 10.5 9.9

Arizona

6.6 5.9 7.0 6.7 6.6 6.0 5.4 6.5 5.9 6.9

Arkansas

6.2 5.8 5.8 5.6 6.1 5.2 5.0 6.0 5.7 5.3

California

6.6 6.1 6.7 6.2 6.3 6.6 6.4 6.4 6.5 6.5

Colorado

7.6 7.2 7.3 5.5 8.4 6.9 6.5 6.6 6.2 7.5

Connecticut

5.9 6.1 6.4 5.8 5.6 5.9 5.3 5.7 6.2 5.7

Delaware

7.0 6.7 6.0 6.0 6.2 7.5 5.2 5.7 6.5 5.9

District of Columbia

5.6 5.9 5.4 5.5 5.2 5.5 4.8 5.3 5.4 5.6

Florida

6.2 6.3 6.8 6.5 5.9 6.0 5.6 5.8 5.8 5.8

Georgia

6.7 6.2 6.4 6.1 6.1 5.9 5.8 6.5 6.1 5.7

Hawaii

6.0 5.5 5.7 5.3 6.1 4.9 5.0 5.2 6.9 5.0

Idaho

8.4 7.9 7.9 7.3 8.5 6.9 7.5 7.5 8.2 5.8

Illinois

5.4 5.8 5.4 4.8 4.9 5.1 4.8 5.3 5.5 5.1

Indiana

5.7 5.5 5.5 5.8 5.6 5.2 5.0 6.1 5.8 5.3

Iowa

6.4 6.0 6.0 5.5 6.0 6.2 5.4 5.9 5.8 5.7

Kansas

6.3 6.1 6.1 5.7 5.8 5.6 5.4 6.0 6.0 5.4

Kentucky

6.0 6.1 5.6 5.7 5.7 5.3 4.9 5.9 5.5 5.2

Louisiana

6.1 6.3 6.1 6.2 6.2 6.2 5.6 6.4 6.0 6.1

Maine

7.4 7.7 7.6 6.8 7.3 6.8 6.2 7.6 7.8 7.0

Maryland

6.6 6.8 6.7 6.4 6.3 6.9 5.6 6.3 6.5 5.9

Massachusetts

5.5 5.8 5.9 5.4 5.3 5.8 4.7 5.7 6.1 5.6

Michigan

5.9 5.7 5.9 5.2 5.5 5.2 4.9 5.3 5.9 5.6

Minnesota

5.9 5.7 6.0 3.1 6.8 5.8 4.9 5.6 4.2 7.0

Mississippi

6.8 6.1 6.3 6.2 6.1 6.2 5.7 6.6 6.2 5.7

Missouri

6.1 6.5 5.9 5.6 6.0 5.8 5.1 5.9 5.8 5.6

Montana

9.2 8.7 7.8 7.7 8.8 7.8 7.1 8.4 8.5 7.2

Nebraska

6.0 6.3 6.0 6.0 5.9 5.7 5.1 5.6 5.9 5.6

Nevada

6.4 6.2 6.6 6.5 6.6 6.1 5.7 6.0 5.5 5.1

New Hampshire

6.7 7.0 6.7 5.9 6.2 6.0 5.9 6.3 6.7 5.9

New Jersey

6.8 6.1 6.8 5.9 5.9 5.9 5.7 5.9 5.9 5.8

New Mexico

6.7 6.8 6.4 6.1 6.9 6.2 5.9 6.2 6.7 5.8

New York

5.9 6.5 6.3 5.8 5.8 6.0 5.1 5.7 6.1 5.7

North Carolina

6.6 6.4 6.1 5.6 6.1 5.7 5.3 5.7 6.2 4.7

North Dakota

6.4 7.6 6.9 6.6 6.7 6.7 5.6 6.7 6.6 6.3

Ohio

5.9 5.8 5.6 5.2 5.3 5.7 4.9 5.7 5.7 5.2

Oklahoma

6.6 6.3 6.2 6.2 6.1 5.9 5.3 6.0 6.0 5.7

Oregon

6.5 7.3 6.4 6.1 6.1 6.2 6.1 6.9 6.9 6.3

Pennsylvania

5.5 5.5 5.2 5.2 5.2 5.2 4.6 5.5 5.2 4.9

Rhode Island

6.9 7.5 6.7 6.5 6.8 6.4 5.9 7.0 6.8 6.4

South Carolina

6.9 6.8 6.4 6.8 6.2 6.2 5.8 6.8 5.7 5.4

South Dakota

6.5 7.2 6.8 6.3 6.6 6.5 5.9 6.2 6.3 5.9

Tennessee

5.8 5.9 5.9 2.7 4.9 5.6 5.0 5.5 4.2 4.6

Texas

6.2 5.9 5.8 5.7 5.7 5.3 5.0 5.4 5.5 5.2

Utah

6.9 7.0 6.8 6.8 6.4 6.6 6.2 6.2 6.5 6.2

Vermont

7.8 8.2 7.4 6.3 7.2 7.0 6.0 7.5 8.0 6.6

Virginia

6.2 6.2 6.0 5.8 5.9 5.8 5.2 5.8 6.0 5.6

Washington

5.9 6.4 6.0 5.4 6.0 5.3 5.5 5.6 6.0 5.2

West Virginia

6.6 7.1 6.1 6.5 6.1 6.4 5.3 6.1 6.5 6.5

Wisconsin

6.0 6.0 5.6 5.2 5.4 5.5 4.9 5.9 5.9 5.1

Wyoming

9.2 8.9 8.4 8.2 8.8 7.9 7.8 8.7 8.2 8.3

Puerto Rico

6.6 5.1 5.8 5.7 4.9 6.1 5.7 4.9 5.4 4.8

Virgin Islands

5.9 7.5 7.4 8.2 5.7 4.7 6.5 6.8 7.1 5.8

(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: Tuesday, July 30, 2024