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News Release Information

22-1594-PHI
Friday, July 29, 2022

Contacts Technical information: Media contact:

Business Employment Dynamics in Virginia — Fourth Quarter 2021

From September 2021 to December 2021, gross job gains from opening and expanding private-sector establishments in Virginia were 225,872, while gross job losses from closing and contracting private-sector establishments were 172,065, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Alexandra Hall Bovee noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 53,807 jobs in the private sector during the fourth quarter of 2021. During the previous quarter, gross job gains exceeded gross job losses by 21,724. (See chart 1.)

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 Technical Note.)

Gross job gains

In the fourth quarter of 2021, gross job gains represented 7.1 percent of private-sector employment in Virginia; nationally, gross job gains accounted for 7.7 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 Virginia, gross job gains at expanding establishments totaled 183,431 in the fourth quarter of 2021, an increase of 10,219 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 42,441 jobs gained in the fourth quarter of 2021, an increase of 1,827 jobs from the previous quarter.

Gross job losses

In the fourth quarter of 2021, gross job losses represented 5.4 percent of private-sector employment both nationally and in Virginia. (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 Virginia, contracting establishments lost 136,027 jobs in the fourth quarter of 2021, a decrease of 15,327 jobs from the prior quarter. Closing establishments lost 36,038 jobs, a decrease of 4,710 jobs from the previous quarter.

Industries

Gross job gains exceeded gross job losses in all 11 industry sectors in Virginia in the fourth quarter of 2021. Leisure and hospitality had the largest over-the-quarter net job increase, with a gain of 15,670 jobs. This was the result of 41,692 gross job gains and 26,022 gross job losses. The professional and business services industry had a net gain of 9,244 jobs.

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 www.bls.gov/bdm/.

The Business Employment Dynamics for First Quarter 2022 are scheduled to be released on Wednesday, October 26, 2022.

Upcoming Revisions and Coronavirus (COVID-19) Effect on Business Employment Dynamics

The release of First Quarter 2022 Business Employment Dynamics data will incorporate annual revisions in accordance with standard procedures.

Data collection and processing methods have been impacted because of the COVID-19 pandemic. More detail can be found at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-business-employment-dynamics.htm.


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. Most employers in the U.S. are required to file quarterly reports on the employment and wages of workers covered by unemployment insurance (UI) laws, and to pay quarterly UI taxes. The QCEW is based largely on quarterly UI reports which are sent by businesses to the State Workforce Agencies (SWAs). These UI reports are supplemented by two additional BLS data collections to render administrative data into economic statistics. Together these data comprise the QCEW and form the basis of the Bureau’s establishment universe sampling frame.

In the BED program, the QCEW records are linked across quarters to provide a longitudinal history for each establishment. The linkage process allows the tracking of net employment changes at the establishment level, which in turn allows the estimation of jobs gained at opening and expanding units and jobs lost at closing and contracting units.

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 establishments from the third month of one quarter to the third month of the next. Gross job gains are the sum of increases in employment from expansions at existing establishments and the addition of new jobs at opening establishments. Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. The difference between the number of gross jobs gained and the number of gross jobs lost is the net change in employment.

Gross job gains and gross job losses are expressed as rates by dividing their levels by the average of employment in the current and previous quarters. The rates are calculated for the components of gross job gains and gross job losses and then summed to form their respective totals. These rates can be added and subtracted just as their levels can. For instance, the difference between the gross job gains rate and the gross job losses rate is the net growth rate.

The formal definitions of employment changes are as follows:

Openings. These are either units with positive third month employment for the first time in the current quarter, with no links to the prior quarter, or with positive third month employment in the current quarter following zero employment in the previous quarter.

Expansions. These are units with positive employment in the third month in both the previous and current quarters, with a net increase in employment over this period.

Closings. These are either units with positive third month employment in the previous quarter, with no employment or zero employment reported in the current quarter.

Contractions. These are units with positive employment in the third month in both the previous and current quarters, with a net decrease in employment over this period.

The full Technical Note for the Business Employment Dynamics program, which includes information on coverage, concepts, and methodology, can be found in the current quarterly news release online at www.bls.gov/news.release/cewbd.htm.

