Friday, November 17, 2006
Tweet[IWS] BLS: BUSINESS EMPLOYMENT DYNAMICS: FIRST QUARTER 2006 [17 November 2006]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
BUSINESS EMPLOYMENT DYNAMICS: FIRST QUARTER 2006 [17 November 2006]
http://www.bls.gov/news.release/cewbd.nr0.htm
or
http://www.bls.gov/news.release/pdf/cewbd.pdf
[full-text, 17 pages]
From December 2005 to March 2006, the number of job gains from opening
and expanding private sector establishments was 7.6 million, and the number
of job losses from closing and contracting establishments was 6.8 million,
according to data released today by the Bureau of Labor Statistics of the
U.S. Department of Labor. Gross job gains exceeded gross job losses in all
sectors, except manufacturing, information, and utilities. (See table 3.)
Firms with 20 to 49 employees accounted for 18.9 percent of the net gains in
employment, representing the largest contribution to employment growth among
all firm size classes. (See tables D and 4.)
The Business Employment Dynamics (BED) data series include gross job
gains and gross job losses at the establishment level by major industry
sector, as well as, gross job gains and gross job losses at the firm level
by employer size class.
The change in the number of jobs over time is the net result of in-
creases and decreases in employment that occur at all businesses in
the economy. BED statistics track these changes in employment at pri-
vate business units from the third month of one quarter to the third
month of the next. Gross job gains are the sum of increases in employ-
ment from expansions at existing units and the addition of new jobs at
opening units. Gross job losses are the result of contractions in em-
ployment at existing units and the loss of jobs at closing units. The
difference between the number of gross jobs gained and the number of
gross jobs lost is the net change in employment. (See the Technical
Note for more information.)
AND MUCH MORE...including TABLES...
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
BUSINESS EMPLOYMENT DYNAMICS: FIRST QUARTER 2006 [17 November 2006]
http://www.bls.gov/news.release/cewbd.nr0.htm
or
http://www.bls.gov/news.release/pdf/cewbd.pdf
[full-text, 17 pages]
From December 2005 to March 2006, the number of job gains from opening
and expanding private sector establishments was 7.6 million, and the number
of job losses from closing and contracting establishments was 6.8 million,
according to data released today by the Bureau of Labor Statistics of the
U.S. Department of Labor. Gross job gains exceeded gross job losses in all
sectors, except manufacturing, information, and utilities. (See table 3.)
Firms with 20 to 49 employees accounted for 18.9 percent of the net gains in
employment, representing the largest contribution to employment growth among
all firm size classes. (See tables D and 4.)
The Business Employment Dynamics (BED) data series include gross job
gains and gross job losses at the establishment level by major industry
sector, as well as, gross job gains and gross job losses at the firm level
by employer size class.
The change in the number of jobs over time is the net result of in-
creases and decreases in employment that occur at all businesses in
the economy. BED statistics track these changes in employment at pri-
vate business units from the third month of one quarter to the third
month of the next. Gross job gains are the sum of increases in employ-
ment from expansions at existing units and the addition of new jobs at
opening units. Gross job losses are the result of contractions in em-
ployment at existing units and the loss of jobs at closing units. The
difference between the number of gross jobs gained and the number of
gross jobs lost is the net change in employment. (See the Technical
Note for more information.)
AND MUCH MORE...including TABLES...
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 4:26 PM
