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Gross job gains totaled 7.5 million in the second quarter of 2016

January 31, 2017

From March 2016 to June 2016, gross job gains from opening and expanding private-sector establishments were 7.5 million, an increase of 486,000 jobs from the previous quarter. Over this period, gross job losses from closing and contracting private-sector establishments were 7.2 million, an increase of 373,000 jobs from the previous quarter. The difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 307,000 jobs in the private sector during the second quarter of 2016.

Total private gross job gains and gross job losses, seasonally adjusted, June 2006 to June 2016
Quarter Gross job gains Gross job losses Net employment change

Jun 2006

7,766,000 -7,424,000 342,000

Sep 2006

7,545,000 -7,453,000 92,000

Dec 2006

7,770,000 -7,339,000 431,000

Mar 2007

7,815,000 -7,231,000 584,000

Jun 2007

7,647,000 -7,515,000 132,000

Sep 2007

7,376,000 -7,585,000 - 209,000

Dec 2007

7,687,000 -7,419,000 268,000

Mar 2008

7,320,000 -7,519,000 - 199,000

Jun 2008

7,281,000 -7,874,000 -593,000

Sep 2008

6,944,000 -7,857,000 - 913,000

Dec 2008

6,738,000 -8,576,000 -1,838,000

Mar 2009

5,918,000 -8,598,000 -2,680,000

Jun 2009

6,425,000 -8,092,000 -1,667,000

Sep 2009

6,399,000 -7,248,000 -849,000

Dec 2009

6,665,000 -6,929,000 -264,000

Mar 2010

6,325,000 -6,572,000 -247,000

Jun 2010

6,995,000 -6,297,000 698,000

Sep 2010

6,741,000 -6,504,000 237,000

Dec 2010

7,052,000 -6,486,000 566,000

Mar 2011

6,540,000 -6,206,000 334,000

Jun 2011

6,966,000 -6,384,000 582,000

Sep 2011

7,205,000 -6,364,000 841,000

Dec 2011

6,865,000 -6,530,000 335,000

Mar 2012

7,080,000 -6,126,000 954,000

Jun 2012

7,048,000 -6,445,000 603,000

Sep 2012

6,898,000 -6,627,000 271,000

Dec 2012

7,103,000 -6,415,000 688,000

Mar 2013

6,933,000 -6,368,000 565,000

Jun 2013

7,154,000 -6,493,000 661,000

Sep 2013

7,060,000 -6,573,000 487,000

Dec 2013

7,261,000 -6,549,000 712,000

Mar 2014

6,947,000 -6,500,000 447,000

Jun 2014

7,456,000 -6,586,000 870,000

Sep 2014

7,243,000 -6,703,000 540,000

Dec 2014

7,634,000 -6,563,000 1,071,000

Mar 2015

7,036,000 -6,799,000 237,000

Jun 2015

7,588,000 -6,773,000 815,000

Sep 2015

7,338,000 -6,911,000 427,000

Dec 2015

7,843,000 -6,842,000 1,001,000

Mar 2016

6,977,000 -6,783,000 194,000

Jun 2016

7,463,000 -7,156,000 307,000

Over the previous four quarters there were 29.6 million gross job gains and 27.7 million gross job losses, resulting in a net employment increase of 1.9 million private-sector jobs. 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. Gross job gains are the sum of increases in employment from expansions at existing units and the addition of new jobs at opening units. Gross job losses are the result of contractions in employment at existing units and the loss of jobs at closing units. The difference between the number of gross job gains and the number of gross job losses is the net change in employment.

These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Second Quarter 2016" (HTML) (PDF).

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains totaled 7.5 million in the second quarter of 2016 at https://www.bls.gov/opub/ted/2017/gross-job-gains-totaled-seven-point-five-million-in-the-second-quarter-of-2016.htm (visited October 17, 2021).