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News Release Information

22-1602-ATL
Thursday, August 04, 2022

Contacts Technical information: Media contact:
  • (404) 893-4220

Business Employment Dynamics in Georgia — Fourth Quarter 2021

From September 2021 to December 2021, gross job gains from opening and expanding private-sector establishments in Georgia were 319,390, while gross job losses from closing and contracting private-sector establishments were 222,404, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Janet S. Rankin noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 96,986 in the private sector during the fourth quarter of 2021. In the previous quarter, gross job gains exceeded gross job losses by 44,495. (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 the Technical Note.)

 

Gross job gains

In the fourth quarter of 2021, gross job gains represented 8.1 percent of private-sector employment in Georgia; 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 Georgia, gross job gains at expanding establishments totaled 255,198 in the fourth quarter of 2021, an increase of 33,811 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 64,192 jobs gained in the fourth quarter of 2021, an increase of 2,842 jobs from the previous quarter.

Gross job losses

In the fourth quarter of 2021, gross job losses represented 5.7 percent of private-sector employment in Georgia; nationally, gross job losses accounted for 5.4 percent of private-sector employment. (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 Georgia, contracting establishments lost 167,972 jobs in the fourth quarter of 2021, a decrease of 19,658 jobs from the prior quarter. Closing establishments lost 54,432 jobs, an increase of 3,820 jobs from the previous quarter.

Industries

Gross job gains exceeded gross job losses in 10 of 11 industry sectors in Georgia in the fourth quarter of 2021. Professional and business services had the largest over-the-quarter net job increase, with a gain of 25,433 jobs. This was the result of 72,882 gross job gains and 47,449 gross job losses. Georgia’s information industry had a net loss of 1,247 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, at 10:00 a.m. (ET).

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, Georgia, 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

290,819 251,594 260,499 282,737 319,390 7.9 6.7 6.9 7.4 8.1

At expanding establishments

234,450 191,648 205,118 221,387 255,198 6.4 5.1 5.4 5.8 6.5

At opening establishments

56,369 59,946 55,381 61,350 64,192 1.5 1.6 1.5 1.6 1.6

Gross job losses

191,946 214,348 235,681 238,242 222,404 5.2 5.7 6.2 6.2 5.7

At contracting establishments

146,587 174,099 189,346 187,630 167,972 4.0 4.6 5.0 4.9 4.3

At closing establishments

45,359 40,249 46,335 50,612 54,432 1.2 1.1 1.2 1.3 1.4

Net employment change (2)

98,873 37,246 24,818 44,495 96,986 2.7 1.0 0.7 1.2 2.4

Construction

Gross job gains

14,596 16,289 14,632 16,303 17,078 7.3 8.0 7.2 8.0 8.2

At expanding establishments

11,289 13,359 11,638 12,495 13,545 5.6 6.6 5.7 6.1 6.5

At opening establishments

3,307 2,930 2,994 3,808 3,533 1.7 1.4 1.5 1.9 1.7

Gross job losses

14,118 14,342 15,689 15,174 13,861 7.0 7.1 7.7 7.5 6.7

At contracting establishments

10,293 11,734 11,995 11,784 10,203 5.1 5.8 5.9 5.8 4.9

At closing establishments

3,825 2,608 3,694 3,390 3,658 1.9 1.3 1.8 1.7 1.8

Net employment change (2)

478 1,947 -1,057 1,129 3,217 0.3 0.9 -0.5 0.5 1.5

Manufacturing

Gross job gains

16,831 13,849 13,642 15,622 19,911 4.4 3.6 3.6 4.0 5.0

At expanding establishments

15,071 12,470 11,504 13,602 18,205 3.9 3.2 3.0 3.5 4.6

At opening establishments

1,760 1,379 2,138 2,020 1,706 0.5 0.4 0.6 0.5 0.4

Gross job losses

12,149 11,036 14,275 12,577 10,470 3.2 2.8 3.7 3.2 2.6

At contracting establishments

10,197 9,806 12,413 10,958 8,525 2.7 2.5 3.2 2.8 2.1

At closing establishments

1,952 1,230 1,862 1,619 1,945 0.5 0.3 0.5 0.4 0.5

Net employment change (2)