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, Virginia, seasonally adjusted
Category Gross job gains and losses
(3 months ended)
Gross job gains and losses
as a percent of employment
(3 months ended)
Dec.
2020
Mar.
2021
June
2021
Sept.
2021
Dec.
2021
Dec.
2020
Mar.
2021
June
2021
Sept.
2021
Dec.
2021

Total private (1)

Gross job gains

214,569 184,421 195,231 213,826 225,872 7.0 6.0 6.2 6.8 7.1

At expanding establishments

173,660 148,184 156,565 173,212 183,431 5.7 4.8 5.0 5.5 5.8

At opening establishments

40,909 36,237 38,666 40,614 42,441 1.3 1.2 1.2 1.3 1.3

Gross job losses

162,104 169,083 187,666 192,102 172,065 5.3 5.4 6.0 6.1 5.4

At contracting establishments

123,912 137,264 155,901 151,354 136,027 4.1 4.4 5.0 4.8 4.3

At closing establishments

38,192 31,819 31,765 40,748 36,038 1.2 1.0 1.0 1.3 1.1

Net employment change (2)

52,465 15,338 7,565 21,724 53,807 1.7 0.6 0.2 0.7 1.7

Construction

Gross job gains

16,463 13,968 13,629 13,019 15,956 8.2 6.9 6.7 6.4 7.8

At expanding establishments

13,491 11,204 11,195 10,097 12,845 6.7 5.5 5.5 5.0 6.3

At opening establishments

2,972 2,764 2,434 2,922 3,111 1.5 1.4 1.2 1.4 1.5

Gross job losses

12,634 14,015 14,735 15,542 12,796 6.2 6.9 7.2 7.6 6.3

At contracting establishments

9,576 11,590 12,120 11,830 9,998 4.7 5.7 5.9 5.8 4.9

At closing establishments

3,058 2,425 2,615 3,712 2,798 1.5 1.2 1.3 1.8 1.4

Net employment change (2)

3,829 -47 -1,106 -2,523 3,160 2.0 0.0 -0.5 -1.2 1.5

Manufacturing

Gross job gains

10,932 6,617 7,014 10,954 9,049 4.7 2.8 3.0 4.7 3.8

At expanding establishments

9,960 6,021 6,272 9,876 8,059 4.3 2.5 2.7 4.2 3.4

At opening establishments

972 596 742 1,078 990 0.4 0.3 0.3 0.5 0.4

Gross job losses

6,217 5,851 10,265 8,313 6,239 2.7 2.5 4.4 3.5 2.6

At contracting establishments

4,857 5,224 9,351 7,271 5,428 2.1 2.2 4.0 3.1 2.3

At closing establishments

1,360 627 914 1,042 811 0.6 0.3 0.4 0.4 0.3

Net employment change (2)

4,715 766 -3,251 2,641 2,810 2.0 0.3 -1.4 1.2 1.2

Wholesale trade

Gross job gains

5,023 5,264 4,639 5,481 5,949 4.8 4.9 4.3 5.1 5.5

At expanding establishments

4,301 4,480 3,988 4,759 5,085 4.1 4.2 3.7 4.4 4.7

At opening establishments

722 784 651 722 864 0.7 0.7 0.6 0.7 0.8

Gross job losses

3,784 3,848 4,360 4,844 3,570 3.6 3.7 4.1 4.5 3.3

At contracting establishments

2,824 3,046 3,490 3,802 2,835 2.7 2.9 3.3 3.5 2.6

At closing establishments

960 802 870 1,042 735 0.9 0.8 0.8 1.0 0.7

Net employment change (2)

1,239 1,416 279 637 2,379 1.2 1.2 0.2 0.6 2.2

Retail trade

Gross job gains

23,558 24,328 25,978 20,889 22,780 6.1 6.2 6.5 5.2 5.8

At expanding establishments

20,474 20,913 22,484 18,447 19,674 5.3 5.3 5.6 4.6 5.0

At opening establishments

3,084 3,415 3,494 2,442 3,106 0.8 0.9 0.9 0.6 0.8

Gross job losses

21,533 19,342 24,569 28,233 21,033 5.6 4.9 6.1 7.1 5.3

At contracting establishments

17,769 17,292 21,669 24,769 18,265 4.6 4.4 5.4 6.2 4.6

At closing establishments

3,764 2,050 2,900 3,464 2,768 1.0 0.5 0.7 0.9 0.7

Net employment change (2)

