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.