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Gross job gains 8.8 million, gross job losses 7.5 million, during the third quarter of 2021

May 02, 2022

From June 2021 to September 2021, gross job gains from opening and expanding private-sector establishments were 8.8 million, while gross job losses from closing and contracting private-sector establishments were 7.5 million. The difference between the number of gross job gains and the number of gross job losses resulted in a net employment gain of 1.3 million jobs in the private sector during the third quarter of 2021.

Gross job gains and losses, and net employment change, first quarter 2011 to third quarter 2021
Quarter Gross job gains Gross job losses Net employment change

Q1 2011

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

Q2 2011

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

Q3 2011

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

Q4 2011

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

Q1 2012

7,080,000 6,132,000 948,000

Q2 2012

7,051,000 6,435,000 616,000

Q3 2012

6,881,000 6,629,000 252,000

Q4 2012

7,110,000 6,415,000 695,000

Q1 2013

6,941,000 6,383,000 558,000

Q2 2013

7,152,000 6,478,000 674,000

Q3 2013

7,058,000 6,551,000 507,000

Q4 2013

7,255,000 6,555,000 700,000

Q1 2014

6,953,000 6,534,000 419,000

Q2 2014

7,454,000 6,559,000 895,000

Q3 2014

7,247,000 6,670,000 577,000

Q4 2014

7,617,000 6,579,000 1,038,000

Q1 2015

7,046,000 6,830,000 216,000

Q2 2015

7,580,000 6,731,000 849,000

Q3 2015

7,344,000 6,869,000 475,000

Q4 2015

7,817,000 6,873,000 944,000

Q1 2016

7,163,000 6,914,000 249,000

Q2 2016

7,443,000 7,125,000 318,000

Q3 2016

7,710,000 6,962,000 748,000

Q4 2016

7,413,000 7,105,000 308,000

Q1 2017

7,441,000 6,779,000 662,000

Q2 2017

7,625,000 7,129,000 496,000

Q3 2017

7,318,000 7,370,000 -52,000

Q4 2017

7,792,000 6,879,000 913,000

Q1 2018

7,506,000 6,779,000 727,000

Q2 2018

7,657,000 7,235,000 422,000

Q3 2018

7,500,000 7,421,000 79,000

Q4 2018

7,744,000 6,981,000 763,000

Q1 2019

7,473,000 6,936,000 537,000

Q2 2019

7,637,000 7,455,000 182,000

Q3 2019

7,395,000 7,347,000 48,000

Q4 2019

7,848,000 7,063,000 785,000

Q1 2020

7,078,000 7,869,000 -791,000

Q2 2020

5,709,000 20,401,000 -14,692,000

Q3 2020

10,868,000 6,858,000 4,010,000

Q4 2020

8,821,000 6,757,000 2,064,000

Q1 2021

8,154,000 6,469,000 1,685,000

Q2 2021

8,141,000 7,248,000 893,000

Q3 2021

8,795,000 7,482,000 1,313,000

The net employment gain of 1.3 million jobs during the third quarter of 2021 was an increase of 420,000 from the net employment gain of 893,000 during the second quarter of 2021. This represents the fifth consecutive quarter of a net employment gain, following a net employment loss of 14.7 million jobs during the second quarter of 2020.

The goods-producing industries had a net employment gain of 69,000 jobs during the third quarter of 2021, as gross job gains and losses were both at 1.3 million.

Gross job gains and losses, by industry, third quarter 2021
Gains and losses Total, private sector Goods-producing Service-providing

Gross job gains

8,795,000 1,335,000 7,460,000

Gross job losses

7,482,000 1,266,000 6,216,000

In the service-providing industries, gross job gains were at 7.5 million, while gross job losses were at 6.2 million during the third quarter of 2021. The net employment gain was 1.2 million jobs.

These data are from the Business Employment Dynamics program and are seasonally adjusted. For more information, see "Business Employment Dynamics — Third Quarter 2021." Also see charts related to the latest "Business Employment Dynamics" news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains 8.8 million, gross job losses 7.5 million, during the third quarter of 2021 at https://www.bls.gov/opub/ted/2022/gross-job-gains-8-8-million-gross-job-losses-7-5-million-during-the-third-quarter-of-2021.htm (visited October 10, 2024).

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