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News Release Information

21-2040-SAN
Thursday, November 18, 2021

Contacts

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

Business Employment Dynamics in Nevada – First Quarter 2021

From December 2020 to March 2021, gross job gains from opening and expanding private-sector establishments in Nevada were 83,087, while gross job losses from closing and contracting private-sector establishments were 62,689, 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 gain of 20,398 jobs in the private sector during the first quarter of 2021. During the previous quarter, gross job gains exceeded gross job losses by 34,116. (See chart 1.)

Chart 1. Private-sector gross job gains and losses in Nevada, March 2016-March 2021, 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 Technical Note.)

Gross job gains

In the first quarter of 2021, gross job gains represented 7.3 percent of private-sector employment in Nevada; nationally, gross job gains accounted for 6.8 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 Nevada, gross job gains at expanding establishments totaled 66,897 in the first quarter of 2021, a decrease of 12,842 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 16,190 jobs gained in the second quarter of 2019, a decrease of 1,969 jobs from the previous quarter.

Chart 2. Private-sector gross job gains as a percent of employment, United States and Nevada, March 2016-March 2021, seasonally adjusted

Gross job losses

In the first quarter of 2021, gross job losses represented 5.5 percent of private-sector employment in Nevada; nationally, gross job losses accounted for 5.4 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 Nevada, contracting establishments lost 54,556 jobs in the first quarter of 2021, an increase of 2,271 jobs from the prior quarter. Closing establishments lost 8,133 jobs, a decrease of 3,364 jobs from the previous quarter.

Chart 3. Private-sector gross job losses as a percent of employment, United States and Nevada, March 2016-March 2021

Industries

Gross job gains exceeded gross job losses in 9 of the 11 industry sectors in Nevada in the first quarter of 2021. Leisure and hospitality had the largest over-the-quarter net job increase, with a gain of 8,111 jobs. This was the result of 19,511 gross job gains and 11,400 gross job losses. The construction industry had the second-largest net gain in jobs at 4,087, followed by retail trade (1,635) and manufacturing (1,535). Professional and business services had a net loss of 2,821 jobs, and transportation and warehousing had a net loss of 1,976 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 www.bls.gov/bdm/.

The Business Employment Dynamics for Second Quarter 2021 are scheduled to be released on Wednesday, January 26, 2022.

Coronavirus (COVID-19) Effect on First Quarter 2021 Business Employment Dynamics

Data collection and processing methods have been impacted because of the COVID-19 pandemic. More detail can be found at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-business-employment-dynamics.htm.  


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. Most employers in the U.S. are required to file quarterly reports on the employment and wages of workers covered by unemployment insurance (UI) laws, and to pay quarterly UI taxes. The QCEW is based largely on quarterly UI reports which are sent by businesses to the State Workforce Agencies (SWAs). These UI reports are supplemented by two additional BLS data collections to render administrative data into economic statistics. Together these data comprise the QCEW and form the basis of the Bureau’s establishment universe sampling frame.

In the BED program, the QCEW records are linked across quarters to provide a longitudinal history for each establishment. The linkage process allows the tracking of net employment changes at the establishment level, which in turn allows the estimation of jobs gained at opening and expanding units and jobs lost at closing and contracting units.

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all businesses in the economy. BED statistics track these changes in employment at private business establishments from the third month of one quarter to the third month of the next. Gross job gains are the sum of increases in employment from expansions at existing establishments and the addition of new jobs at opening establishments. Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. The difference between the number of gross jobs gained and the number of gross jobs lost is the net change in employment.

Gross job gains and gross job losses are expressed as rates by dividing their levels by the average of employment in the current and previous quarters. The rates are calculated for the components of gross job gains and gross job losses and then summed to form their respective totals. These rates can be added and subtracted just as their levels can. For instance, the difference between the gross job gains rate and the gross job losses rate is the net growth rate.

The formal definitions of employment changes are as follows:

Openings. These are either units with positive third month employment for the first time in the current quarter, with no links to the prior quarter, or with positive third month employment in the current quarter following zero employment in the previous quarter.

Expansions. These are units with positive employment in the third month in both the previous and current quarters, with a net increase in employment over this period.

Closings. These are either units with positive third month employment in the previous quarter, with no employment or zero employment reported in the current quarter.

