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News Release Information

22-1319-ATL
Friday, November 04, 2022

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

Business Employment Dynamics in Tennessee — First Quarter 2022

From December 2021 to March 2022, gross job gains from opening and expanding private-sector establishments in Tennessee were 175,955, while gross job losses from closing and contracting private-sector establishments were 127,316, 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 48,639 jobs in the private sector during the first quarter of 2022. During the previous quarter, gross job gains exceeded gross job losses by 46,707. (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 first quarter of 2022, gross job gains represented 6.6 percent of private-sector employment both in Tennessee and nationally. (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 Tennessee, gross job gains at expanding establishments totaled 144,867 in the first quarter of 2022, a decrease of 22,412 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 31,088 jobs gained in the first quarter of 2022, an increase of 4,746 jobs from the previous quarter.


Gross job losses

In the first quarter of 2022, gross job losses represented 4.7 percent of private-sector employment in Tennessee; 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 Tennessee, contracting establishments lost 110,665 jobs in the first quarter of 2022, an increase of 2,787 jobs from the prior quarter. Closing establishments lost 16,651 jobs, a decrease of 22,385 jobs from the previous quarter.


Industries

Gross job gains exceeded gross job losses in all 11 industry sectors in Tennessee in the first quarter of 2022. Retail trade had the largest over-the-quarter net job increase, with a gain of 10,251 jobs. This was the result of 24,874 gross job gains and 14,623 gross job losses. The professional and business services industry had a net gain of 10,074 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 Second Quarter 2022 are scheduled to be released on Wednesday, January 25, 2023.

Revisions to Business Employment Dynamics (BED) Data

The release of First Quarter 2022 Business Employment Dynamics data incorporates annual revisions in accordance with standard procedures. However, the current release, published on October 26, 2022, includes two years of revisions to not seasonally adjusted data, along with the customary five years of revisions to seasonally adjusted data. This temporary procedural change is to amend spikes in the openings and closings series for the education and health services sector in Washington caused by an administrative change.


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 units with positive third month employment in the previous quarter and either not reported, or reported with zero employment, 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, Tennessee, seasonally adjusted
Category Gross job gains and losses
(3 months ended)
Gross job gains and losses
as a percent of employment
(3 months ended)
Mar.
2021
June
2021
Sept.
2021
Dec.
2021
Mar.
2022
Mar.
2021
June
2021
Sept.
2021
Dec.
2021
Mar.
2022

Total private (1)

Gross job gains

149,822 156,916 179,187 193,621 175,955 5.8 6.1 6.9 7.3 6.6

At expanding establishments

128,318 131,545 148,840 167,279 144,867 5.0 5.1 5.7 6.3 5.4

At opening establishments

21,504 25,371 30,347 26,342 31,088 0.8 1.0 1.2 1.0 1.2

Gross job losses

131,516 153,791 142,682 146,914 127,316 5.2 6.0 5.4 5.6 4.7

At contracting establishments

117,140 136,619 126,016 107,878 110,665 4.6 5.3 4.8 4.1 4.1

At closing establishments

14,376 17,172 16,666 39,036 16,651 0.6 0.7 0.6 1.5 0.6

Net employment change (2)

18,306 3,125 36,505 46,707 48,639 0.6 0.1 1.5 1.7 1.9

Construction

Gross job gains

11,036 9,798 11,604 13,974 13,592 8.2 7.2 8.6 10.0 9.5

At expanding establishments

9,386 8,182 9,684 12,139 10,762 7.0 6.0 7.2 8.7 7.5

At opening establishments

1,650 1,616 1,920 1,835 2,830 1.2 1.2 1.4 1.3 2.0

Gross job losses

8,705 10,270 9,276 9,910 9,401 6.4 7.6 6.8 7.1 6.5

At contracting establishments

7,703 9,216 8,158 6,862 8,215 5.7 6.8 6.0 4.9 5.7

At closing establishments

1,002 1,054 1,118 3,048 1,186 0.7 0.8 0.8 2.2 0.8

Net employment change (2)

2,331 -472 2,328 4,064 4,191 1.8 -0.4 1.8 2.9 3.0

Manufacturing

Gross job gains

11,799 11,596 13,661 17,465 12,969 3.4 3.4 3.9 4.9 3.6

At expanding establishments

10,872 10,712 12,576 16,262 11,830 3.1 3.1 3.6 4.6 3.3

At opening establishments

927 884 1,085 1,203 1,139 0.3 0.3 0.3 0.3 0.3

Gross job losses

8,949 12,389 13,212 9,362 9,020 2.6 3.6 3.8 2.6 2.6

At contracting establishments

8,405 11,480 12,214 7,860 7,757 2.4 3.3 3.5 2.2 2.2

At closing establishments

544 909 998 1,502 1,263 0.2 0.3 0.3 0.4 0.4

Net employment change (2)