2,025 4,986 1,409 -7,344 1,747 0.5 1.3 0.4 -1.9 0.5

Transportation and warehousing

Gross job gains

10,788 8,025 5,948 8,501 13,886 8.2 6.1 4.6 6.6 10.3

At expanding establishments

9,785 7,108 5,086 7,497 12,567 7.4 5.4 3.9 5.8 9.3

At opening establishments

1,003 917 862 1,004 1,319 0.8 0.7 0.7 0.8 1.0

Gross job losses

7,233 9,761 8,165 5,887 8,192 5.5 7.4 6.3 4.5 6.1

At contracting establishments

6,200 9,106 7,300 4,689 7,300 4.7 6.9 5.6 3.6 5.4

At closing establishments

1,033 655 865 1,198 892 0.8 0.5 0.7 0.9 0.7

Net employment change (2)

3,555 -1,736 -2,217 2,614 5,694 2.7 -1.3 -1.7 2.1 4.2

Information

Gross job gains

3,250 3,177 4,353 4,619 4,079 5.0 4.9 6.7 7.1 6.1

At expanding establishments

2,022 2,650 3,198 3,596 3,320 3.1 4.1 4.9 5.5 5.0

At opening establishments

1,228 527 1,155 1,023 759 1.9 0.8 1.8 1.6 1.1

Gross job losses

3,090 2,768 3,821 4,228 3,986 4.8 4.2 5.8 6.4 6.0

At contracting establishments

2,243 2,094 2,943 2,955 3,103 3.5 3.2 4.5 4.5 4.7

At closing establishments

847 674 878 1,273 883 1.3 1.0 1.3 1.9 1.3

Net employment change (2)

160 409 532 391 93 0.2 0.7 0.9 0.7 0.1

Financial activities

Gross job gains

9,991 9,128 8,708 10,824 11,346 5.1 4.6 4.4 5.5 5.8

At expanding establishments

7,601 6,730 6,675 8,415 8,621 3.9 3.4 3.4 4.3 4.4

At opening establishments

2,390 2,398 2,033 2,409 2,725 1.2 1.2 1.0 1.2 1.4

Gross job losses

9,412 8,429 9,675 9,889 9,365 4.8 4.3 4.9 5.1 4.7

At contracting establishments

6,278 6,523 7,437 7,566 6,904 3.2 3.3 3.8 3.9 3.5

At closing establishments

3,134 1,906 2,238 2,323 2,461 1.6 1.0 1.1 1.2 1.2

Net employment change (2)

579 699 -967 935 1,981 0.3 0.3 -0.5 0.4 1.1

Professional and business services

Gross job gains

50,083 42,237 45,670 50,244 54,024 6.7 5.5 6.0 6.5 7.0

At expanding establishments

40,578 35,327 35,740 40,024 44,779 5.4 4.6 4.7 5.2 5.8

At opening establishments

9,505 6,910 9,930 10,220 9,245 1.3 0.9 1.3 1.3 1.2

Gross job losses

38,710 38,164 44,292 46,675 44,780 5.2 5.0 5.8 6.1 5.7

At contracting establishments

29,073 30,007 36,795 36,773 34,355 3.9 3.9 4.8 4.8 4.4

At closing establishments

9,637 8,157 7,497 9,902 10,425 1.3 1.1 1.0 1.3 1.3

Net employment change (2)

11,373 4,073 1,378 3,569 9,244 1.5 0.5 0.2 0.4 1.3

Education and health services

Gross job gains

28,009 26,434 24,599 26,355 28,224 5.7 5.3 4.9 5.3 5.6

At expanding establishments

22,078 20,041 19,150 20,422 21,703 4.5 4.0 3.8 4.1 4.3

At opening establishments

5,931 6,393 5,449 5,933 6,521 1.2 1.3 1.1 1.2 1.3

Gross job losses

21,332 25,367 26,351 25,601 23,848 4.3 5.1 5.3 5.2 4.8

At contracting establishments

15,809 19,083 21,356 18,767 17,479 3.2 3.8 4.3 3.8 3.5

At closing establishments

5,523 6,284 4,995 6,834 6,369 1.1 1.3 1.0 1.4 1.3

Net employment change (2)

