Tuesday, May 19, 2009

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[IWS] BLS: BUSINESS EMPLOYMENT DYNAMICS: THIRD QUARTER 2008 [19 May 2009]

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: THIRD QUARTER 2008 [19 May 2009]
http://www.bls.gov/news.release/cewbd.nr0.htm
or
http://www.bls.gov/news.release/pdf/cewbd.pdf
[full-text, 21 pages]


From June 2008 to September 2008, the number of job gains from opening
and expanding private sector establishments was 6.8 million, and the
number of job losses from closing and contracting establishments was
7.8 million, according to data released today by the Bureau of Labor
Statistics of the U.S. Department of Labor.  (See tables A, 1 and 3.)
Over this period, gross job losses exceeded gross job gains in all
but three industry sectors: natural resources and mining, utilities,
and education and health services.  (See tables B and 3.)


 --------------------------------------------------------------------
|          Additions to Business Employment Dynamics Data            |
|                                                                    |
|    Two new sets of Business Employment Dynamics (BED) data series  |
|are coming available with the release of third quarter 2008 data.   |
|New national series on total private sector births and deaths       |
|(number of establishments and employment) are included as a regular |
|feature of the news release. (See Table 7.)  New national series on |
|births and deaths by major industry sector are available at         |
| www.bls.gov/bdm/bdmind.htm, and new State series on total private   |
|sector births and deaths are at www.bls.gov/bdm/bdmstate.htm.      |
|    The other new BED series coming available is annual data, which |
|measure gross job gains and losses by comparing establishment       |
|employment for a month to establishment employment for the same     |
|month one year later.  Annual BED data are at                       |
| www.bls.gov/bdm/bdmann.htm and will be updated once a year with the |
|release of first quarter data.                                      |
 --------------------------------------------------------------------

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                  
****************************************






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