Business Employment Dynamics in Idaho — Third Quarter 2024

From June 2024 to September 2024, gross job losses from closing and contracting private-sector establishments in Idaho were 55,436, while gross job gains from opening and expanding private-sector establishments were 52,410, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Chris Rosenlund noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment loss of 3,026 jobs in the private sector during the third quarter of 2024. (See table 1.) During the previous quarter, gross job gains exceeded gross job losses by 692. (See chart 1.)

Chart 1. Private-sector gross job gains and losses in Idaho, September 2019–September 2024, seasonally adjusted

View Chart Data

Chart 1. Private-sector gross job gains and losses in Idaho, September 2019–September 2024, seasonally adjusted
Period	Gross job losses	Gross job gains
Sep 2019	42,310	43,562
Dec 2019	40,357	48,580
Mar 2020	40,077	48,323
Jun 2020	70,032	40,044
Sep 2020	39,893	52,949
Dec 2020	39,303	55,375
Mar 2021	37,638	54,135
Jun 2021	47,278	48,831
Sep 2021	48,662	51,107
Dec 2021	42,517	57,670
Mar 2022	43,139	59,048
Jun 2022	58,631	50,281
Sep 2022	52,056	54,624
Dec 2022	48,245	58,589
Mar 2023	51,918	56,847
Jun 2023	52,514	55,694
Sep 2023	56,682	51,259
Dec 2023	41,703	61,176
Mar 2024	60,854	57,320
Jun 2024	54,254	54,946
Sep 2024	55,436	52,410

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 losses

In the third quarter of 2024, gross job losses represented 7.6 percent of private-sector employment in Idaho; nationally, gross job losses accounted for 5.8 percent of private-sector employment. (See chart 2.) Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. In Idaho, contracting establishments lost 39,796 jobs in the third quarter of 2024, a decrease of 957 jobs from the prior quarter. Closing establishments lost 15,640 jobs, an increase of 2,139 jobs from the previous quarter.

View Chart Data

Chart 2. Private-sector gross job losses as a percent of employment, United States and Idaho, September 2019–September 2024, seasonally adjusted
Period	Idaho	United States
Sep 2019	6.7	5.8
Dec 2019	6.3	5.5
Mar 2020	6.2	6.3
Jun 2020	11.0	16.8
Sep 2020	6.4	5.9
Dec 2020	6.1	5.7
Mar 2021	5.7	5.5
Jun 2021	7.1	5.9
Sep 2021	7.3	6.1
Dec 2021	6.3	5.4
Mar 2022	6.2	5.5
Jun 2022	8.3	6.2
Sep 2022	7.5	5.9
Dec 2022	6.9	5.9
Mar 2023	7.3	5.5
Jun 2023	7.4	5.9
Sep 2023	7.9	6.0
Dec 2023	5.8	5.7
Mar 2024	8.3	5.4
Jun 2024	7.4	5.9
Sep 2024	7.6	5.8

Gross job gains

In the third quarter of 2024, gross job gains represented 7.2 percent of private-sector employment in Idaho; nationally, gross job gains accounted for 5.8 percent of private-sector employment. (See chart 3.) 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 Idaho, gross job gains at expanding establishments totaled 39,621 in the third quarter of 2024, an increase of 24 jobs compared to the previous quarter. Opening establishments accounted for 12,789 jobs gained in the third quarter of 2024, a decrease of 2,560 jobs from the previous quarter.

View Chart Data

Chart 3. Private-sector gross job gains as a percent of employment, United States and Idaho, September 2019–September 2024, seasonally adjusted
Period	Idaho	United States
Sep 2019	6.9	5.9
Dec 2019	7.6	6.2
Mar 2020	7.5	5.5
Jun 2020	6.3	4.8
Sep 2020	8.4	9.5
Dec 2020	8.6	7.4
Mar 2021	8.2	6.9
Jun 2021	7.4	6.8
Sep 2021	7.7	7.3
Dec 2021	8.5	7.7
Mar 2022	8.5	6.7
Jun 2022	7.1	6.5
Sep 2022	7.8	6.9
Dec 2022	8.4	6.3
Mar 2023	7.9	6.3
Jun 2023	7.8	6.2
Sep 2023	7.2	5.9
Dec 2023	8.5	6.0
Mar 2024	7.9	5.7
Jun 2024	7.5	5.8
Sep 2024	7.2	5.8

