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News Release Information

24-856-SAN
Thursday, May 09, 2024

Contacts Technical information: Media contact:
  • (415) 625-2270

Business Employment Dynamics in Hawaii — Third Quarter 2023

From June 2023 to September 2023, gross job losses from closing and contracting private-sector establishments in Hawaii were 34,974, while gross job gains from opening and expanding private-sector establishments were 27,109, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Chris Rosenlund noted that the difference between the number of gross job losses and the number of gross job gains yielded a net employment loss of 7,865 jobs in the private sector during the third quarter of 2023. During the previous quarter, gross job gains exceeded gross job losses by 2,329. (See chart 1.)

Chart 1. Private-sector gross job gains and losses in Hawaii, September 2018-September 2023, seasonally adjusted

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 2023, gross job gains represented 5.3 percent of private-sector employment in Hawaii; 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 Hawaii, gross job gains at expanding establishments totaled 22,568 in the third quarter of 2023, a decrease of 1,162 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 4,541 jobs gained in the third quarter of 2023, a decrease of 880 jobs from the previous quarter.

Chart 2. Private-sector gross job gains as a percent of employment, United States and Hawaii, September 2018–September 2023, seasonally adjusted
Gross job losses

In the third quarter of 2023, gross job losses represented 6.9 percent of private-sector employment in Hawaii; 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 Hawaii, contracting establishments lost 27,017 jobs in the third quarter of 2023, an increase of 4,980 jobs from the prior quarter. Closing establishments lost 7,957 jobs, an increase of 3,172 jobs from the previous quarter.

Chart 3. Private-sector gross job losses as a percent of employment, United States and Hawaii, September 2018–September 2023, seasonally adjusted
Industries

Gross job losses exceeded gross job gains in 6 of the 7 published industry sectors in Hawaii in the third quarter of 2023. Leisure and hospitality had the largest over-the-quarter net job decrease, with a loss of 4,214 jobs. This was the result of 9,848 gross job losses and 5,634 gross job gains. The professional and business services industry had a net loss of 1,012 jobs. Education and health services showed a net gain of 1,318 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 Home.

The Business Employment Dynamics for Fourth Quarter 2023 are scheduled to be released on Wednesday, July 24, 2024.


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, Hawaii, 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.
2022
Dec.
2022
Mar.
2023
June
2023
Sept.
2023
Sept.
2022
Dec.
2022
Mar.
2023
June
2023
Sept.
2023

Total private (1)

Gross job gains

32,013 30,578 28,383 29,151 27,109 6.4 6.0 5.5 5.7 5.3

At expanding establishments

26,143 24,945 23,514 23,730 22,568 5.2 4.9 4.6 4.6 4.4

At opening establishments

5,870 5,633 4,869 5,421 4,541 1.2 1.1 0.9 1.1 0.9

Gross job losses

24,742 24,784 25,797 26,822 34,974 4.9 4.9 5.0 5.2 6.9

At contracting establishments

19,981 20,133 21,654 22,037 27,017 4.0 4.0 4.2 4.3 5.3

At closing establishments

4,761 4,651 4,143 4,785 7,957 0.9 0.9 0.8 0.9 1.6

Net employment change (2)

7,271 5,794 2,586 2,329 -7,865 1.5 1.1 0.5 0.5 -1.6

Construction

Gross job gains

2,746 2,842 2,961 2,968 2,689 7.5 7.7 8.0 7.9 7.2

At expanding establishments

2,390 2,436 2,525 2,590 2,322 6.5 6.6 6.8 6.9 6.2

At opening establishments

356 406 436 378 367 1.0 1.1 1.2 1.0 1.0

Gross job losses

2,371 2,700 2,578 2,839 3,085 6.5 7.4 6.9 7.5 8.2

At contracting establishments

2,070 2,198 2,234 2,368 2,481 5.7 6.0 6.0 6.3 6.6

At closing establishments

301 502 344 471 604 0.8 1.4 0.9 1.2 1.6

Net employment change (2)

375 142 383 129 -396 1.0 0.3 1.1 0.4 -1.0

Retail trade

Gross job gains

4,117 2,735 3,081 3,366 3,224 6.4 4.3 4.8 5.1 5.0

At expanding establishments

3,615 2,316 2,838 3,027 2,837 5.6 3.6 4.4 4.6 4.4

At opening establishments

502 419 243 339 387 0.8 0.7 0.4 0.5 0.6

Gross job losses

3,284 3,160 2,622 3,175 4,061 5.1 4.9 4.1 4.9 6.2

At contracting establishments

2,689 2,887 2,244 2,856 3,065 4.2 4.5 3.5 4.4 4.7

At closing establishments

595 273 378 319 996 0.9 0.4 0.6 0.5 1.5

Net employment change (2)

