August 04, 2004
From September to December 2003, the number of job gains from opening and expanding establishments in the private sector was 7.6 million, and the number of job losses from closing and contracting establishments was 7.3 million.
Over the quarter, expanding establishments added 6.1 million jobs, while opening establishments added 1.6 million. Contracting establishments lost 5.8 million jobs, while closing establishments accounted for a loss of 1.5 million jobs.
These data are from Business Employment Dynamics. Data presented here are for workers in private industry covered by State unemployment insurance programs. Find more in "Business Employment Dynamics: Fourth Quarter 2003" (PDF) (TXT), news release USDL 04–1458.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Gross job gains and losses in the fourth quarter, 2003 on the Internet at http://www.bls.gov/opub/ted/2004/aug/wk1/art03.htm (visited September 30, 2014).
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