Industries

Gross job losses exceeded gross job gains in 5 of the 10 published industry sectors in Idaho in the third quarter of 2024. Leisure and hospitality had the largest over-the-quarter net job decrease, with a loss of 2,209 jobs. This was the result of 10,635 gross job losses and 8,426 gross job gains. Education and health services saw a net loss of 1,596 jobs. Professional and business services had a net loss of 1,474 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, Idaho, seasonally adjusted
Category	Gross job gains and losses (3 months ended)					Gross job gains and losses as a percent of employment (3 months ended)
Category	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	51,259	61,176	57,320	54,946	52,410	7.2	8.5	7.9	7.5	7.2
At expanding establishments	37,796	40,413	46,628	39,597	39,621	5.3	5.6	6.4	5.4	5.4
At opening establishments	13,463	20,763	10,692	15,349	12,789	1.9	2.9	1.5	2.1	1.8
Gross job losses	56,682	41,703	60,854	54,254	55,436	7.9	5.8	8.3	7.4	7.6
At contracting establishments	39,288	35,879	39,115	40,753	39,796	5.5	5.0	5.3	5.6	5.5
At closing establishments	17,394	5,824	21,739	13,501	15,640	2.4	0.8	3.0	1.8	2.1
Net employment change (2)	-5,423	19,473	-3,534	692	-3,026	-0.7	2.7	-0.4	0.1	-0.4
Construction
Gross job gains	7,220	9,355	7,879	7,028	7,377	11.2	14.0	11.1	10.2	11.0
At expanding establishments	4,762	6,069	6,447	5,028	5,108	7.4	9.1	9.1	7.3	7.6
At opening establishments	2,458	3,286	1,432	2,000	2,269	3.8	4.9	2.0	2.9	3.4
Gross job losses	7,591	4,771	7,701	8,699	7,759	11.9	7.1	10.9	12.6	11.6
At contracting establishments	5,176	4,155	4,794	5,948	5,634	8.1	6.2	6.8	8.6	8.4
At closing establishments	2,415	616	2,907	2,751	2,125	3.8	0.9	4.1	4.0	3.2
Net employment change (2)	-371	4,584	178	-1,671	-382	-0.7	6.9	0.2	-2.4	-0.6
Manufacturing
Gross job gains	2,637	3,501	2,954	2,859	2,794	3.6	4.7	4.0	3.9	3.7
At expanding establishments	2,145	2,982	2,513	2,368	2,393	2.9	4.0	3.4	3.2	3.2
At opening establishments	492	519	441	491	401	0.7	0.7	0.6	0.7	0.5
Gross job losses	2,902	2,022	3,351	3,304	2,505	3.9	2.7	4.5	4.5	3.4
At contracting establishments	2,439	1,847	2,700	2,736	2,152	3.3	2.5	3.6	3.7	2.9
At closing establishments	463	175	651	568	353	0.6	0.2	0.9	0.8	0.5
Net employment change (2)	-265	1,479	-397	-445	289	-0.3	2.0	-0.5	-0.6	0.3
Wholesale trade
Gross job gains	1,776	2,020	2,083	1,911	1,900	5.1	5.7	5.9	5.4	5.3
At expanding establishments	1,221	1,422	1,627	1,536	1,481	3.5	4.0	4.6	4.3	4.1
At opening establishments	555	598	456	375	419	1.6	1.7	1.3	1.1	1.2
Gross job losses	1,687	1,762	1,862	1,708	1,648	4.8	5.0	5.3	4.8	4.6
At contracting establishments	1,221	1,152	1,209	1,253	1,136	3.5	3.3	3.4	3.5	3.2
At closing establishments	466	610	653	455	512	1.3	1.7	1.9	1.3	1.4
Net employment change (2)	89	258	221	203	252	0.3	0.7	0.6	0.6	0.7
Retail trade
Gross job gains	5,429	5,039	5,792	4,763	5,222	5.8	5.4	6.1	5.0	5.5
At expanding establishments	4,428	3,961	5,022	4,033	4,268	4.7	4.2	5.3	4.2	4.5
At opening establishments	1,001	1,078	770	730	954	1.1	1.2	0.8	0.8	1.0
Gross job losses	5,531	4,752	4,954	5,674	5,822	5.9	5.0	5.3	5.9	6.2
At contracting establishments	4,689	4,242	3,387	4,875	4,902	5.0	4.5	3.6	5.1	5.2
At closing establishments	842	510	1,567	799	920	0.9	0.5	1.7	0.8	1.0
Net employment change (2)	-102	287	838	-911	-600	-0.1	0.4	0.8	-0.9	-0.7
Transportation and warehousing
Gross job gains	2,002	2,916	1,983	1,867	1,962	7.2	10.2	6.9	6.6	6.9