6,677 1,067 -1,752 754 4,376 1.4 0.2 -0.4 0.1 0.8

Leisure and hospitality

Gross job gains

39,000 29,791 37,966 46,814 41,692 12.0 9.0 11.1 13.2 11.2

At expanding establishments

32,172 23,922 31,926 39,795 35,321 9.9 7.2 9.3 11.2 9.5

At opening establishments

6,828 5,869 6,040 7,019 6,371 2.1 1.8 1.8 2.0 1.7

Gross job losses

25,521 28,427 29,323 29,680 26,022 7.8 8.5 8.6 8.3 7.0

At contracting establishments

20,847 23,843 25,026 24,286 22,046 6.4 7.1 7.3 6.8 5.9

At closing establishments

4,674 4,584 4,297 5,394 3,976 1.4 1.4 1.3 1.5 1.1

Net employment change (2)

13,479 1,364 8,643 17,134 15,670 4.2 0.5 2.5 4.9 4.2

Other services (3)

Gross job gains

8,759 7,407 8,473 8,708 9,923 7.8 6.5 7.4 7.5 8.4

At expanding establishments

6,526 5,453 6,626 6,748 7,156 5.8 4.8 5.8 5.8 6.1

At opening establishments

2,233 1,954 1,847 1,960 2,767 2.0 1.7 1.6 1.7 2.3

Gross job losses

7,411 7,323 7,521 8,002 7,638 6.6 6.4 6.6 6.9 6.5

At contracting establishments

5,477 5,806 5,572 5,484 5,651 4.9 5.1 4.9 4.7 4.8

At closing establishments

1,934 1,517 1,949 2,518 1,987 1.7 1.3 1.7 2.2 1.7

Net employment change (2)

1,348 84 952 706 2,285 1.2 0.1 0.8 0.6 1.9

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)
Dec.
2020
Mar.
2021
June
2021
Sept.
2021
Dec.
2021
Dec.
2020
Mar.
2021
June
2021
Sept.
2021
Dec.
2021

United States(1)

