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Job gains increase, job losses decline in Q1 2012

November 21, 2012

From December 2011 to March 2012, gross job gains from opening and expanding private sector establishments were 6.9 million, an increase of 26,000 from the previous quarter. Over this period, gross job losses from closing and contracting private sector establishments were 6.1 million, a decrease of 399,000 from the previous quarter.

Hover mouse pointer over columns to view data. Click legend items to change data display.  

3-month private sector gross job gains and job losses, seasonally adjusted, March 2002-March 2012
3 months endedJob gains at expanding establishmentsJob gains at opening establishmentsJob losses at contracting establishmentsJob losses at closing establishments

Mar 2002

6,298,0001,773,000-6,434,000-1,647,000

Jun 2002

6,145,0001,723,000-6,274,000-1,624,000

Sep 2002

6,039,0001,591,000-6,248,000-1,533,000

Dec 2002

5,938,0001,545,000-6,185,000-1,539,000

Mar 2003

5,928,0001,539,000-6,307,000-1,553,000

Jun 2003

5,929,0001,469,000-6,030,000-1,458,000

Sep 2003

5,923,0001,469,000-5,828,000-1,360,000

Dec 2003

6,005,0001,516,000-5,800,000-1,424,000

Mar 2004

6,204,0001,511,000-5,795,000-1,450,000

Jun 2004

6,235,0001,519,000-5,639,000-1,471,000

Sep 2004

6,060,0001,573,000-5,888,000-1,539,000

Dec 2004

6,243,0001,601,000-5,663,000-1,424,000

Mar 2005

6,131,0001,489,000-5,801,000-1,435,000

Jun 2005

6,231,0001,543,000-5,776,000-1,405,000

Sep 2005

6,387,0001,578,000-5,844,000-1,444,000

Dec 2005

6,252,0001,555,000-5,948,000-1,365,000

Mar 2006

6,354,0001,443,000-5,636,000-1,287,000

Jun 2006

6,246,0001,512,000-6,015,000-1,372,000

Sep 2006

6,061,0001,438,000-6,097,000-1,350,000

Dec 2006

6,223,0001,517,000-5,941,000-1,344,000

Mar 2007

6,297,0001,430,000-5,881,000-1,297,000

Jun 2007

6,222,0001,410,000-6,079,000-1,404,000

Sep 2007

5,847,0001,471,000-6,215,000-1,355,000

Dec 2007

6,196,0001,462,000-6,012,000-1,347,000

Mar 2008

5,826,0001,407,000-6,095,000-1,365,000

Jun 2008

5,851,0001,406,000-6,354,000-1,478,000

Sep 2008

5,515,0001,364,000-6,462,000-1,385,000

Dec 2008

5,360,0001,352,000-7,022,000-1,483,000

Mar 2009

4,648,0001,186,000-7,122,000-1,418,000

Jun 2009

5,093,0001,302,000-6,669,000-1,382,000

Sep 2009

5,119,0001,216,000-5,874,000-1,360,000

Dec 2009

5,325,0001,326,000-5,583,000-1,285,000

Mar 2010

5,078,0001,167,000-5,308,000-1,203,000

Jun 2010

5,690,0001,282,000-5,087,000-1,163,000

Sep 2010

5,416,0001,253,000-5,253,000-1,229,000

Dec 2010

5,651,0001,376,000-5,193,000-1,225,000

Mar 2011

5,272,0001,165,000-5,010,000-1,135,000

Jun 2011

5,646,0001,296,000-5,111,000-1,228,000

Sep 2011

5,776,0001,360,000-5,194,000-1,148,000

Dec 2011

5,557,0001,352,000-5,238,000-1,282,000

Mar 2012

5,706,0001,229,000-4,935,000-1,186,000

 

 

 

3-month private sector gross job gains and job losses, March 2002–March 2012, seasonally adjusted
3 months ended Net       change     Gross job gainsGross job losses
      Total      Expanding establishmentsOpening establishments      Total      Contracting establishmentsClosing establishments