2,850 -793 449 8,103 3,949 0.8 -0.2 0.1 2.3 1.0

Wholesale trade

Gross job gains

5,272 5,814 7,080 7,923 6,494 4.5 4.9 5.9 6.5 5.1

At expanding establishments

4,560 4,908 5,791 6,602 5,244 3.9 4.1 4.8 5.4 4.1

At opening establishments

712 906 1,289 1,321 1,250 0.6 0.8 1.1 1.1 1.0

Gross job losses

3,873 4,493 4,957 6,050 5,038 3.3 3.7 4.0 4.9 4.0

At contracting establishments

3,155 3,722 3,927 4,269 3,641 2.7 3.1 3.2 3.5 2.9

At closing establishments

718 771 1,030 1,781 1,397 0.6 0.6 0.8 1.4 1.1

Net employment change (2)

1,399 1,321 2,123 1,873 1,456 1.2 1.2 1.9 1.6 1.1

Retail trade

Gross job gains

22,473 18,560 20,220 20,582 24,874 6.7 5.5 6.0 6.2 7.3

At expanding establishments

19,699 16,078 18,086 18,289 22,539 5.9 4.8 5.4 5.5 6.6

At opening establishments

2,774 2,482 2,134 2,293 2,335 0.8 0.7 0.6 0.7 0.7

Gross job losses

16,717 23,813 19,554 18,002 14,623 5.0 7.1 5.8 5.4 4.4

At contracting establishments

15,122 22,365 18,200 14,617 13,089 4.5 6.7 5.4 4.4 3.9

At closing establishments

1,595 1,448 1,354 3,385 1,534 0.5 0.4 0.4 1.0 0.5

Net employment change (2)

5,756 -5,253 666 2,580 10,251 1.7 -1.6 0.2 0.8 2.9

Transportation and warehousing

Gross job gains

9,003 9,116 11,282 15,265 8,719 4.7 4.8 6.0 7.8 4.3

At expanding establishments

8,089 6,882 9,107 14,204 7,815 4.2 3.6 4.8 7.3 3.9

At opening establishments

914 2,234 2,175 1,061 904 0.5 1.2 1.2 0.5 0.4

Gross job losses

12,389 11,698 8,883 6,370 8,189 6.4 6.2 4.7 3.3 4.0

At contracting establishments

11,760 11,174 8,125 5,223 7,725 6.1 5.9 4.3 2.7 3.8

At closing establishments

629 524 758 1,147 464 0.3 0.3 0.4 0.6 0.2

Net employment change (2)

-3,386 -2,582 2,399 8,895 530 -1.7 -1.4 1.3 4.5 0.3

Information

Gross job gains

3,992 4,352 5,504 4,011 5,209 9.2 9.7 11.7 8.3 10.2

At expanding establishments

3,139 3,111 3,725 3,009 3,920 7.2 6.9 7.9 6.2 7.7

At opening establishments

853 1,241 1,779 1,002 1,289 2.0 2.8 3.8 2.1 2.5

Gross job losses

2,905 2,512 2,518 4,088 2,558 6.7 5.6 5.4 8.4 5.1

At contracting establishments

2,302 2,149 1,975 2,618 1,712 5.3 4.8 4.2 5.4 3.4

At closing establishments

603 363 543 1,470 846 1.4 0.8 1.2 3.0 1.7

Net employment change (2)

1,087 1,840 2,986 -77 2,651 2.5 4.1 6.3 -0.1 5.1

Financial activities

Gross job gains

7,602 7,998 10,436 9,947 9,647 4.8 5.1 6.5 6.1 6.0

At expanding establishments

6,259 6,456 8,125 8,314 7,723 4.0 4.1 5.1 5.1 4.8

At opening establishments

1,343 1,542 2,311 1,633 1,924 0.8 1.0 1.4 1.0 1.2

Gross job losses

6,887 7,910 8,216 8,983 6,988 4.4 5.0 5.1 5.5 4.3

At contracting establishments

5,650 6,492 6,939 6,015 5,675 3.6 4.1 4.3 3.7 3.5

At closing establishments

1,237 1,418 1,277 2,968 1,313 0.8 0.9 0.8 1.8 0.8

Net employment change (2)

715 88 2,220 964 2,659 0.4 0.1 1.4 0.6 1.7

Professional and business services

Gross job gains

29,531 32,223 37,478 40,837 35,417 6.9 7.5 8.6 9.1 7.8

At expanding establishments

25,643 26,280 30,423 35,300 29,110 6.0 6.1 7.0 7.9 6.4

At opening establishments

3,888 5,943 7,055 5,537 6,307 0.9 1.4 1.6 1.2 1.4

Gross job losses

27,978 33,944 28,468 31,038 25,343 6.5 7.8 6.5 7.0 5.5

At contracting establishments

24,614 29,991 24,569 21,154 22,465 5.7 6.9 5.6 4.8 4.9

At closing establishments

3,364 3,953 3,899 9,884 2,878 0.8 0.9 0.9 2.2 0.6

Net employment change (2)

