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News Release Information

25-1114-SAN
Thursday, July 03, 2025

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

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

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.

Chart 2. Private-sector gross job losses as a percent of employment, United States and Idaho, September 2019–September 2024, seasonally adjusted
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.

Chart 3. Private-sector gross job gains as a percent of employment, United States and Idaho, September 2019–September 2024, seasonally adjusted
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)
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)
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