Wednesday, January 28, 2015
Tweet[IWS] BLS: BUSINESS EMPLOYMENT DYNAMICS: SECOND QUARTER 2014 [28 January 2015]
IWS Documented News Service
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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: SECOND QUARTER 2014 [28 January 2015]
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 March 2014 to June 2014, gross job gains from opening and
expanding private sector establishments were 7.4 million, an increase
of 582,000 jobs from the previous quarter, the U.S. Bureau of Labor
Statistics reported today. Over this period, gross job losses from
closing and contracting private sector establishments were 6.5 million,
an increase of 63,000 jobs from the previous quarter.
(See tables A, 1, and 3.)
The difference between the number of gross job gains and the number of
gross job losses yielded a net employment gain of 916,000 jobs in the
private sector during the second quarter of 2014.
(See tables A, 1, and 3.)
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.)
AND MUCH MORE...including TABLES....
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