Business Employment Dynamics

Business Employment Dynamic’s is a cooperative program involving the Bureau of Labor Statistics of the U.S Department of Labor and the Idaho Department of Labor. Business Employment Dynamic’s are quarterly set of data series generated from the Quarterly Census of Employment and Wages. Data series contain set of statistics on gross job gains and gross job losses on national and state level for the entire economy from 1992 forward.

Longitudinal database of Business Employment Dynamics data is valuable in assessing the business cycle, and the level of labor market volatility. In addition, these data will highlight the importance of job changes at opening and closing establishments relative to changes in existing establishments.

Business Employment Dynamics data helps economists, policy makers, and the business communities to develop a more complete understanding of employment dynamics over the business cycle. For additional information about Business Employment Dynamics click here.

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Idaho And National Data Analysis: Fourth Quarter 2008

Idaho suffered a net loss of 10,700 private sector jobs during the fourth quarter of 2008 on a seasonally adjusted basis, pushing total net job loss for 2008 over 27,400. These four quarters of consecutive job loss matched the economic experience during the 2001 recession, but the job loss in the current recession through 2008 was substantially greater than 2001’s just over 14,000, according to the Business Employment Dynamics program of the U.S. Bureau of Labor Statistics.