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Business Employment Dynamics

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# Table 2.  Private sector gross job gains and losses as a percent of employment (1), seasonally adjusted

```

Table 2. Private sector gross job gains and losses, as a percent of employment(1), seasonally adjusted

Total private

(Percent)

                                                     Gross job gains                          Gross job losses
Year  3 months ended  Net change(2)     Total     Expanding      Opening         Total     Contracting    Closing
                                               establishments establishments            establishments establishments

2013  March                  0.5          6.2           5.1          1.1           5.7            4.6         1.1
      June                   0.6          6.4           5.2          1.2           5.8            4.7         1.1
      September              0.5          6.3           5.1          1.2           5.8            4.8         1.0
      December               0.6          6.4           5.2          1.2           5.8            4.7         1.1
 
2014  March                  0.4          6.1           5.0          1.1           5.7            4.7         1.0
      June                   0.8          6.5           5.3          1.2           5.7            4.6         1.1
      September              0.5          6.2           5.1          1.1           5.7            4.7         1.0
      December               0.9          6.6           5.4          1.2           5.7            4.6         1.1
 
2015  March                  0.2          6.0           4.9          1.1           5.8            4.8         1.0
      June                   0.7          6.4           5.3          1.1           5.7            4.7         1.0
      September              0.5          6.3           5.1          1.2           5.8            4.8         1.0
      December               0.7          6.5           5.3          1.2           5.8            4.7         1.1
 
2016  March                  0.2          6.0           4.9          1.1           5.8            4.8         1.0
      June                   0.2          6.2           5.1          1.1           6.0            4.9         1.1
      September              0.6          6.4           5.2          1.2           5.8            4.8         1.0
      December               0.3          6.2           5.0          1.2           5.9            4.8         1.1
 
2017  March                  0.5          6.1           5.0          1.1           5.6            4.6         1.0
      June                   0.4          6.2           5.1          1.1           5.8            4.8         1.0
      September             -0.1          6.0           4.9          1.1           6.1            5.0         1.1
      December               0.7          6.4           5.2          1.2           5.7            4.6         1.1
 
2018  March                  0.6          6.1           5.0          1.1           5.5            4.5         1.0
      June                   0.4          6.2           5.1          1.1           5.8            4.8         1.0
      September              0.0          6.0           4.9          1.1           6.0            4.9         1.1
      December               0.6          6.2           5.0          1.2           5.6            4.5         1.1
 
2019  March                  0.5          6.0           4.9          1.1           5.5            4.5         1.0
      June                   0.2          6.1           5.0          1.1           5.9            4.8         1.1
      September              0.1          5.9           4.8          1.1           5.8            4.8         1.0
      December               0.6          6.2           5.0          1.2           5.6            4.5         1.1
 
2020  March                 -0.7          5.5           4.5          1.0           6.2            5.0         1.2
      June                 -12.1          4.8           3.7          1.1          16.9           14.5         2.4
      September              3.4          9.4           7.6          1.8           6.0            4.8         1.2
      December               1.7          7.4           6.0          1.4           5.7            4.6         1.1
 
2021  March                  1.5          7.0           5.7          1.3           5.5            4.5         1.0
      June                   0.9          6.8           5.5          1.3           5.9            4.9         1.0
      September              1.2          7.3           5.9          1.4           6.1            4.9         1.2
      December               2.3          7.7           6.2          1.5           5.4            4.3         1.1
 
2022  March                  1.2          6.7           5.5          1.2           5.5            4.4         1.1
      June                   0.4          6.6           5.2          1.4           6.2            5.0         1.2
      September              1.0          6.9           5.6          1.3           5.9            4.7         1.2
      December               0.4          6.3           5.0          1.3           5.9            4.7         1.2
 
2023  March                  0.8          6.2           5.0          1.2           5.4            4.3         1.1
      June                   0.3          6.2           5.0          1.2           5.9            4.8         1.1
      September             -0.1          5.8           4.6          1.2           5.9            4.7         1.2
 
(1) The rates measure gross job gains and job losses as a percentage of the average of the previous and current quarter
    employment levels.

(2) Net change is the difference between total gross job gains and total gross job losses.
```

  Table of Contents 
**Last Modified Date:** April 24, 2024
 

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