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News Release Information

22-790-DAL
Thursday, May 05, 2022

Contacts Technical information: Media contact:
  • (972) 850-4800

Business Employment Dynamics in Louisiana – Third Quarter 2021

From June 2021 to September 2021, gross job losses from closing and contracting private-sector establishments were 129,960, while gross job gains from opening and expanding private-sector establishments in Louisiana were 102,880, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Michael Hirniak noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment loss of 27,080 jobs in the private sector during the third quarter of 2021. During the previous quarter, gross job gains exceeded gross job losses by 7,757. (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 third quarter of 2021, gross job gains represented 6.9 percent of private-sector employment in Louisiana; nationally, gross job gains accounted for 7.2 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 Louisiana, gross job gains at expanding establishments totaled 81,966 in the third quarter of 2021, a decrease of 3,248 jobs compared to the previous quarter. (See table 1.) Opening establishments accounted for 20,914 jobs gained in the third quarter of 2021, an increase of 4,695 jobs from the previous quarter.


Gross job losses

In the third quarter of 2021, gross job losses represented 8.6 percent of private-sector employment in Louisiana; nationally, gross job losses accounted for 6.2 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 Louisiana, contracting establishments lost 100,806 jobs in the third quarter of 2021, an increase of 22,492 jobs from the prior quarter. Closing establishments lost 29,154 jobs, an increase of 13,792 jobs from the previous quarter.


Industries

Gross job losses exceeded gross job gains in 8 of the 11 industry sectors in Louisiana in the third quarter of 2021. Leisure and hospitality had the largest over-the-quarter net job decrease with a loss of 10,027 jobs. This was the result of 17,841 gross job gains and 27,868 gross job losses. The education and health services industry had a net loss of 9,941 jobs. Financial activities showed a net gain of 939 jobs, the largest of any sector in the state. Louisiana’s professional and business services industry sector had a net gain of 747 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 Fourth Quarter 2021 are scheduled to be released on Wednesday, July 27, 2022.

Coronavirus (COVID-19) Effect on Business Employment Dynamics

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

Total private(1)

Gross job gains

129,943 127,528 96,274 101,433 102,880 9.1 8.7 6.4 6.8 6.9

At expanding establishments

104,462 102,385 76,572 85,214 81,966 7.3 7.0 5.1 5.7 5.5

At opening establishments

25,481 25,143 19,702 16,219 20,914 1.8 1.7 1.3 1.1 1.4

Gross job losses

99,686 81,705 88,400 93,676 129,960 7.0 5.6 5.9 6.2 8.6

At contracting establishments

80,959 67,732 71,954 78,314 100,806 5.7 4.6 4.8 5.2 6.7

At closing establishments

18,727 13,973 16,446 15,362 29,154 1.3 1.0 1.1 1.0 1.9

Net employment change(2)

Construction

Gross job gains

14,199 14,267 13,041 12,497 13,317 12.3 12.0 10.6 9.9 10.4

At expanding establishments

11,638 12,295 11,454 10,586 10,853 10.1 10.3 9.3 8.4 8.5

At opening establishments

2,561 1,972 1,587 1,911 2,464 2.2 1.7 1.3 1.5 1.9

Gross job losses

12,337 9,320 9,528 10,730 13,120 10.7 7.9 7.7 8.5 10.3

At contracting establishments

11,068 8,299 8,142 9,457 11,203 9.6 7.0 6.6 7.5 8.8

At closing establishments

1,269 1,021 1,386 1,273 1,917 1.1 0.9 1.1 1.0 1.5

Net employment change(2)

Manufacturing

Gross job gains

4,760 5,709 4,417 4,472 4,287 3.7 4.5 3.4 3.5 3.4

At expanding establishments

4,371 5,221 4,032 4,095 3,557 3.4 4.1 3.1 3.2 2.8

At opening establishments

389 488 385 377 730 0.3 0.4 0.3 0.3 0.6

Gross job losses

6,678 4,413 4,951 5,049 6,010 5.2 3.4 3.9 3.9 4.7

At contracting establishments

6,183 4,166 4,598 4,548 5,057 4.8 3.2 3.6 3.5 4.0

At closing establishments

495 247 353 501 953 0.4 0.2 0.3 0.4 0.7

Net employment change(2)