4,682 2,813 -633 3,045 9,441 1.2 0.8 -0.1 0.8 2.4

Wholesale trade

Gross job gains

11,306 9,725 10,813 12,525 13,808 5.5 4.7 5.2 6.0 6.4

At expanding establishments

9,257 8,092 8,949 10,225 11,607 4.5 3.9 4.3 4.9 5.4

At opening establishments

2,049 1,633 1,864 2,300 2,201 1.0 0.8 0.9 1.1 1.0

Gross job losses

8,095 9,080 8,430 10,407 8,258 3.9 4.4 4.0 4.9 3.9

At contracting establishments

5,449 7,150 6,670 7,631 6,508 2.6 3.5 3.2 3.6 3.1

At closing establishments

2,646 1,930 1,760 2,776 1,750 1.3 0.9 0.8 1.3 0.8

Net employment change (2)

3,211 645 2,383 2,118 5,550 1.6 0.3 1.2 1.1 2.5

Retail trade

Gross job gains

30,657 29,928 31,006 33,365 30,465 6.4 6.1 6.3 6.7 6.0

At expanding establishments

26,473 24,540 27,063 28,517 26,387 5.5 5.0 5.5 5.7 5.2

At opening establishments

4,184 5,388 3,943 4,848 4,078 0.9 1.1 0.8 1.0 0.8

Gross job losses

28,734 26,991 28,987 30,197 28,610 5.9 5.6 5.9 6.0 5.7

At contracting establishments

24,901 22,821 25,083 26,502 24,025 5.1 4.7 5.1 5.3 4.8

At closing establishments

3,833 4,170 3,904 3,695 4,585 0.8 0.9 0.8 0.7 0.9

Net employment change (2)

1,923 2,937 2,019 3,168 1,855 0.5 0.5 0.4 0.7 0.3

Transportation and warehousing

Gross job gains

19,933 12,608 11,167 17,248 22,775 9.2 5.6 4.9 7.7 9.7

At expanding establishments

17,154 11,185 9,738 15,712 20,279 7.9 5.0 4.3 7.0 8.6

At opening establishments

2,779 1,423 1,429 1,536 2,496 1.3 0.6 0.6 0.7 1.1

Gross job losses

10,427 11,888 17,322 10,761 8,004 4.8 5.3 7.7 4.9 3.4

At contracting establishments

9,152 10,514 15,975 9,302 6,167 4.2 4.7 7.1 4.2 2.6

At closing establishments

1,275 1,374 1,347 1,459 1,837 0.6 0.6 0.6 0.7 0.8

Net employment change (2)

9,506 720 -6,155 6,487 14,771 4.4 0.3 -2.8 2.8 6.3

Information

Gross job gains

9,035 12,663 8,799 9,022 10,805 8.2 10.9 7.2 7.2 8.6

At expanding establishments

8,059 11,771 7,593 7,364 9,525 7.3 10.1 6.2 5.9 7.6

At opening establishments

976 892 1,206 1,658 1,280 0.9 0.8 1.0 1.3 1.0

Gross job losses

7,566 4,142 8,481 8,361 12,052 6.9 3.5 7.0 6.7 9.6

At contracting establishments

5,964 3,422 6,945 7,141 9,389 5.4 2.9 5.7 5.7 7.5

At closing establishments

1,602 720 1,536 1,220 2,663 1.5 0.6 1.3 1.0 2.1

Net employment change (2)