Mar 2002

-10,0008,071,0006,298,0001,773,0008,081,0006,434,0001,647,000

Jun 2002

-30,0007,868,0006,145,0001,723,0007,898,0006,274,0001,624,000

Sep 2002

-151,0007,630,0006,039,0001,591,0007,781,0006,248,0001,533,000

Dec 2002

-241,0007,483,0005,938,0001,545,0007,724,0006,185,0001,539,000

Mar 2003

-393,0007,467,0005,928,0001,539,0007,860,0006,307,0001,553,000

Jun 2003

-90,0007,398,0005,929,0001,469,0007,488,0006,030,0001,458,000

Sep 2003

204,0007,392,0005,923,0001,469,0007,188,0005,828,0001,360,000

Dec 2003

297,0007,521,0006,005,0001,516,0007,224,0005,800,0001,424,000

Mar 2004

470,0007,715,0006,204,0001,511,0007,245,0005,795,0001,450,000

Jun 2004

644,0007,754,0006,235,0001,519,0007,110,0005,639,0001,471,000

Sep 2004

206,0007,633,0006,060,0001,573,0007,427,0005,888,0001,539,000

Dec 2004

757,0007,844,0006,243,0001,601,0007,087,0005,663,0001,424,000

Mar 2005

384,0007,620,0006,131,0001,489,0007,236,0005,801,0001,435,000

Jun 2005

593,0007,774,0006,231,0001,543,0007,181,0005,776,0001,405,000

Sep 2005

677,0007,965,0006,387,0001,578,0007,288,0005,844,0001,444,000

Dec 2005

494,0007,807,0006,252,0001,555,0007,313,0005,948,0001,365,000

Mar 2006

874,0007,797,0006,354,0001,443,0006,923,0005,636,0001,287,000

Jun 2006

371,0007,758,0006,246,0001,512,0007,387,0006,015,0001,372,000

Sep 2006

52,0007,499,0006,061,0001,438,0007,447,0006,097,0001,350,000

Dec 2006

455,0007,740,0006,223,0001,517,0007,285,0005,941,0001,344,000

Mar 2007

549,0007,727,0006,297,0001,430,0007,178,0005,881,0001,297,000

Jun 2007

149,0007,632,0006,222,0001,410,0007,483,0006,079,0001,404,000

Sep 2007

-252,0007,318,0005,847,0001,471,0007,570,0006,215,0001,355,000

Dec 2007

299,0007,658,0006,196,0001,462,0007,359,0006,012,0001,347,000

Mar 2008

-227,0007,233,0005,826,0001,407,0007,460,0006,095,0001,365,000

Jun 2008

-575,0007,257,0005,851,0001,406,0007,832,0006,354,0001,478,000

Sep 2008

-968,0006,879,0005,515,0001,364,0007,847,0006,462,0001,385,000

Dec 2008

-1,793,0006,712,0005,360,0001,352,0008,505,0007,022,0001,483,000

Mar 2009

-2,706,0005,834,0004,648,0001,186,0008,540,0007,122,0001,418,000

Jun 2009

-1,656,0006,395,0005,093,0001,302,0008,051,0006,669,0001,382,000

Sep 2009

-899,0006,335,0005,119,0001,216,0007,234,0005,874,0001,360,000

Dec 2009

-217,0006,651,0005,325,0001,326,0006,868,0005,583,0001,285,000

Mar 2010

-266,0006,245,0005,078,0001,167,0006,511,0005,308,0001,203,000

Jun 2010

722,0006,972,0005,690,0001,282,0006,250,0005,087,0001,163,000

Sep 2010

187,0006,669,0005,416,0001,253,0006,482,0005,253,0001,229,000

Dec 2010

609,0007,027,0005,651,0001,376,0006,418,0005,193,0001,225,000

Mar 2011

292,0006,437,0005,272,0001,165,0006,145,0005,010,0001,135,000

Jun 2011

603,0006,942,0005,646,0001,296,0006,339,0005,111,0001,228,000

Sep 2011

794,0007,136,0005,776,0001,360,0006,342,0005,194,0001,148,000

Dec 2011

389,0006,909,0005,557,0001,352,0006,520,0005,238,0001,282,000

Mar 2012

814,0006,935,0005,706,0001,229,0006,121,0004,935,0001,186,000

 

Gross job gains at expanding establishments totaled 5.7 million in first quarter 2012, an increase of 149,000 from the previous quarter.  Opening establishments accounted for 1.2 million jobs gained in first quarter 2012, a decrease of 123,000 from the previous quarter.  Gross job gains for the first quarter of 2012 (6.9 million) are the sum of increases in employment from expansions at existing units (5.7 million) and the addition of new jobs at opening units (1.2 million). 

Contracting establishments lost 4.9 million jobs in first quarter 2012. This is a decrease of 303,000 from the prior quarter.  In first quarter 2012, closing establishments lost 1.2 million jobs, a decrease of 96,000 from the previous quarter.  Gross job losses (6.1 million) are the result of contractions in employment at existing units (4.9 million) and the loss of jobs at closing units (1.2 million).

The difference between the number of gross job gains (6.9 million) and the number of gross job losses (6.1 million) yielded a net employment change of 814,000 jobs in the private sector during the first quarter of 2012; this compares with 389,000 in the previous quarter, and 292,000 in the first quarter of 2011.

These data are from the Business Employment Dynamics (BED) program. 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 units from the third month of one quarter to the third month of the next. To learn more, see "Business Employment Dynamics — Second Quarter 2011" (HTML) (PDF), news release USDL-12-2261.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job gains increase, job losses decline in Q1 2012 at https://www.bls.gov/opub/ted/2012/ted_20121121.htm (visited October 03, 2024).

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