833 -425 459 191 -837 1.3 -0.6 0.7 0.2 -1.2

Financial activities

Gross job gains

1,457 1,216 1,206 1,380 1,148 5.3 4.4 4.4 5.0 4.2

At expanding establishments

1,188 999 929 1,162 929 4.3 3.6 3.4 4.2 3.4

At opening establishments

269 217 277 218 219 1.0 0.8 1.0 0.8 0.8

Gross job losses

1,373 1,374 1,216 1,311 1,639 5.0 5.0 4.5 4.8 6.0

At contracting establishments

1,015 1,124 925 947 1,264 3.7 4.1 3.4 3.5 4.6

At closing establishments

358 250 291 364 375 1.3 0.9 1.1 1.3 1.4

Net employment change (2)

84 -158 -10 69 -491 0.3 -0.6 -0.1 0.2 -1.8

Professional and business services

Gross job gains

4,385 4,092 3,803 4,284 4,193 6.2 5.7 5.3 6.0 5.9

At expanding establishments

3,457 3,306 3,062 3,587 3,440 4.9 4.6 4.3 5.0 4.8

At opening establishments

928 786 741 697 753 1.3 1.1 1.0 1.0 1.1

Gross job losses

4,083 3,787 3,583 3,606 5,205 5.7 5.3 5.0 5.0 7.3

At contracting establishments

3,122 2,900 2,796 2,600 3,961 4.4 4.1 3.9 3.6 5.6

At closing establishments

961 887 787 1,006 1,244 1.3 1.2 1.1 1.4 1.7

Net employment change (2)

302 305 220 678 -1,012 0.5 0.4 0.3 1.0 -1.4

Education and health services

Gross job gains

4,455 4,464 3,938 4,297 4,524 5.3 5.1 4.5 4.9 5.1

At expanding establishments

3,806 3,908 3,558 3,492 3,969 4.5 4.5 4.1 4.0 4.5

At opening establishments

649 556 380 805 555 0.8 0.6 0.4 0.9 0.6

Gross job losses

3,034 3,609 3,978 4,393 3,206 3.6 4.1 4.6 5.1 3.7

At contracting establishments

2,393 3,059 3,453 3,742 2,601 2.8 3.5 4.0 4.3 3.0

At closing establishments

641 550 525 651 605 0.8 0.6 0.6 0.8 0.7

Net employment change (2)

1,421 855 -40 -96 1,318 1.7 1.0 -0.1 -0.2 1.4

Leisure and hospitality

Gross job gains

7,941 6,536 5,962 6,642 5,634 7.0 5.7 5.1 5.7 4.8

At expanding establishments

6,434 5,379 5,148 5,723 4,719 5.7 4.7 4.4 4.9 4.0

At opening establishments

1,507 1,157 814 919 915 1.3 1.0 0.7 0.8 0.8

Gross job losses

4,697 4,704 5,032 5,165 9,848 4.2 4.1 4.4 4.4 8.5

At contracting establishments

3,888 3,936 4,507 4,356 7,529 3.5 3.4 3.9 3.7 6.5

At closing establishments

809 768 525 809 2,319 0.7 0.7 0.5 0.7 2.0

Net employment change (2)

3,244 1,832 930 1,477 -4,214 2.8 1.6 0.7 1.3 -3.7

Other services (3)

Gross job gains

1,563 1,418 1,448 1,391 1,335 6.4 5.8 5.9 5.6 5.5

At expanding establishments

1,312 1,149 1,231 1,207 1,173 5.4 4.7 5.0 4.9 4.8

At opening establishments

251 269 217 184 162 1.0 1.1 0.9 0.7 0.7

Gross job losses

1,232 1,265 1,259 1,553 1,733 5.1 5.2 5.1 6.3 7.1

At contracting establishments

1,018 998 1,018 1,331 1,401 4.2 4.1 4.1 5.4 5.7

At closing establishments

214 267 241 222 332 0.9 1.1 1.0 0.9 1.4

Net employment change (2)

331 153 189 -162 -398 1.3 0.6 0.8 -0.7 -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)
Sept.
2022
Dec.
2022
Mar.
2023
June
2023
Sept.
2023
Sept.
2022
Dec.
2022
Mar.
2023
June
2023
Sept.
2023

United States(1)