1,553 -1,721 9,010 9,799 10,074 0.4 -0.3 2.1 2.1 2.3

Education and health services

Gross job gains

16,377 17,839 18,114 20,649 19,543 3.9 4.2 4.2 4.8 4.6

At expanding establishments

14,361 15,532 15,049 17,128 16,145 3.4 3.7 3.5 4.0 3.8

At opening establishments

2,016 2,307 3,065 3,521 3,398 0.5 0.5 0.7 0.8 0.8

Gross job losses

15,634 17,781 18,220 20,518 16,363 3.7 4.2 4.3 4.8 3.8

At contracting establishments

13,911 15,770 15,758 14,966 14,256 3.3 3.7 3.7 3.5 3.3

At closing establishments

1,723 2,011 2,462 5,552 2,107 0.4 0.5 0.6 1.3 0.5

Net employment change (2)

743 58 -106 131 3,180 0.2 0.0 -0.1 0.0 0.8

Leisure and hospitality

Gross job gains

26,085 31,866 35,930 33,646 29,961 8.6 10.3 11.3 10.2 8.9

At expanding establishments

20,896 27,147 30,008 28,411 23,823 6.9 8.8 9.4 8.6 7.1

At opening establishments

5,189 4,719 5,922 5,235 6,138 1.7 1.5 1.9 1.6 1.8

Gross job losses

21,470 22,769 22,948 25,470 23,201 7.1 7.4 7.2 7.7 6.9

At contracting establishments

19,339 18,973 20,593 19,445 20,445 6.4 6.2 6.5 5.9 6.1

At closing establishments

2,131 3,796 2,355 6,025 2,756 0.7 1.2 0.7 1.8 0.8

Net employment change (2)

4,615 9,097 12,982 8,176 6,760 1.5 2.9 4.1 2.5 2.0

Other services (3)

Gross job gains

5,203 6,257 6,331 7,012 5,986 7.6 9.0 8.9 9.7 8.2

At expanding establishments

4,199 5,271 5,205 6,018 4,516 6.1 7.6 7.3 8.3 6.2

At opening establishments

1,004 986 1,126 994 1,470 1.5 1.4 1.6 1.4 2.0

Gross job losses

4,935 4,424 5,160 5,636 5,385 7.2 6.3 7.3 7.8 7.3

At contracting establishments

4,239 3,719 4,378 3,959 4,614 6.2 5.3 6.2 5.5 6.3

At closing establishments

696 705 782 1,677 771 1.0 1.0 1.1 2.3 1.0

Net employment change (2)

268 1,833 1,171 1,376 601 0.4 2.7 1.6 1.9 0.9

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)
Mar.
2021
June
2021
Sept.
2021
Dec.
2021
Mar.
2022
Mar.
2021
June
2021
Sept.
2021
Dec.
2021
Mar.
2022

United States(1)