Wholesale trade

Gross job gains

3,000 3,729 2,778 2,941 2,773 4.7 5.8 4.3 4.5 4.3

At expanding establishments

2,506 2,845 2,299 2,328 2,238 3.9 4.4 3.6 3.6 3.5

At opening establishments

494 884 479 613 535 0.8 1.4 0.7 0.9 0.8

Gross job losses

3,402 2,206 2,528 2,712 3,759 5.4 3.5 4.0 4.2 5.9

At contracting establishments

2,659 1,774 2,040 2,093 2,700 4.2 2.8 3.2 3.2 4.2

At closing establishments

743 432 488 619 1,059 1.2 0.7 0.8 1.0 1.7

Net employment change(2)

Retail trade

Gross job gains

19,367 14,674 12,607 12,069 13,518 9.1 6.8 5.8 5.5 6.2

At expanding establishments

16,941 12,492 10,470 10,727 11,990 8.0 5.8 4.8 4.9 5.5

At opening establishments

2,426 2,182 2,137 1,342 1,528 1.1 1.0 1.0 0.6 0.7

Gross job losses

12,741 12,603 11,863 14,908 17,784 6.0 5.8 5.4 6.8 8.2

At contracting establishments

10,947 10,346 10,470 13,652 14,898 5.2 4.8 4.8 6.2 6.9

At closing establishments

1,794 2,257 1,393 1,256 2,886 0.8 1.0 0.6 0.6 1.3

Net employment change(2)

Transportation and warehousing

Gross job gains

4,907 6,826 3,358 3,537 4,886 7.2 9.7 4.7 5.0 7.1

At expanding establishments

4,420 5,775 2,576 2,884 4,419 6.5 8.2 3.6 4.1 6.4

At opening establishments

487 1,051 782 653 467 0.7 1.5 1.1 0.9 0.7

Gross job losses

4,412 3,271 5,250 4,643 4,894 6.5 4.7 7.4 6.7 7.0

At contracting establishments

3,770 2,857 3,901 4,256 4,042 5.6 4.1 5.5 6.1 5.8

At closing establishments

642 414 1,349 387 852 0.9 0.6 1.9 0.6 1.2

Net employment change(2)

Information

Gross job gains

2,613 2,473 1,662 2,969 2,059 15.6 13.4 8.8 15.0 10.1

At expanding establishments

2,065 1,949 1,188 2,537 1,658 12.3 10.6 6.3 12.8 8.1

At opening establishments

548 524 474 432 401 3.3 2.8 2.5 2.2 2.0

Gross job losses

780 1,078 1,728 1,705 2,375 4.6 5.9 9.2 8.6 11.6

At contracting establishments

630 913 1,387 1,275 1,519 3.7 5.0 7.4 6.4 7.4

At closing establishments

150 165 341 430 856 0.9 0.9 1.8 2.2 4.2

Net employment change(2)

Financial activities

Gross job gains

5,358 4,948 4,408 4,033 6,223 6.8 6.2 5.5 5.0 7.7

At expanding establishments

4,278 3,695 3,454 3,135 4,992 5.4 4.6 4.3 3.9 6.2

At opening establishments

1,080 1,253 954 898 1,231 1.4 1.6 1.2 1.1 1.5

Gross job losses

4,941 4,102 4,024 4,908 5,284 6.2 5.1 5.0 6.1 6.5

At contracting establishments

3,728 3,208 2,889 3,715 3,591 4.7 4.0 3.6 4.6 4.4

At closing establishments

1,213 894 1,135 1,193 1,693 1.5 1.1 1.4 1.5 2.1

Net employment change(2)

Professional and business services

Gross job gains

22,476 19,930 17,347 16,072 20,805 11.3 9.8 8.4 7.7 9.9

At expanding establishments

17,936 15,319 13,881 12,963 15,418 9.0 7.5 6.7 6.2 7.3

At opening establishments

4,540 4,611 3,466 3,109 5,387 2.3 2.3 1.7 1.5 2.6

Gross job losses

15,203 15,567 15,158 15,303 20,058 7.7 7.6 7.3 7.3 9.6

At contracting establishments

11,453 12,690 11,985 12,390 14,683 5.8 6.2 5.8 5.9 7.0

At closing establishments

3,750 2,877 3,173 2,913 5,375 1.9 1.4 1.5 1.4 2.6

Net employment change(2)