1,469 8,521 318 661 -1,247 1.3 7.4 0.2 0.5 -1.0

Financial activities

Gross job gains

14,808 12,090 14,386 16,246 20,304 6.2 4.9 5.8 6.6 8.0

At expanding establishments

10,792 9,547 11,164 13,110 16,072 4.5 3.9 4.5 5.3 6.3

At opening establishments

4,016 2,543 3,222 3,136 4,232 1.7 1.0 1.3 1.3 1.7

Gross job losses

12,297 10,809 13,958 12,675 14,512 5.1 4.5 5.6 5.1 5.7

At contracting establishments

8,915 7,918 10,431 8,778 9,922 3.7 3.3 4.2 3.5 3.9

At closing establishments

3,382 2,891 3,527 3,897 4,590 1.4 1.2 1.4 1.6 1.8

Net employment change (2)

2,511 1,281 428 3,571 5,792 1.1 0.4 0.2 1.5 2.3

Professional and business services

Gross job gains

76,177 48,675 54,489 62,611 72,882 10.9 6.8 7.6 8.6 9.7

At expanding establishments

63,122 37,956 43,791 51,504 59,392 9.0 5.3 6.1 7.1 7.9

At opening establishments

13,055 10,719 10,698 11,107 13,490 1.9 1.5 1.5 1.5 1.8

Gross job losses

39,599 51,486 53,262 50,325 47,449 5.6 7.2 7.4 6.9 6.4

At contracting establishments

29,608 42,019 43,352 38,917 34,908 4.2 5.9 6.0 5.3 4.7

At closing establishments

9,991 9,467 9,910 11,408 12,541 1.4 1.3 1.4 1.6 1.7

Net employment change (2)

36,578 -2,811 1,227 12,286 25,433 5.3 -0.4 0.2 1.7 3.3

Education and health services

Gross job gains

31,830 27,782 28,339 31,569 37,233 5.7 4.9 4.9 5.5 6.4

At expanding establishments

26,211 22,517 23,564 24,284 29,078 4.7 4.0 4.1 4.2 5.0

At opening establishments

5,619 5,265 4,775 7,285 8,155 1.0 0.9 0.8 1.3 1.4

Gross job losses

20,417 24,499 26,284 30,870 29,351 3.6 4.3 4.6 5.4 5.0

At contracting establishments

15,312 19,568 20,511 23,062 22,761 2.7 3.4 3.6 4.0 3.9

At closing establishments

5,105 4,931 5,773 7,808 6,590 0.9 0.9 1.0 1.4 1.1

Net employment change (2)

11,413 3,283 2,055 699 7,882 2.1 0.6 0.3 0.1 1.4

Leisure and hospitality

Gross job gains

47,066 38,958 48,881 43,780 48,124 11.3 9.1 11.1 9.7 10.5

At expanding establishments

36,264 28,262 38,787 33,816 38,605 8.7 6.6 8.8 7.5 8.4

At opening establishments

10,802 10,696 10,094 9,964 9,519 2.6 2.5 2.3 2.2 2.1

Gross job losses

26,443 35,329 33,162 40,905 34,304 6.3 8.2 7.5 9.0 7.5

At contracting establishments

19,605 29,216 26,402 33,942 26,703 4.7 6.8 6.0 7.5 5.8

At closing establishments

6,838 6,113 6,760 6,963 7,601 1.6 1.4 1.5 1.5 1.7

Net employment change (2)

20,623 3,629 15,719 2,875 13,820 5.0 0.9 3.6 0.7 3.0

Other services (3)

Gross job gains

10,902 7,954 9,756 8,791 10,527 10.9 7.8 9.5 8.5 10.0

At expanding establishments

7,921 6,195 7,794 6,853 7,889 7.9 6.1 7.6 6.6 7.5

At opening establishments

2,981 1,759 1,962 1,938 2,638 3.0 1.7 1.9 1.9 2.5

Gross job losses

6,449 9,265 7,403 9,228 8,152 6.5 9.2 7.2 8.9 7.7

At contracting establishments

4,658 7,177 5,139 6,540 5,893 4.7 7.1 5.0 6.3 5.6

At closing establishments

1,791 2,088 2,264 2,688 2,259 1.8 2.1 2.2 2.6 2.1

Net employment change (2)

4,453 -1,311 2,353 -437 2,375 4.4 -1.4 2.3 -0.4 2.3

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: Thursday, August 04, 2022