Wednesday, May 14, 2025

The Economics Daily

Bureau of Labor Statistics
The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2025/job-losses-7-6-million-job-gains-7-6-million-during-third-quarter-2024.htm. Highlights are below.

Job losses 7.6 million, job gains 7.6 million, during third quarter 2024

05/14/2025

From June 2024 to September 2024, gross job losses from closing and contracting private-sector establishments were 7.6 million, a decrease of 131,000 jobs from the previous quarter. Gross job gains from opening and expanding private-sector establishments were also 7.6 million, an increase of 31,000 jobs from the previous quarter. Gross job losses and gross job gains each represented 5.8 percent of total private-sector employment in third quarter 2024.

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