7.4 6.8 6.7 7.2 7.7 5.7 5.4 5.9 6.2 5.4

Alabama

7.6 5.9 6.2 6.6 7.6 5.5 5.9 6.0 6.7 5.3

Alaska

13.4 11.0 9.5 10.4 11.9 7.7 9.4 9.2 9.5 8.7

Arizona

7.3 6.3 6.8 6.9 6.8 5.0 5.5 6.0 6.0 4.9

Arkansas

7.2 5.9 5.5 6.6 7.6 5.2 5.1 5.6 5.9 4.5

California

8.5 7.7 7.8 7.8 8.5 6.1 5.9 6.4 6.3 5.5

Colorado

7.5 8.6 7.8 8.1 7.6 7.2 5.6 6.4 7.0 6.1

Connecticut

6.6 6.3 6.6 6.8 6.9 5.9 5.3 5.9 6.0 5.4

Delaware

6.8 6.8 6.4 7.2 8.3 6.0 6.0 6.4 7.0 6.1

District of Columbia

5.3 5.5 7.0 7.9 7.3 5.5 5.3 5.4 4.8 5.0

Florida

8.0 6.9 7.8 9.2 7.7 6.0 5.8 6.2 6.0 6.1

Georgia

7.9 6.7 6.9 7.4 8.1 5.2 5.7 6.2 6.2 5.7

Hawaii

14.7 8.5 10.7 7.2 6.8 4.6 5.9 5.6 6.6 4.8

Idaho

8.7 8.1 7.2 7.7 8.6 6.1 5.7 7.2 7.3 6.3

Illinois

6.5 7.2 6.0 6.3 7.5 6.1 4.9 5.6 6.0 4.9

Indiana

6.8 6.0 5.7 6.3 7.3 5.0 5.1 6.0 5.8 4.7

Iowa

6.8 6.1 6.0 6.2 6.6 5.1 5.4 6.0 6.0 5.2

Kansas

7.0 6.2 6.2 6.6 7.6 5.9 5.5 6.1 6.6 5.3

Kentucky

7.3 7.3 6.4 6.6 7.4 6.1 5.1 6.5 6.5 5.0

Louisiana

8.7 6.4 6.8 6.9 9.7 5.6 5.9 6.2 8.6 5.6

Maine

8.5 9.0 7.7 7.8 8.2 6.3 6.3 7.8 8.0 7.0

Maryland

7.3 6.3 6.6 7.5 7.2 5.8 5.5 6.6 6.7 5.7

Massachusetts

7.0 6.6 6.9 7.2 7.0 5.5 5.0 5.7 5.9 5.7

Michigan

6.7 8.5 6.2 6.6 7.5 6.9 4.9 5.6 6.1 5.3

Minnesota

6.9 9.2 6.1 6.4 7.3 6.8 4.9 5.5 6.8 5.2

Mississippi

8.0 5.6 6.4 7.5 8.0 4.9 6.6 6.5 6.2 5.7

Missouri

7.1 6.3 6.0 6.7 7.4 5.2 5.3 6.3 6.1 5.5

Montana

9.4 8.8 8.3 8.4 10.0 6.8 6.9 8.1 8.3 7.2

Nebraska

6.8 6.5 6.2 6.2 6.7 5.5 6.2 6.0 6.6 5.5

Nevada

8.8 7.3 9.5 8.9 8.2 5.7 5.5 5.7 5.8 4.9

New Hampshire

7.4 7.4 7.0 7.0 7.8 6.4 5.4 6.4 6.8 6.7

New Jersey

8.1 7.0 7.2 7.4 8.8 5.9 5.6 5.7 6.1 5.3

New Mexico

7.3 8.5 7.1 7.9 8.0 7.5 5.7 6.6 6.3 6.3

New York

7.4 6.9 7.1 7.5 7.7 6.3 5.4 5.7 6.0 5.5

North Carolina

7.9 6.6 6.4 6.8 8.1 5.0 5.4 5.8 6.4 5.2

North Dakota

7.2 7.8 6.9 7.5 7.7 7.1 6.5 6.5 6.7 6.5

Ohio

6.6 6.1 5.9 6.1 7.0 5.2 5.0 5.8 6.0 5.2

Oklahoma

7.9 6.1 6.5 7.1 7.4 5.8 6.1 6.0 7.0 6.4

Oregon

7.4 8.5 6.6 7.0 7.7 6.5 5.6 6.6 6.5 6.2

Pennsylvania

6.2 6.4 5.6 6.2 6.8 5.3 4.6 5.3 5.3 4.8

Rhode Island

7.6 9.8 7.0 7.6 8.5 7.1 5.5 6.4 6.6 6.5

South Carolina

8.0 6.2 6.3 7.2 7.9 5.2 6.1 6.5 6.6 5.3

South Dakota

7.2 7.3 6.8 6.6 7.2 6.2 6.0 5.8 6.5 5.9

Tennessee

7.5 5.6 5.9 6.8 7.4 4.6 5.0 5.8 5.5 4.9

Texas

7.6 5.7 6.7 7.1 7.7 4.8 5.0 5.4 5.4 4.7

Utah

8.1 7.1 6.9 7.3 7.5 5.6 6.1 6.0 6.8 5.8

Vermont

7.6 8.2 8.4 7.9 8.1 8.0 6.1 6.8 7.5 6.9

Virginia

7.0 6.0 6.2 6.8 7.1 5.3 5.4 6.0 6.1 5.4

Washington

7.2 7.9 6.7 7.2 7.8 6.1 5.4 5.8 5.7 5.1

West Virginia

7.4 7.2 6.5 6.7 7.8 6.2 5.8 6.4 6.5 5.9

Wisconsin

6.3 5.8 5.8 5.5 6.5 5.1 4.7 5.4 5.8 5.4

Wyoming

10.0 9.1 8.8 8.9 10.1 7.7 8.3 8.5 8.6 7.8

Puerto Rico

6.6 6.6 7.7 8.3 6.4 4.9 5.0 5.0 5.1 5.5

Virgin Islands

9.9 7.4 10.6 7.4 8.1 5.8 10.8 6.2 8.5 9.4

Footnotes
(1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands.

 

Last Modified Date: Friday, July 29, 2022