Contractions. These are units with positive employment in the third month in both the previous and current quarters, with a net decrease in employment over this period.

The full Technical Note for the Business Employment Dynamics program, which includes information on coverage, concepts, and methodology, can be found in the current quarterly news release online at www.bls.gov/news.release/cewbd.htm.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

Table 1. Private sector gross job gains and losses by industry, Nevada, 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)
Mar.
2020
June
2020
Sept
2020
Dec.
2020
Mar.
2021
Mar.
2020
June
2020
Sept
2020
Dec.
2020
Mar.
2021

Total private (1)

Gross job gains

67,801 59,684 136,709 97,898 83,087 5.3 5.3 12.9 8.8 7.3

At expanding establishments

56,168 46,387 116,754 79,739 66,897 4.4 4.1 11.0 7.2 5.9

At opening establishments

11,633 13,297 19,955 18,159 16,190 0.9 1.2 1.9 1.6 1.4

Gross job losses

81,338 337,194 68,282 63,782 62,689 6.4 29.5 6.4 5.7 5.5

At contracting establishments

68,163 306,235 54,364 52,285 54,556 5.4 26.8 5.1 4.7 4.8

At closing establishments

13,175 30,959 13,918 11,497 8,133 1.0 2.7 1.3 1.0 0.7

Net employment change (2)

-13,537 -277,510 68,427 34,116 20,398 -1.1 -24.2 6.5 3.1 1.8

Construction

Gross job gains

9,336 6,880 8,279 8,524 10,489 9.4 7.2 9.0 9.4 11.1

At expanding establishments

8,409 5,913 7,159 7,712 9,603 8.5 6.2 7.8 8.5 10.2

At opening establishments

927 967 1,120 812 886 0.9 1.0 1.2 0.9 0.9

Gross job losses

8,250 13,802 9,810 7,794 6,402 8.4 14.4 10.7 8.6 6.8

At contracting establishments

7,002 12,381 8,966 6,991 5,652 7.1 12.9 9.8 7.7 6.0

At closing establishments

1,248 1,421 844 803 750 1.3 1.5 0.9 0.9 0.8

Net employment change (2)

1,086 -6,922 -1,531 730 4,087 1.0 -7.2 -1.7 0.8 4.3

Manufacturing

Gross job gains

2,912 1,532 3,337 3,882 3,450 4.8 2.7 6.1 6.9 6.0

At expanding establishments

2,656 1,253 3,072 3,540 3,230 4.4 2.2 5.6 6.3 5.6

At opening establishments

256 279 265 342 220 0.4 0.5 0.5 0.6 0.4

Gross job losses

2,273 7,279 2,569 1,885 1,915 3.8 12.9 4.7 3.4 3.4

At contracting establishments

1,862 6,567 2,258 1,621 1,708 3.1 11.6 4.1 2.9 3.0

At closing establishments

411 712 311 264 207 0.7 1.3 0.6 0.5 0.4

Net employment change (2)

639 -5,747 768 1,997 1,535 1.0 -10.2 1.4 3.5 2.6

Wholesale trade

Gross job gains

1,793 1,184 2,242 2,018 1,858 4.6 3.3 6.4 5.6 5.2

At expanding establishments

1,465 866 1,856 1,719 1,503 3.8 2.4 5.3 4.8 4.2

At opening establishments

328 318 386 299 355 0.8 0.9 1.1 0.8 1.0

Gross job losses

1,848 5,138 1,807 1,558 1,291 4.8 14.0 5.2 4.4 3.5

At contracting establishments

1,342 4,492 1,323 966 1,027 3.5 12.2 3.8 2.7 2.8

At closing establishments

506 646 484 592 264 1.3 1.8 1.4 1.7 0.7

Net employment change (2)

-55 -3,954 435 460 567 -0.2 -10.7 1.2 1.2 1.7

Retail trade

Gross job gains

8,528 10,129 15,633 9,446 8,883 5.8 7.1 11.3 6.7 6.1

At expanding establishments

7,261 9,108 14,107 8,474 7,843 4.9 6.4 10.2 6.0 5.4

At opening establishments

1,267 1,021 1,526 972 1,040 0.9 0.7 1.1 0.7 0.7

Gross job losses

8,669 28,964 7,928 7,664 7,248 5.9 20.4 5.7 5.4 5.1

At contracting establishments

7,536 26,234 6,782 6,590 6,590 5.1 18.5 4.9 4.6 4.6

At closing establishments

1,133 2,730 1,146 1,074 658 0.8 1.9 0.8 0.8 0.5

Net employment change (2)

