Business Employment Dynamics in Oregon — Second Quarter 2024

From March 2024 to June 2024, gross job losses from closing and contracting private-sector establishments in Oregon were 108,998, while gross job gains from opening and expanding private-sector establishments were 103,160, 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 5,838 jobs in the private sector during the second quarter of 2024. During the previous quarter, gross job gains exceeded gross job losses by 3,909. (See chart 1.)

Line chart of private-sector gross job gains and losses in Oregon, June 2019–June 2024, seasonally adjusted.

View Chart Data

Chart 1. Private-sector gross job gains and losses in Oregon, June 2019–June 2024, seasonally adjusted
Period	Gross job losses	Gross job gains
Jun 2019	99,237	105,560
Sep 2019	102,208	103,116
Dec 2019	96,865	110,605
Mar 2020	111,189	113,686
Jun 2020	286,405	81,518
Sep 2020	95,686	137,964
Dec 2020	101,599	114,550
Mar 2021	88,428	136,105
Jun 2021	105,280	107,102
Sep 2021	104,146	114,106
Dec 2021	99,954	125,771
Mar 2022	93,647	125,275
Jun 2022	115,912	100,037
Sep 2022	98,109	111,088
Dec 2022	104,789	109,230
Mar 2023	99,788	128,284
Jun 2023	113,616	109,006
Sep 2023	113,756	101,949
Dec 2023	104,873	104,824
Mar 2024	103,780	107,689
Jun 2024	108,998	103,160

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 6.0 percent of private-sector employment in Oregon; 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 Oregon, gross job gains at expanding establishments totaled 84,267 in the second quarter of 2024, a decrease of 2,021 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 18,893 jobs gained in the second quarter of 2024, a decrease of 2,508 jobs from the previous quarter.

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Chart 2. Private-sector gross job gains as a percent of employment, United States and Oregon, June 2019–June 2024, seasonally adjusted
Period	Oregon	United States
Jun 2019	6.3	6.1
Sep 2019	6.2	5.9
Dec 2019	6.6	6.2
Mar 2020	6.7	5.5
Jun 2020	5.1	4.8
Sep 2020	9.0	9.5
Dec 2020	7.4	7.4
Mar 2021	8.6	6.9
Jun 2021	6.6	6.8
Sep 2021	7.1	7.3
Dec 2021	7.8	7.7
Mar 2022	7.5	6.7
Jun 2022	6.0	6.5
Sep 2022	6.7	6.9
Dec 2022	6.5	6.3
Mar 2023	7.6	6.3
Jun 2023	6.4	6.2
Sep 2023	6.1	5.9
Dec 2023	6.2	6.0
Mar 2024	6.4	5.7
Jun 2024	6.0	5.8

Gross job losses

In the second quarter of 2024, gross job losses represented 6.4 percent of private-sector employment in Oregon; 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 Oregon, contracting establishments lost 87,615 jobs in the second quarter of 2024, an increase of 6,319 jobs from the prior quarter. Closing establishments lost 21,383 jobs, a decrease of 1,101 jobs from the previous quarter.

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Chart 3. Private-sector gross job losses as a percent of employment, United States and Oregon, June 2019–June 2024, seasonally adjusted
Period	Oregon	United States
Jun 2019	6.0	5.9
Sep 2019	6.1	5.8
Dec 2019	5.8	5.5
Mar 2020	6.6	6.3
Jun 2020	18.0	16.8
Sep 2020	6.3	5.9
Dec 2020	6.5	5.7
Mar 2021	5.6	5.5
Jun 2021	6.6	5.9
Sep 2021	6.4	6.1
Dec 2021	6.1	5.4
Mar 2022	5.6	5.5
Jun 2022	6.9	6.2
Sep 2022	5.9	5.9
Dec 2022	6.2	5.9
Mar 2023	5.9	5.5
Jun 2023	6.6	5.9
Sep 2023	6.7	6.0
Dec 2023	6.2	5.7
Mar 2024	6.1	5.4
Jun 2024	6.4	5.9

