Job Gains and Losses

Business Employment Dynamics (BED)

BED data is a product of a federal-state cooperative program known as the Quarterly Census of Employment and Wages (QCEW).

BED data measures the net change in employment from 1992 forward. It highlights 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, visit the U.S. Bureau of Labor Statistics BED. You can also create your own customized tables.

Idaho BED: Fourth quarter 2024

Gross job losses exceeded gross job gains and yielded a net employment gain of 9,570 jobs in Idaho during the fourth quarter of 2024, according to preliminary BED data released by the Idaho Department of Labor and the U.S. Department of Labor.

New establishments and existing business expansions made up 59,977 gross job gains in the private sector from September to December 2024, up 7,567 jobs from the previous quarter. Gross job losses over the same timeframe from contracting and closing private sector establishments totaled 50,407, an increase of 5,029 job losses from the prior quarter.

Idaho experienced a net establishment increase of 2,699 during this same period.

For more information visit bls.gov/bdm/bdmstate.htm.

09/03/25