7.0 6.8 7.3 7.7 6.6 5.5 5.9 6.1 5.4 5.4

Alabama

6.7 6.3 6.7 7.6 6.2 5.8 6.0 6.3 5.2 6.0

Alaska

11.1 9.5 10.5 11.8 10.1 9.4 9.3 9.7 8.7 9.3

Arizona

6.5 6.8 7.1 6.8 6.8 5.4 5.9 5.1 5.0 5.7

Arkansas

6.3 5.8 6.8 7.8 5.9 5.1 5.7 6.7 4.8 5.4

California

7.8 7.8 7.8 8.5 7.4 5.9 6.5 6.1 5.5 5.6

Colorado

8.6 7.8 8.0 7.6 7.5 5.5 6.4 7.0 6.1 6.3

Connecticut

6.5 6.7 6.9 6.9 6.3 5.4 5.8 6.0 5.3 5.3

Delaware

7.0 6.8 7.6 8.2 7.3 6.2 6.5 7.2 6.0 5.6

District of Columbia

5.5 7.1 7.9 7.3 6.0 5.4 5.4 4.9 4.9 4.9

Florida

7.0 7.8 9.0 7.7 6.5 5.8 6.3 6.0 6.0 5.7

Georgia

6.8 7.0 7.5 7.9 6.8 5.7 6.2 6.2 5.5 5.7

Hawaii

8.7 10.7 7.3 7.1 6.1 5.7 5.5 6.3 5.1 5.1

Idaho

8.2 7.2 7.7 8.5 8.5 5.7 7.2 7.3 6.3 6.2

Illinois

7.3 6.2 6.6 7.5 6.2 5.1 5.5 6.0 4.9 5.0

Indiana

6.2 5.7 6.3 7.3 6.0 5.0 6.0 5.7 4.7 4.8

Iowa

6.2 6.0 6.2 6.6 6.5 5.5 6.0 6.1 5.4 5.3

Kansas

6.3 6.2 6.6 7.6 6.2 5.7 6.2 6.5 5.3 5.4

Kentucky

7.4 6.5 6.7 7.4 6.6 5.4 6.4 6.4 4.9 5.0

Louisiana

6.8 6.9 6.9 9.6 6.5 5.9 6.1 8.5 5.8 7.1

Maine

8.9 7.5 7.8 8.2 8.0 6.4 7.7 7.8 6.9 6.1

Maryland

6.7 6.6 7.5 7.3 6.6 5.6 6.5 6.4 5.3 5.9

Massachusetts

6.7 6.9 7.2 7.0 6.6 5.0 5.7 5.8 5.7 5.1

Michigan

8.6 6.3 6.5 7.5 6.3 4.8 5.6 5.9 5.2 5.1

Minnesota

9.4 6.1 6.4 7.3 6.0 4.8 5.6 6.7 5.2 5.4

Mississippi

5.7 6.5 7.6 7.9 6.1 6.5 6.6 6.1 5.7 6.0

Missouri

6.4 6.1 6.7 7.4 6.5 5.2 6.1 6.1 5.5 5.4

Montana

8.9 8.5 8.5 9.9 9.3 6.9 8.1 8.3 7.2 8.5

Nebraska

6.6 6.2 6.3 7.0 6.8 5.8 6.0 6.5 5.8 5.9

Nevada

7.5 9.4 8.9 8.3 6.8 5.7 5.7 5.7 4.8 5.2

New Hampshire

7.5 7.0 7.0 7.6 7.7 5.4 6.3 6.8 6.4 5.4

New Jersey

7.2 7.1 7.5 8.7 7.1 5.9 5.7 6.1 5.4 5.5

New Mexico

8.7 7.4 8.2 8.2 7.4 5.6 6.6 6.5 6.3 6.2

New York

7.0 7.1 7.5 7.7 6.7 5.4 5.7 5.9 5.4 5.2

North Carolina

6.9 6.4 6.8 8.1 6.5 5.4 5.8 6.4 5.0 5.3

North Dakota

8.3 6.9 7.5 7.6 7.5 6.7 6.5 6.7 6.5 6.5

Ohio

6.1 5.9 6.1 7.0 6.1 5.0 5.8 6.0 5.2 4.8

Oklahoma

6.2 6.6 7.1 7.6 6.3 5.9 6.1 6.6 5.9 5.7

Oregon

8.7 6.6 7.1 7.8 7.5 5.6 6.6 6.5 6.1 5.7

Pennsylvania

6.7 5.7 6.3 6.8 6.3 4.7 5.3 5.0 4.8 4.9

Rhode Island

9.9 7.0 7.6 8.5 7.9 5.6 6.4 7.1 6.6 5.7

South Carolina

6.4 6.3 7.3 7.9 6.9 6.0 6.4 6.0 5.3 6.2

South Dakota

7.3 6.8 6.6 7.2 7.7 6.0 5.8 6.4 5.9 6.1

Tennessee

5.8 6.1 6.9 7.3 6.6 5.2 6.0 5.4 5.6 4.7

Texas

6.1 6.8 7.1 7.7 6.3 5.1 5.6 5.5 4.8 5.4

Utah

7.3 7.0 7.4 7.5 7.8 5.7 6.1 7.0 6.0 5.9

Vermont

8.4 8.4 8.0 8.1 8.0 6.2 7.0 7.7 6.9 6.3

Virginia

6.2 6.4 6.9 7.2 6.4 5.4 6.1 6.0 5.3 5.8

Washington

8.0 6.7 7.3 7.8 7.3 5.7 5.9 5.9 5.3 5.0

West Virginia

7.4 6.6 7.1 7.9 7.3 5.9 6.6 6.5 6.0 5.9

Wisconsin

6.0 5.8 5.5 6.6 6.5 4.7 5.3 5.8 5.2 4.8

Wyoming

9.3 8.8 9.1 10.1 8.9 8.2 8.4 8.4 7.8 8.3

Puerto Rico

6.8 7.8 8.5 6.4 7.0 5.0 5.0 5.1 5.5 4.9

Virgin Islands

7.4 11.0 7.5 8.0 6.9 10.6 5.8 8.5 9.5 10.3

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

 

Last Modified Date: Friday, November 04, 2022