Quarterly Data Series on Business Employment Dynamics News Release - 2025 Q01 Results — 2025-12-17

From December 2024 to March 2025, gross job gains from opening and expanding private-sector establishments were 7.4 million, a decrease of 354,000 jobs from the previous quarter, the U.S. Bureau of Labor Statistics reported today. Over this period, gross job losses from closing and contracting private-sector establishments were 7.2 million, a decrease of 258,000 jobs from the previous quarter. (See tables A and 1.) The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all private businesses in the economy. Business Employment Dynamics (BED) statistics track these changes in employment at private-sector establishments from the third month of one quarter to the third month of the next. The difference between the number of gross job gains and the number of gross job losses is the net change in employment.