Gross job gains and losses in the first quarter of 2009
November 23, 2009
In the first quarter of 2009, the difference between the number of gross jobs gained and the number of gross jobs lost yielded a net loss of 2,740,000 jobs in the private sector. This is the largest quarterly net loss since this data series began in 1992.
The number of job gains from opening and expanding private sector establishments was 5.7 million in the first quarter of 2009, the lowest level since the series began.
- Opening establishments gained 1.1 million jobs, a decrease from the previous quarter when opening establishments gained 1.4 million jobs.
- Expanding establishments gained 4.6 million jobs, a sharp decrease from the previous quarter when expanding establishments gained 5.4 million jobs.
The number of job losses from closing and contracting establishments was 8.5 million in the first quarter of 2009.
- Contracting establishments lost 7.0 million jobs, an increase of 7,000 jobs compared to the previous quarter.
- Closing establishments lost 1.4 million jobs, a decrease of 60,000 jobs compared to the previous quarter.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains and losses in the first quarter of 2009 on the Internet at http://www.bls.gov/opub/ted/2009/ted_20091123.htm (visited May 27, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.