Job Gains & Losses

Business Employment Dynamics (BED)

Idaho Job Gains & Losses: 1Q 2020 Updated 11/17/20

Components of private sector gross job gains and job losses, seasonally adjusted

March 2010 - March 2020

Total Private

Idaho's Business Employment Dynamics: First Quarter 2020

During the first quarter of 2020, gross job gains exceeded gross job losses and yielded a net employment gain of 9,184 jobs in Idaho, according to preliminary Business Employment Dynamics data released by the Idaho Department of Labor and the Bureau of Labor Statistics of the U.S. Department of Labor.

From December 2019 to March 2020, gross job gains from Idaho’s expanding and opening private sector establishments totaled 49,081. This amounted to no increase or decrease in jobs gained from the previous quarter. Over this same time-period, gross job losses from contracting and closing private sector establishments totaled 39,897, this also amounted to no increase or decrease from the previous quarter.

During this same period, Idaho experienced a net establishment increase of 951.

For additional information visit https://www.bls.gov/bdm/bdmstate.htm.

Updated 11/17/2020

What is the Business Employment Dynamics program?

The Business Employment Dynamics (BED) data are a product of a federal-state cooperative program known as Quarterly Census of Employment & Wages (QCEW).

BED data measure the net change in employment from 1992 forward; highlighting the number and rates of gross jobs gained at opening and expanding establishments as well as the number and rates of gross jobs lost by closing and contracting establishments.

For additional information about Business Employment Dynamics click here.