Job Gains & Losses

Business Employment Dynamics (BED)

Idaho Job Gains & Losses: 2Q 2020 Updated 2/19/21

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

March 2010 - June 2020

Total Private

Idaho's Business Employment Dynamics: Second Quarter 2020

During the second quarter of 2020, gross job losses exceeded gross job gains and yielded a net employment loss of 31,213 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 March 2020 to June 2020, gross job gains from Idaho’s expanding and opening private sector establishments totaled 40,422. This amounted to a decrease in jobs gained from the previous quarter of 8,659. Over this same time-period, gross job losses from contracting and closing private sector establishments totaled 71,635; this amounted to an increase from the previous quarter of 31,738.

During this same period, Idaho experienced a net establishment decrease of 259.

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

Updated 2/19/2021

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.