-141 -18,835 7,705 1,782 1,635 -0.1 -13.3 5.6 1.3 1.0

Transportation and warehousing

Gross job gains

2,704 6,085 13,655 7,332 3,223 3.7 8.7 19.0 9.3 4.0

At expanding establishments

2,370 5,750 13,236 6,483 2,997 3.2 8.2 18.4 8.2 3.7

At opening establishments

334 335 419 849 226 0.5 0.5 0.6 1.1 0.3

Gross job losses

4,922 13,182 3,164 2,498 5,199 6.7 18.9 4.4 3.2 6.4

At contracting establishments

4,492 12,160 2,790 2,289 5,030 6.1 17.4 3.9 2.9 6.2

At closing establishments

430 1,022 374 209 169 0.6 1.5 0.5 0.3 0.2

Net employment change (2)

-2,218 -7,097 10,491 4,834 -1,976 -3.0 -10.2 14.6 6.1 -2.4

Information

Gross job gains

720 643 1,780 897 1,114 4.7 4.7 14.0 6.9 8.3

At expanding establishments

504 398 1,561 641 977 3.3 2.9 12.3 4.9 7.3

At opening establishments

216 245 219 256 137 1.4 1.8 1.7 2.0 1.0

Gross job losses

1,534 3,453 773 1,137 692 10.1 25.6 6.1 8.7 5.2

At contracting establishments

1,235 3,084 519 854 480 8.1 22.9 4.1 6.5 3.6

At closing establishments

299 369 254 283 212 2.0 2.7 2.0 2.2 1.6

Net employment change (2)

-814 -2,810 1,007 -240 422 -5.4 -20.9 7.9 -1.8 3.1

Financial activities

Gross job gains

3,761 2,966 4,876 4,481 3,835 5.7 4.7 8.0 7.2 6.1

At expanding establishments

2,945 2,147 4,065 3,592 3,166 4.5 3.4 6.7 5.8 5.0

At opening establishments

816 819 811 889 669 1.2 1.3 1.3 1.4 1.1

Gross job losses

3,849 9,233 4,100 3,106 2,850 5.8 14.6 6.7 5.0 4.5

At contracting establishments

2,986 7,898 2,932 2,297 2,261 4.5 12.5 4.8 3.7 3.6

At closing establishments

863 1,335 1,168 809 589 1.3 2.1 1.9 1.3 0.9

Net employment change (2)

-88 -6,267 776 1,375 985 -0.1 -9.9 1.3 2.2 1.6

Professional and business services

Gross job gains

13,322 12,300 20,499 18,845 11,529 6.6 6.8 12.0 10.6 6.5

At expanding establishments

11,052 9,742 17,364 15,280 9,544 5.5 5.4 10.2 8.6 5.4

At opening establishments

2,270 2,558 3,135 3,565 1,985 1.1 1.4 1.8 2.0 1.1

Gross job losses

19,735 43,175 13,844 12,522 14,350 9.9 23.8 8.1 7.1 8.0

At contracting establishments

16,712 37,214 10,550 9,681 13,024 8.4 20.5 6.2 5.5 7.3

At closing establishments

3,023 5,961 3,294 2,841 1,326 1.5 3.3 1.9 1.6 0.7

Net employment change (2)

-6,413 -30,875 6,655 6,323 -2,821 -3.3 -17.0 3.9 3.5 -1.5

Education and health services

Gross job gains

6,704 4,794 10,224 8,526 7,040 4.6 3.4 7.5 6.0 4.9

At expanding establishments

5,535 3,681 8,620 7,438 6,133 3.8 2.6 6.3 5.2 4.3

At opening establishments

1,169 1,113 1,604 1,088 907 0.8 0.8 1.2 0.8 0.6

Gross job losses

6,960 15,670 5,092 5,754 6,396 4.8 11.2 3.7 4.0 4.5

At contracting establishments

5,410 13,598 4,107 4,581 5,571 3.7 9.7 3.0 3.2 3.9

At closing establishments

1,550 2,072 985 1,173 825 1.1 1.5 0.7 0.8 0.6

Net employment change (2)