6.9 6.3 6.2 6.2 5.8 5.9 5.9 5.4 5.9 5.9

Alabama

6.9 6.6 6.4 5.9 5.9 5.9 6.1 5.5 5.7 6.0

Alaska

8.5 10.9 10.4 11.0 8.5 10.4 9.2 8.0 8.9 10.5

Arizona

7.1 6.6 5.9 7.0 6.7 5.5 6.0 5.4 6.5 5.9

Arkansas

6.5 6.2 5.8 5.8 5.6 5.2 5.2 5.0 6.0 5.7

California

6.8 6.6 6.1 6.7 6.2 6.2 6.6 6.4 6.4 6.5

Colorado

7.0 7.6 7.2 7.3 5.5 7.1 6.9 6.5 6.6 6.2

Connecticut

6.3 5.9 6.1 6.4 5.8 6.2 5.9 5.3 5.7 6.2

Delaware

8.6 7.0 6.7 6.0 6.0 6.2 7.5 5.2 5.7 6.5

District of Columbia

7.2 5.6 5.9 5.4 5.5 5.0 5.5 4.8 5.3 5.4

Florida

7.8 6.2 6.3 6.8 6.5 5.6 6.0 5.6 5.8 5.8

Georgia

7.1 6.7 6.2 6.4 6.1 5.9 5.9 5.8 6.5 6.1

Hawaii

6.4 6.0 5.5 5.7 5.3 4.9 4.9 5.0 5.2 6.9

Idaho

7.8 8.4 7.9 7.9 7.3 7.5 6.9 7.5 7.5 8.2

Illinois

5.8 5.4 5.8 5.4 4.8 5.3 5.1 4.8 5.3 5.5

Indiana

6.4 5.7 5.5 5.5 5.8 5.5 5.2 5.0 6.1 5.8

Iowa

5.9 6.4 6.0 6.0 5.5 5.9 6.2 5.4 5.9 5.8

Kansas

7.4 6.3 6.1 6.1 5.7 5.5 5.6 5.4 6.0 6.0

Kentucky

6.6 6.0 6.1 5.6 5.7 5.4 5.3 4.9 5.9 5.5

Louisiana

6.9 6.1 6.3 6.1 6.2 5.7 6.2 5.6 6.4 6.0

Maine

7.6 7.4 7.7 7.6 6.8 7.3 6.8 6.2 7.6 7.8

Maryland

7.4 6.6 6.8 6.7 6.4 6.0 6.9 5.6 6.3 6.5

Massachusetts

6.2 5.5 5.8 5.9 5.4 6.1 5.8 4.7 5.7 6.1

Michigan

5.7 5.9 5.7 5.9 5.2 5.8 5.2 4.9 5.3 5.9

Minnesota

6.5 5.9 5.7 6.0 3.1 5.9 5.8 4.9 5.6 4.2

Mississippi

7.2 6.8 6.1 6.3 6.2 6.3 6.2 5.7 6.6 6.2

Missouri

6.8 6.1 6.5 5.9 5.6 6.3 5.8 5.1 5.9 5.8

Montana

8.7 9.2 8.7 7.8 7.7 7.8 7.8 7.1 8.4 8.5

Nebraska

7.1 6.0 6.3 6.0 6.0 6.1 5.7 5.1 5.6 5.9

Nevada

7.4 6.4 6.2 6.6 6.5 5.8 6.1 5.7 6.0 5.5

New Hampshire

6.9 6.7 7.0 6.7 5.9 6.7 6.0 5.9 6.3 6.7

New Jersey

6.8 6.8 6.1 6.8 5.9 6.4 5.9 5.7 5.9 5.9

New Mexico

8.0 6.7 6.8 6.4 6.1 5.9 6.2 5.9 6.2 6.7

New York

6.6 5.9 6.5 6.3 5.8 5.9 6.0 5.1 5.7 6.1

North Carolina

6.7 6.6 6.4 6.1 5.6 5.8 5.7 5.3 5.7 6.2

North Dakota

7.6 6.4 7.6 6.9 6.6 6.3 6.7 5.6 6.7 6.6

Ohio

5.8 5.9 5.8 5.6 5.2 5.5 5.7 4.9 5.7 5.7

Oklahoma

7.4 6.6 6.3 6.2 6.2 5.6 5.9 5.3 6.0 6.0

Oregon

6.7 6.5 7.3 6.4 6.1 6.0 6.2 6.1 6.9 6.9

Pennsylvania

6.1 5.5 5.5 5.2 5.2 5.1 5.2 4.6 5.5 5.2

Rhode Island

6.7 6.9 7.5 6.7 6.5 7.3 6.4 5.9 7.0 6.8

South Carolina

7.3 6.9 6.8 6.4 6.8 5.6 6.2 5.8 6.8 5.7

South Dakota

7.3 6.5 7.2 6.8 6.3 6.4 6.5 5.9 6.2 6.3

Tennessee

7.0 5.8 5.9 5.9 2.7 5.5 5.6 5.0 5.5 4.2

Texas

7.2 6.2 5.9 5.8 5.7 5.3 5.3 5.0 5.4 5.5

Utah

7.5 6.9 7.0 6.8 6.8 6.8 6.6 6.2 6.2 6.5

Vermont

7.2 7.8 8.2 7.4 6.3 7.8 7.0 6.0 7.5 8.0

Virginia

7.5 6.2 6.2 6.0 5.8 6.1 5.8 5.2 5.8 6.0

Washington

7.2 5.9 6.4 6.0 5.4 6.3 5.3 5.5 5.6 6.0

West Virginia

8.1 6.6 7.1 6.1 6.5 6.9 6.4 5.3 6.1 6.5

Wisconsin

6.0 6.0 6.0 5.6 5.2 5.8 5.5 4.9 5.9 5.9

Wyoming

9.2 9.2 8.9 8.4 8.2 8.4 7.9 7.8 8.7 8.2

Puerto Rico

6.2 6.6 5.1 5.8 5.7 5.3 6.1 5.7 4.9 5.4

Virgin Islands

8.5 5.9 7.5 7.4 8.2 5.5 4.7 6.5 6.8 7.1

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, May 09, 2024