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Posted November 16, 2012 by

Economy Gained 814,000 Jobs in 1st Quarter 2012

Bureau of Labor StatisticsFrom December 2011 to March 2012 gross job gains from opening and expanding private sector establishments were 6.9 million, an increase of 26,000 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 6.1 million, a decrease of 399,000 from the previous quarter.

The difference between the number of gross job gains and the number of gross job losses yielded a net employment change of 814,000 jobs in the private sector during the first quarter of 2012. (more…)

Posted May 01, 2012 by

753,000 Job Gains in 3rd Quarter 2011 Largest Since 2006

From June to September 2011 gross job gains from opening and expanding
private sector establishments were 7.1 million, an increase of 166,000
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 6.3 million, a decrease
of 9,000 jobs from the previous quarter.

The difference between the number of gross job gains and gross job
losses yielded a net employment change of 753,000 jobs in the private
sector during the third quarter of 2011. This is the largest net job
gain since the first quarter of 2006.
(more…)