2005 Firm Size Class Quarterly Data — 2005-12-08

New data on Business Employment Dynamics (BED) by firm size were introduced today by the Bureau of Labor Statistics of the U.S. Depart- ment of Labor. These data show how large firms, small firms, or both are creating or losing jobs in the economy. These new data detail nine different size classes in the private sector spanning September 1992 to March 2005, and include measures of gross job gains, gross job losses, and net employment change. They can be used to examine employment trends for different firm-size classes on a relatively current basis or for selected time periods of particular interest, such as over-the-year changes or for different points in the business cycle. This release presents a brief a- nalysis of the data over the full time series, during the 2001 recession, and for the first quarter of 2005, the most recently available quarter.