At expanding establishments	1,638	2,404	1,616	1,575	1,590	5.9	8.4	5.6	5.6	5.6
At opening establishments	364	512	367	292	372	1.3	1.8	1.3	1.0	1.3
Gross job losses	1,755	1,299	3,225	1,923	1,627	6.3	4.5	11.2	6.8	5.8
At contracting establishments	1,310	1,044	2,560	1,355	1,243	4.7	3.6	8.9	4.8	4.4
At closing establishments	445	255	665	568	384	1.6	0.9	2.3	2.0	1.4
Net employment change (2)	247	1,617	-1,242	-56	335	0.9	5.7	-4.3	-0.2	1.1
Financial activities
Gross job gains	2,375	2,744	2,403	2,503	2,541	6.1	7.1	6.2	6.6	6.6
At expanding establishments	1,515	1,694	1,669	1,707	1,744	3.9	4.4	4.3	4.5	4.5
At opening establishments	860	1,050	734	796	797	2.2	2.7	1.9	2.1	2.1
Gross job losses	2,560	2,568	2,633	2,780	2,193	6.6	6.6	6.8	7.3	5.8
At contracting establishments	1,733	1,821	1,511	1,708	1,556	4.5	4.7	3.9	4.5	4.1
At closing establishments	827	747	1,122	1,072	637	2.1	1.9	2.9	2.8	1.7
Net employment change (2)	-185	176	-230	-277	348	-0.5	0.5	-0.6	-0.7	0.8
Professional and business services
Gross job gains	7,839	8,588	8,212	8,691	7,684	7.3	8.0	7.5	8.1	7.1
At expanding establishments	5,382	5,507	6,340	6,221	5,333	5.0	5.1	5.8	5.8	4.9
At opening establishments	2,457	3,081	1,872	2,470	2,351	2.3	2.9	1.7	2.3	2.2
Gross job losses	9,105	7,041	8,927	8,082	9,158	8.5	6.5	8.2	7.5	8.5
At contracting establishments	6,542	5,750	5,241	5,947	6,759	6.1	5.3	4.8	5.5	6.3
At closing establishments	2,563	1,291	3,686	2,135	2,399	2.4	1.2	3.4	2.0	2.2
Net employment change (2)	-1,266	1,547	-715	609	-1,474	-1.2	1.5	-0.7	0.6	-1.4
Education and health services
Gross job gains	7,265	10,421	10,653	9,629	7,229	6.1	8.5	8.6	7.6	5.6
At expanding establishments	5,373	4,654	9,307	5,039	5,725	4.5	3.8	7.5	4.0	4.4
At opening establishments	1,892	5,767	1,346	4,590	1,504	1.6	4.7	1.1	3.6	1.2
Gross job losses	8,898	4,663	8,587	6,254	8,825	7.5	3.8	6.9	4.9	6.9
At contracting establishments	3,817	4,031	3,641	4,336	4,110	3.2	3.3	2.9	3.4	3.2
At closing establishments	5,081	632	4,946	1,918	4,715	4.3	0.5	4.0	1.5	3.7
Net employment change (2)	-1,633	5,758	2,066	3,375	-1,596	-1.4	4.7	1.7	2.7	-1.3
Leisure and hospitality
Gross job gains	8,315	10,325	9,351	10,229	8,426	9.0	11.0	9.8	10.9	9.1
At expanding establishments	6,293	7,383	7,137	7,938	6,484	6.8	7.9	7.5	8.5	7.0
At opening establishments	2,022	2,942	2,214	2,291	1,942	2.2	3.1	2.3	2.4	2.1
Gross job losses	10,890	7,764	13,489	9,776	10,635	11.7	8.3	14.2	10.4	11.4
At contracting establishments	8,280	7,321	9,887	7,991	8,417	8.9	7.8	10.4	8.5	9.0
At closing establishments	2,610	443	3,602	1,785	2,218	2.8	0.5	3.8	1.9	2.4
Net employment change (2)	-2,575	2,561	-4,138	453	-2,209	-2.7	2.7	-4.4	0.5	-2.3
Other services (3)
Gross job gains	1,615	2,095	1,693	1,916	2,112	7.9	10.0	8.0	9.1	9.9
At expanding establishments	1,079	1,279	1,254	1,348	1,294	5.3	6.1	5.9	6.4	6.1
At opening establishments	536	816	439	568	818	2.6	3.9	2.1	2.7	3.8
Gross job losses	1,983	1,154	1,883	1,812	1,780	9.7	5.6	8.9	8.6	8.3
At contracting establishments	1,231	954	1,169	1,201	1,101	6.0	4.6	5.5	5.7	5.1
At closing establishments	752	200	714	611	679	3.7	1.0	3.4	2.9	3.2
Net employment change (2)	-368	941	-190	104	332	-1.8	4.4	-0.9	0.5	1.6
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)
Category	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
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.

Last Modified Date: Thursday, July 03, 2025

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Business Employment Dynamics in Idaho — Third Quarter 2024