-256 -10,876 5,132 2,772 644 -0.2 -7.8 3.8 2.0 0.4

Leisure and hospitality

Gross job gains

12,690 6,678 45,122 23,314 19,511 3.6 2.3 19.7 9.6 7.8

At expanding establishments

10,693 5,168 40,408 19,961 17,339 3.0 1.8 17.6 8.2 6.9

At opening establishments

1,997 1,510 4,714 3,353 2,172 0.6 0.5 2.1 1.4 0.9

Gross job losses

18,254 183,237 14,451 15,229 11,400 5.1 64.8 6.3 6.2 4.5

At contracting establishments

15,999 172,001 11,485 13,558 9,620 4.5 60.8 5.0 5.5 3.8

At closing establishments

2,255 11,236 2,966 1,671 1,780 0.6 4.0 1.3 0.7 0.7

Net employment change (2)

-5,564 -176,559 30,671 8,085 8,111 -1.5 -62.5 13.4 3.4 3.3

Other services (3)

Gross job gains

2,449 1,747 4,407 3,250 2,300 7.0 5.6 15.5 11.0 7.6

At expanding establishments

1,923 1,116 3,353 2,212 1,872 5.5 3.6 11.8 7.5 6.2

At opening establishments

526 631 1,054 1,038 428 1.5 2.0 3.7 3.5 1.4

Gross job losses

3,299 10,517 2,391 2,541 1,959 9.4 33.8 8.4 8.6 6.5

At contracting establishments

2,535 8,001 1,443 1,659 1,704 7.2 25.7 5.1 5.6 5.7

At closing establishments

764 2,516 948 882 255 2.2 8.1 3.3 3.0 0.8

Net employment change (2)

-850 -8,770 2,016 709 341 -2.4 -28.2 7.1 2.4 1.1

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)
Mar.
2020
June
2020
Sept.
2020
Dec.
2020
Mar.
2021
Mar.
2020
June
2020
Sept.
2020
Dec.
2020
Mar.
2021

United States(1)