Industries

Gross job losses exceeded gross job gains in 8 of the 11 published industry sectors in Oregon in the second quarter of 2024. Retail trade had the largest over-the-quarter net job decrease, with a loss of 2,691 jobs. This was the result of 12,082 gross job losses and 9,391 gross job gains. The construction industry had a net loss of 2,054 jobs. Education and health services showed a net gain of 2,905 jobs, the largest gain 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 Third Quarter 2024 are scheduled to be released on Wednesday, May 7, 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, Oregon, 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	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	109,006	101,949	104,824	107,689	103,160	6.4	6.1	6.2	6.4	6.0
At expanding establishments	85,340	82,395	85,222	86,288	84,267	5.0	4.9	5.0	5.1	4.9
At opening establishments	23,666	19,554	19,602	21,401	18,893	1.4	1.2	1.2	1.3	1.1
Gross job losses	113,616	113,756	104,873	103,780	108,998	6.6	6.7	6.2	6.1	6.4
At contracting establishments	92,497	90,334	84,683	81,296	87,615	5.4	5.3	5.0	4.8	5.1
At closing establishments	21,119	23,422	20,190	22,484	21,383	1.2	1.4	1.2	1.3	1.3
Net employment change (2)	-4,610	-11,807	-49	3,909	-5,838	-0.2	-0.6	0.0	0.3	-0.4
Construction
Gross job gains	10,213	9,206	9,968	10,757	9,038	8.6	7.9	8.6	9.1	7.7
At expanding establishments	7,654	7,302	7,870	8,258	7,187	6.4	6.3	6.8	7.0	6.1
At opening establishments	2,559	1,904	2,098	2,499	1,851	2.2	1.6	1.8	2.1	1.6
Gross job losses	10,761	11,449	9,142	10,286	11,092	9.0	9.9	7.9	8.7	9.4
At contracting establishments	8,706	8,761	7,195	7,694	8,482	7.3	7.6	6.2	6.5	7.2
At closing establishments	2,055	2,688	1,947	2,592	2,610	1.7	2.3	1.7	2.2	2.2
Net employment change (2)	-548	-2,243	826	471	-2,054	-0.4	-2.0	0.7	0.4	-1.7
Manufacturing
Gross job gains	6,031	4,828	6,403	6,629	6,620	3.1	2.6	3.4	3.5	3.6
At expanding establishments	5,443	4,086	5,752	5,972	6,147	2.8	2.2	3.1	3.2	3.3
At opening establishments	588	742	651	657	473	0.3	0.4	0.3	0.3	0.3
Gross job losses	9,470	8,214	6,296	6,592	7,462	4.9	4.3	3.4	3.5	4.0
At contracting establishments	8,431	7,210	5,543	5,721	6,528	4.4	3.8	3.0	3.0	3.5
At closing establishments	1,039	1,004	753	871	934	0.5	0.5	0.4	0.5	0.5
Net employment change (2)	-3,439	-3,386	107	37	-842	-1.8	-1.7	0.0	0.0	-0.4
Wholesale trade
Gross job gains	3,391	2,930	3,129	3,303	3,099	4.4	3.7	4.1	4.2	3.9
At expanding establishments	2,711	2,425	2,603	2,806	2,675	3.5	3.1	3.4	3.6	3.4
At opening establishments	680	505	526	497	424	0.9	0.6	0.7	0.6	0.5
Gross job losses	3,445	3,431	3,306	3,302	3,636	4.4	4.4	4.3	4.2	4.6
At contracting establishments	2,684	2,796	2,610	2,574	2,823	3.4	3.6	3.4	3.3	3.6
At closing establishments	761	635	696	728	813	1.0	0.8	0.9	0.9	1.0
Net employment change (2)	-54	-501	-177	1	-537	0.0	-0.7	-0.2	0.0	-0.7
Retail trade
Gross job gains	10,464	10,763	8,605	10,801	9,391	4.9	5.2	4.2	5.3	4.5
At expanding establishments	8,916	9,280	7,290	9,422	8,287	4.2	4.5	3.6	4.6	4.0
At opening establishments	1,548	1,483	1,315	1,379	1,104	0.7	0.7	0.6	0.7	0.5
Gross job losses	14,458	13,552	12,292	9,143	12,082	6.9	6.5	6.0	4.5	5.9
At contracting establishments	12,827	11,610	10,575	7,529	10,735	6.1	5.6	5.2	3.7	5.2
At closing establishments	1,631	1,942	1,717	1,614	1,347	0.8	0.9	0.8	0.8	0.7
Net employment change (2)	-3,994	-2,789	-3,687	1,658	-2,691	-2.0	-1.3	-1.8	0.8	-1.4
Transportation and warehousing
Gross job gains	3,600	3,376	5,281	3,005	3,333	5.0	4.8	7.3	4.1	4.7
At expanding establishments	2,968	3,017	4,894	2,623	2,963	4.1	4.3	6.8	3.6	4.2
At opening establishments	632	359	387	382	370	0.9	0.5	0.5	0.5	0.5
Gross job losses	4,208	4,665	3,191	5,022	3,821	5.8	6.6	4.4	7.0	5.4
