Business Employment Dynamics (BED)
data track the expansion and contraction of employment for private businesses. These employment changes - gross job gains (expansions and openings) and gross job losses (reductions and closures) - are components of the net change in employment at the establishment level.
In California, from March 2010 through June 2010, the seasonally adjusted number of job gains from opening and expanding private sector establishments was 877,920, and the number of job losses from closing and contracting establishments was 775,156, according to data released on February 1, 2011 by the Bureau of Labor Statistics of the U.S. Department of Labor. Over this period, gross job gains exceeded gross job losses by 102,764.
Data from the third quarter of 1992 through the first quarter of 2010 are now available on the LaborMarketInfo Web site at Business Employment Dynamics (BED)
. Additionally, please note that data released for first quarter 2010 incorporate annual revisions to the BED series. Annual revisions are published each year with the release of first quarter data. These revisions cover the last four quarters of not seasonally adjusted data and 5 years of seasonally adjusted data.
Technical information on Business Employment Dynamics (http://www.bls.gov/bdm/
) as well as data for other states are available from the U.S. Department of Labor Web site.