Education and health services

Gross job gains

15,478 20,005 13,262 14,639 11,657 5.4 6.8 4.5 4.9 3.9

At expanding establishments

12,685 16,565 9,798 12,561 9,844 4.4 5.6 3.3 4.2 3.3

At opening establishments

2,793 3,440 3,464 2,078 1,813 1.0 1.2 1.2 0.7 0.6

Gross job losses

13,193 11,572 12,409 12,184 21,598 4.6 3.9 4.1 4.0 7.2

At contracting establishments

10,666 9,012 9,964 10,416 15,829 3.7 3.0 3.3 3.4 5.3

At closing establishments

2,527 2,560 2,445 1,768 5,769 0.9 0.9 0.8 0.6 1.9

Net employment change(2)

Leisure and hospitality

Gross job gains

30,681 27,541 16,951 22,009 17,841 17.8 15.0 8.8 11.2 9.1

At expanding establishments

22,252 20,361 12,295 18,064 12,535 12.9 11.1 6.4 9.2 6.4

At opening establishments

8,429 7,180 4,656 3,945 5,306 4.9 3.9 2.4 2.0 2.7

Gross job losses

19,473 12,268 15,798 16,033 27,868 11.3 6.7 8.2 8.1 14.4

At contracting establishments

14,604 10,224 12,474 12,029 21,875 8.5 5.6 6.5 6.1 11.3

At closing establishments

4,869 2,044 3,324 4,004 5,993 2.8 1.1 1.7 2.0 3.1

Net employment change(2)

Other services(3)

Gross job gains

4,565 4,231 3,269 3,363 2,798 11.7 10.5 7.8 8.0 6.7

At expanding establishments

3,272 3,105 2,513 2,767 2,264 8.4 7.7 6.0 6.6 5.4

At opening establishments

1,293 1,126 756 596 534 3.3 2.8 1.8 1.4 1.3

Gross job losses

2,917 2,532 2,872 2,842 4,003 7.5 6.3 6.9 6.7 9.6

At contracting establishments

2,174 1,959 2,160 2,108 2,829 5.6 4.9 5.2 5.0 6.8

At closing establishments

743 573 712 734 1,174 1.9 1.4 1.7 1.7 2.8

Net employment change(2)

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

United States(1)

