Quarterly Data Series on Business Employment Dynamics News Release — 2017-01-25

(Note: This release was reissued on March 23, 2017, to correct a the written analysis about firm size data and to correct data in tables 4 and 5.) From March 2016 to June 2016, gross job gains from opening and expanding private-sector establishments were 7.5 million, an increase of 486,000 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, an increase of 373,000 jobs from the previous quarter. (See tables A, 1, and 3.) The difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 307,000 jobs in the private-sector during the second quarter of 2016.