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Gross job gains exceed gross job losses by 476,000 in second quarter of 2017

January 30, 2018

The service-providing industries experienced a net job increase of 359,000 jobs in the second quarter of 2017. Within service-providing industries, professional and business services had the largest over-the-quarter net job increase, with a gain of 106,000 jobs.

Private sector gross job gains and losses by industry, seasonally adjusted, second quarter 2017
Industry Gross job gains Gross job losses Net employment change

Total private

7,604,000 7,128,000 476,000

Professional and business services

1,437,000 1,331,000 106,000

Education and health services

983,000 901,000 82,000

Manufacturing

444,000 385,000 59,000

Financial activities

390,000 343,000 47,000

Construction

680,000 634,000 46,000

Wholesale trade

282,000 246,000 36,000

Other services

306,000 281,000 25,000

Transportation and warehousing

266,000 253,000 13,000

Natural resources and mining

270,000 258,000 12,000

Leisure and hospitality

1,333,000 1,324,000 9,000

Utilities

12,000 13,000 -1,000

Retail trade

920,000 924,000 -4,000

Information

157,000 191,000 -34,000

The net job increase in professional and business services in the second quarter of 2017 was the result of 1.4 million gross job gains and 1.3 million gross job losses. The information industry had the largest net job decrease over the quarter, with a loss of 34,000 jobs.

The goods-producing industries experienced a net job increase of 117,000 jobs in the second quarter of 2017. Of the goods-producing industries, manufacturing added 59,000 jobs, construction added 46,000 jobs, and natural resources and mining added 12,000 jobs.

These data are from the Business Employment Dynamics program. To learn more, see "Business Employment Dynamics — Second Quarter 2017" (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 476,000 in second quarter of 2017 on the Internet at https://www.bls.gov/opub/ted/2018/gross-job-gains-exceed-gross-job-losses-by-476000-in-second-quarter-of-2017.htm (visited November 15, 2019).

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