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News Release Information

25-207-SAN
Wednesday, February 19, 2025

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

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.

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.

Line chart of private-sector gross job gains as a percent of employment, United States and Oregon, June 2019–June 2024, seasonally adjusted.
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.

Line chart of private-sector gross job losses as a percent of employment, United States and Oregon, June 2019–June 2024, seasonally adjusted.
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)
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)
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