IWS Documented News DAILY POSTINGS

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
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BUSINESS EMPLOYMENT DYNAMICS:  FIRST QUARTER 2011 [17 November 2011]

http://www.bls.gov/news.release/cewbd.nr0.htm

or

http://www.bls.gov/news.release/pdf/cewbd.pdf

[full-text, 17 pages]

and

Supplemental Files Table of Contents

http://www.bls.gov/web/cewbd.supp.toc.htm

From December 2010 to March 2011 the number of gross job gains from

opening and expanding private sector establishments was 6.3 million,

a decrease of 671,000 jobs compared to the previous quarter, the U.S.

Bureau of Labor Statistics reported today. Over the same period,

gross job losses from closing and contracting private sector

establishments fell to 6.1 million, the lowest level since this

series began in September 1992.

Firms of all sizes experienced a decrease in gross job gains in the

first quarter of 2011. Firms with less than 250 employees had the

largest contribution to employment growth.

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. Business Employment Dynamics (BED) statistics track

these changes in employment at private 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 employment from expansions at existing

units and the addition of new jobs at opening units. Gross job losses

are the result of contractions in employment at existing units and the

loss of jobs at closing units. 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 for more information.)

The BED data series include gross job gains and gross job losses at the

establishment level by industry subsector and 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.

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|       Changes to Business Employment Dynamics (BED) Data          |

| Data in this release incorporate annual revisions to the BED      |

| series.  Annual revisions are published each year with the release|

| of first quarter data.  These revisions cover the last four       |

| quarters of not seasonally adjusted data and 5 years of seasonally|

| adjusted data.                                                    |

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AND MUCH MORE...including TABLES....

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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.

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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) 262-6041               
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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