At contracting establishments	3,747	4,092	2,602	4,510	3,353	5.2	5.8	3.6	6.3	4.7
At closing establishments	461	573	589	512	468	0.6	0.8	0.8	0.7	0.7
Net employment change (2)	-608	-1,289	2,090	-2,017	-488	-0.8	-1.8	2.9	-2.9	-0.7
Information
Gross job gains	2,114	1,607	1,587	1,661	1,673	5.7	4.4	4.5	4.6	4.6
At expanding establishments	1,450	1,202	1,208	1,187	1,230	3.9	3.3	3.4	3.3	3.4
At opening establishments	664	405	379	474	443	1.8	1.1	1.1	1.3	1.2
Gross job losses	2,626	2,628	2,150	1,909	2,073	7.1	7.2	6.0	5.3	5.7
At contracting establishments	2,036	1,763	1,726	1,364	1,516	5.5	4.8	4.8	3.8	4.2
At closing establishments	590	865	424	545	557	1.6	2.4	1.2	1.5	1.5
Net employment change (2)	-512	-1,021	-563	-248	-400	-1.4	-2.8	-1.5	-0.7	-1.1
Financial activities
Gross job gains	5,678	4,142	3,883	4,420	4,308	6.7	4.9	4.7	5.4	5.3
At expanding establishments	4,225	3,181	3,001	2,974	3,103	5.0	3.8	3.6	3.6	3.8
At opening establishments	1,453	961	882	1,446	1,205	1.7	1.1	1.1	1.8	1.5
Gross job losses	5,503	4,686	4,858	4,825	5,015	6.5	5.6	5.8	5.9	6.1
At contracting establishments	3,802	3,369	3,498	3,290	3,360	4.5	4.0	4.2	4.0	4.1
At closing establishments	1,701	1,317	1,360	1,535	1,655	2.0	1.6	1.6	1.9	2.0
Net employment change (2)	175	-544	-975	-405	-707	0.2	-0.7	-1.1	-0.5	-0.8
Professional and business services
Gross job gains	16,171	14,951	17,302	15,058	16,097	6.0	5.6	6.6	5.7	6.1
At expanding establishments	11,820	11,737	14,485	11,811	13,112	4.4	4.4	5.5	4.5	5.0
At opening establishments	4,351	3,214	2,817	3,247	2,985	1.6	1.2	1.1	1.2	1.1
Gross job losses	17,916	19,897	17,194	16,509	17,712	6.6	7.6	6.5	6.3	6.8
At contracting establishments	14,841	15,520	13,241	12,561	13,832	5.5	5.9	5.0	4.8	5.3
At closing establishments	3,075	4,377	3,953	3,948	3,880	1.1	1.7	1.5	1.5	1.5
Net employment change (2)	-1,745	-4,946	108	-1,451	-1,615	-0.6	-2.0	0.1	-0.6	-0.7
Education and health services
Gross job gains	16,311	16,726	16,046	15,982	16,195	5.2	5.3	5.0	5.0	5.0
At expanding establishments	13,228	14,209	12,932	13,534	13,347	4.2	4.5	4.0	4.2	4.1
At opening establishments	3,083	2,517	3,114	2,448	2,848	1.0	0.8	1.0	0.8	0.9
Gross job losses	12,609	13,153	13,034	12,380	13,290	4.0	4.1	4.1	3.8	4.0
At contracting establishments	9,734	9,630	9,857	9,056	10,181	3.1	3.0	3.1	2.8	3.1
At closing establishments	2,875	3,523	3,177	3,324	3,109	0.9	1.1	1.0	1.0	0.9
Net employment change (2)	3,702	3,573	3,012	3,602	2,905	1.2	1.2	0.9	1.2	1.0
Leisure and hospitality
Gross job gains	18,873	15,354	16,677	16,579	17,178	9.1	7.4	8.1	8.1	8.3
At expanding establishments	14,729	12,305	13,058	13,744	14,511	7.1	5.9	6.3	6.7	7.0
At opening establishments	4,144	3,049	3,619	2,835	2,667	2.0	1.5	1.8	1.4	1.3
Gross job losses	17,901	18,844	16,457	16,810	17,024	8.6	9.1	7.9	8.1	8.2
At contracting establishments	14,334	15,444	13,493	13,717	14,277	6.9	7.5	6.5	6.6	6.9
At closing establishments	3,567	3,400	2,964	3,093	2,747	1.7	1.6	1.4	1.5	1.3
Net employment change (2)	972	-3,490	220	-231	154	0.5	-1.7	0.2	0.0	0.1
Other services (3)
Gross job gains	5,032	4,277	4,185	4,646	4,602	7.7	6.5	6.5	7.1	7.0
At expanding establishments	3,917	3,353	3,362	3,461	3,769	6.0	5.1	5.2	5.3	5.7
At opening establishments	1,115	924	823	1,185	833	1.7	1.4	1.3	1.8	1.3
Gross job losses	4,077	4,627	4,488	4,772	4,271	6.2	7.0	6.9	7.3	6.5
At contracting establishments	2,889	3,493	3,430	3,458	3,011	4.4	5.3	5.3	5.3	4.6
At closing establishments	1,188	1,134	1,058	1,314	1,260	1.8	1.7	1.6	2.0	1.9
Net employment change (2)	955	-350	-303	-126	331	1.5	-0.5	-0.4	-0.2	0.5
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	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.

Last Modified Date: Wednesday, February 19, 2025

Western Information Office

Business Employment Dynamics in Oregon — Second Quarter 2024