Friday, July 30, 2021

The Economics Daily

Bureau of Labor Statistics
The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2021/gross-job-gains-exceeded-gross-job-losses-in-all-13-major-industries-in-the-fourth-quarter-of-2020.htm. Highlights are below.

Gross job gains exceeded gross job losses in all 13 major industries in the fourth quarter of 2020

07/30/2021

From September 2020 to December 2020, gross job gains from opening and expanding private-sector establishments were 8.8 million, while gross job losses from closing and contracting private-sector establishments were 6.7 million over this period. The difference between the number of gross job gains and the number of gross job losses resulted in a net employment gain of 2.0 million jobs in the private sector during the fourth quarter of 2020.

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