9.5 7.4 6.8 6.7 7.2 6.0 5.7 5.4 5.9 6.2

Alabama

7.8 7.6 5.9 6.2 6.6 5.9 5.5 5.9 6.0 6.7

Alaska

12.2 13.4 11.0 9.5 10.4 9.8 7.7 9.4 9.2 9.5

Arizona

7.8 7.3 6.3 6.8 6.9 6.1 5.0 5.5 6.0 6.0

Arkansas

7.6 7.2 5.9 5.5 6.6 5.7 5.2 5.1 5.6 5.9

California

8.9 8.5 7.7 7.8 7.8 7.1 6.1 5.9 6.4 6.3

Colorado

10.1 7.5 8.6 7.8 8.1 6.4 7.2 5.6 6.4 7.0

Connecticut

11.4 6.6 6.3 6.6 6.8 5.1 5.9 5.3 5.9 6.0

Delaware

10.3 6.8 6.8 6.4 7.2 6.4 6.0 6.0 6.4 7.0

District of Columbia

8.2 5.3 5.5 7.0 7.9 5.7 5.5 5.3 5.4 4.8

Florida

9.5 8.0 6.9 7.8 9.2 6.7 6.0 5.8 6.2 6.0

Georgia

9.3 7.9 6.7 6.9 7.4 6.5 5.2 5.7 6.2 6.2

Hawaii

7.5 14.7 8.5 10.7 7.2 12.2 4.6 5.9 5.6 6.6

Idaho

8.4 8.7 8.1 7.2 7.7 6.4 6.1 5.7 7.2 7.3

Illinois

9.7 6.5 7.2 6.0 6.3 5.6 6.1 4.9 5.6 6.0

Indiana

8.3 6.8 6.0 5.7 6.3 5.2 5.0 5.1 6.0 5.8

Iowa

7.5 6.8 6.1 6.0 6.2 5.5 5.1 5.4 6.0 6.0

Kansas

7.9 7.0 6.2 6.2 6.6 5.9 5.9 5.5 6.1 6.6

Kentucky

9.0 7.3 7.3 6.4 6.6 5.1 6.1 5.1 6.5 6.5

Louisiana

9.1 8.7 6.4 6.8 6.9 7.0 5.6 5.9 6.2 8.6

Maine

12.3 8.5 9.0 7.7 7.8 6.0 6.3 6.3 7.8 8.0

Maryland

11.2 7.3 6.3 6.6 7.5 5.5 5.8 5.5 6.6 6.7

Massachusetts

12.4 7.0 6.6 6.9 7.2 5.4 5.5 5.0 5.7 5.9

Michigan

10.9 6.7 8.5 6.2 6.6 4.8 6.9 4.9 5.6 6.1

Minnesota

9.0 6.9 9.2 6.1 6.4 5.4 6.8 4.9 5.5 6.8

Mississippi

8.7 8.0 5.6 6.4 7.5 5.5 4.9 6.6 6.5 6.2

Missouri

8.5 7.1 6.3 6.0 6.7 5.7 5.2 5.3 6.3 6.1

Montana

9.9 9.4 8.8 8.3 8.4 7.2 6.8 6.9 8.1 8.3

Nebraska

8.2 6.8 6.5 6.2 6.2 5.8 5.5 6.2 6.0 6.6

Nevada

12.9 8.8 7.3 9.5 8.9 6.4 5.7 5.5 5.7 5.8

New Hampshire

11.8 7.4 7.4 7.0 7.0 5.3 6.4 5.4 6.4 6.8

New Jersey

15.7 8.1 7.0 7.2 7.4 5.6 5.9 5.6 5.7 6.1

New Mexico

8.5 7.3 8.5 7.1 7.9 6.1 7.5 5.7 6.6 6.3

New York

13.3 7.4 6.9 7.1 7.5 5.9 6.3 5.4 5.7 6.0

North Carolina

8.7 7.9 6.6 6.4 6.8 5.6 5.0 5.4 5.8 6.4

North Dakota

8.9 7.2 7.8 6.9 7.5 6.9 7.1 6.5 6.5 6.7

Ohio

7.8 6.6 6.1 5.9 6.1 5.3 5.2 5.0 5.8 6.0

Oklahoma

7.1 7.9 6.1 6.5 7.1 6.6 5.8 6.1 6.0 7.0

Oregon

9.0 7.4 8.5 6.6 7.0 6.3 6.5 5.6 6.6 6.5

Pennsylvania

10.3 6.2 6.4 5.6 6.2 4.9 5.3 4.6 5.3 5.3

Rhode Island

13.0 7.6 9.8 7.0 7.6 5.3 7.1 5.5 6.4 6.6

South Carolina

8.8 8.0 6.2 6.3 7.2 5.9 5.2 6.1 6.5 6.6

South Dakota

8.6 7.2 7.3 6.8 6.6 5.5 6.2 6.0 5.8 6.5

Tennessee

8.1 7.5 5.6 5.9 6.8 5.5 4.6 5.0 5.8 5.5

Texas

7.3 7.6 5.7 6.7 7.1 6.1 4.8 5.0 5.4 5.4

Utah

9.1 8.1 7.1 6.9 7.3 6.3 5.6 6.1 6.0 6.8

Vermont

12.9 7.6 8.2 8.4 7.9 5.8 8.0 6.1 6.8 7.5

Virginia

10.4 7.0 6.0 6.2 6.8 5.4 5.3 5.4 6.0 6.1

Washington

8.9 7.2 7.9 6.7 7.2 6.3 6.1 5.4 5.8 5.7

West Virginia

8.9 7.4 7.2 6.5 6.7 6.9 6.2 5.8 6.4 6.5

Wisconsin

7.6 6.3 5.8 5.8 5.5 5.1 5.1 4.7 5.4 5.8

Wyoming

10.8 10.0 9.1 8.8 8.9 7.7 7.7 8.3 8.5 8.6

Puerto Rico

11.1 6.6 6.6 7.7 8.3 5.1 4.9 5.0 5.0 5.1

Virgin Islands

7.8 9.9 7.4 10.6 7.4 12.5 5.8 10.8 6.2 8.5

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

 

Last Modified Date: Thursday, May 05, 2022