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Gross job gains exceed gross job losses by 916,000 in second quarter of 2014

February 02, 2015

From March to June 2014, the net employment gain in private industry was 916,000; gross job gains were 7.4 million, and gross job losses totaled 6.5 million. Gross job gains outnumbered gross job losses in every private industry except utilities. Utilities had a net employment loss of 1,000 jobs.

Private sector gross job gains and losses by industry, seasonally adjusted, second quarter 2014
Industry Gross job gains Gross job losses Net employment change

Total private

7,438,000 -6,522,000 916,000

Professional and business services

1,438,000 -1,236,000 202,000

Leisure and hospitality

1,275,000 -1,162,000 113,000

Retail trade

969,000 -827,000 142,000

Education and health services

882,000 -836,000 46,000

Construction

692,000 -597,000 95,000

Manufacturing

437,000 -365,000 72,000

Financial activities

374,000 -333,000 41,000

Other services

302,000 -268,000 34,000

Wholesale trade

284,000 -248,000 36,000

Natural resources and mining

281,000 -271,000 10,000

Transportation and warehousing

244,000 -206,000 38,000

Information

141,000 -133,000 8,000

Utilities

12,000 -13,000 -1,000

The professional and business services industry had a net increase of 202,000 jobs in the second quarter of 2014. Construction experienced its largest net change—a gain of 95,000 jobs—since the first quarter of 2006.

These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Second Quarter 2014" (HTML) (PDF). Net employment change is the difference between the number of gross job gains and gross job losses.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains exceed gross job losses by 916,000 in second quarter of 2014 on the Internet at https://www.bls.gov/opub/ted/2015/gross-job-gains-exceed-gross-job-losses-by-916000-in-second-quarter-of-2014.htm (visited November 22, 2019).

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