5.6 4.8 9.5 7.4 6.8 6.2 17.0 6.0 5.7 5.4

Alabama

5.5 4.7 7.8 7.6 5.9 5.9 12.6 5.9 5.5 5.9

Alaska

9.3 6.6 12.2 13.4 11.0 9.9 24.3 9.8 7.7 9.4

Arizona

5.7 5.8 7.8 7.3 6.3 6.0 11.8 6.1 5.0 5.5

Arkansas

5.1 4.8 7.6 7.2 5.9 5.6 12.1 5.7 5.2 5.1

California

6.1 5.3 8.9 8.5 7.7 6.9 18.6 7.1 6.1 5.9

Colorado

6.3 5.7 10.1 7.5 8.6 7.0 15.1 6.4 7.2 5.6

Connecticut

5.9 4.3 11.4 6.6 6.3 6.0 19.5 5.1 5.9 5.3

Delaware

6.1 4.9 10.3 6.8 6.8 6.7 17.0 6.4 6.0 6.0

District of Columbia

5.3 3.3 8.2 5.3 5.5 5.4 22.3 5.7 5.5 5.3

Florida

5.5 6.0 9.5 8.0 6.9 6.2 14.1 6.7 6.0 5.8

Georgia

5.7 5.3 9.3 7.9 6.7 6.3 14.9 6.5 5.2 5.7

Hawaii

5.4 3.6 7.5 14.7 8.5 5.9 30.3 12.2 4.6 5.9

Idaho

7.6 6.3 8.4 8.7 8.1 6.1 11.2 6.4 6.1 5.7

Illinois

5.0 4.5 9.7 6.5 7.2 6.0 18.2 5.6 6.1 4.9

Indiana

4.9 4.6 8.3 6.8 6.0 6.0 13.5 5.2 5.0 5.1

Iowa

5.4 4.4 7.5 6.8 6.1 6.0 13.0 5.5 5.1 5.4

Kansas

5.4 5.0 7.9 7.0 6.2 6.0 13.3 5.9 5.9 5.5

Kentucky

5.5 4.6 9.0 7.3 7.3 6.1 15.2 5.1 6.1 5.1

Louisiana

5.4 4.4 9.1 8.7 6.4 6.5 16.8 7.0 5.6 5.9

Maine

6.7 5.2 12.3 8.5 9.0 7.3 21.9 6.0 6.3 6.3

Maryland

5.7 4.8 11.2 7.3 6.3 6.8 21.5 5.5 5.8 5.5

Massachusetts

5.2 3.7 12.4 7.0 6.6 6.1 24.2 5.4 5.5 5.0

Michigan

5.1 4.0 10.9 6.7 8.5 5.7 20.5 4.8 6.9 4.9

Minnesota

5.0 4.2 9.0 6.9 9.2 5.7 17.6 5.4 6.8 4.9

Mississippi

5.5 5.0 8.7 8.0 5.6 6.4 12.9 5.5 4.9 6.6

Missouri

5.2 4.6 8.5 7.1 6.3 5.9 14.4 5.7 5.2 5.3

Montana

7.5 6.8 9.9 9.4 8.8 7.8 13.9 7.2 6.8 6.9

Nebraska

5.8 4.8 8.2 6.8 6.5 6.1 12.2 5.8 5.5 6.2

Nevada

5.3 5.3 12.9 8.8 7.3 6.4 29.5 6.4 5.7 5.5

New Hampshire

6.1 4.5 11.8 7.4 7.4 6.5 18.8 5.3 6.4 5.4

New Jersey

5.7 4.8 15.7 8.1 7.0 6.5 28.3 5.6 5.9 5.6

New Mexico

6.2 4.5 8.5 7.3 8.5 6.7 17.7 6.1 7.5 5.7

New York

5.5 3.9 13.3 7.4 6.9 6.5 26.9 5.9 6.3 5.4

North Carolina

5.9 4.9 8.7 7.9 6.6 5.8 14.6 5.6 5.0 5.4

North Dakota

6.9 5.3 8.9 7.2 7.8 7.2 17.1 6.9 7.1 6.5

Ohio

5.1 4.5 7.8 6.6 6.1 5.7 14.4 5.3 5.2 5.0

Oklahoma

5.4 5.5 7.1 7.9 6.1 6.6 12.3 6.6 5.8 6.1

Oregon

6.9 5.0 9.0 7.4 8.5 6.5 18.2 6.3 6.5 5.6

Pennsylvania

5.0 3.6 10.3 6.2 6.4 5.7 18.3 4.9 5.3 4.6

Rhode Island

6.0 4.5 13.0 7.6 9.8 6.5 25.1 5.3 7.1 5.5

South Carolina

5.7 5.0 8.8 8.0 6.2 6.6 14.6 5.9 5.2 6.1

South Dakota

6.0 5.1 8.6 7.2 7.3 6.7 11.5 5.5 6.2 6.0

Tennessee

5.2 4.4 8.1 7.5 5.6 5.5 13.9 5.5 4.6 5.0

Texas

5.1 4.7 7.3 7.6 5.7 5.7 13.8 6.1 4.8 5.0

Utah

6.6 6.6 9.1 8.1 7.1 6.5 10.9 6.3 5.6 6.1

Vermont

5.9 4.6 12.9 7.6 8.2 7.7 18.4 5.8 8.0 6.1

Virginia

5.6 4.6 10.4 7.0 6.0 6.1 18.3 5.4 5.3 5.4

Washington

7.7 4.8 8.9 7.2 7.9 7.8 17.4 6.3 6.1 5.4

West Virginia

6.6 5.1 8.9 7.4 7.2 7.0 14.1 6.9 6.2 5.8

Wisconsin

5.1 4.3 7.6 6.3 5.8 5.4 14.4 5.1 5.1 4.7

Wyoming

8.6 6.4 10.8 10.0 9.1 9.6 17.9 7.7 7.7 8.3

Puerto Rico

5.0 4.1 11.1 6.6 6.6 5.6 16.9 5.1 4.9 5.0

Virgin Islands

8.5 5.3 7.8 9.9 7.4 9.0 18.8 12.5 5.8 10.8

Footnotes
(1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands.

 

Last Modified Date: Thursday, November 18, 2021