Home | Business News | Gross job gains decrease in 2011 Q1

Gross job gains decrease in 2011 Q1

ABJ - November 21 - From December 2010 to March of this year the number of gross job gains from opening and expanding private sector establishments was 6.3 million, a decrease of 671,000 jobs compared to the previous quarter, the U.S. Bureau of Labor Statistics reports.

Over the same period, gross job losses from closing and contracting private sector establishments fell to 6.1 million, the lowest level since this series began in September 1992.

Firms of all sizes experienced a decrease in gross job gains in the first quarter of 2011. Firms with less than 250 employees had the largest contribution to employment growth.

Job gains at expanding establishments fell to 5.2 million in first quarter 2011, a decrease from the previous quarter’s gain of 5.6 million.

Opening establishments gained 1.1 million jobs in first quarter 2011, a decrease from the previous quarter when opening establishments created 1.4 million jobs. This is the smallest number of jobs gained at opening establishments since the series began in September 1992.

Contracting establishments lost 5 million jobs in the first quarter of 2011. This is also the smallest number of jobs lost at contracting establishments since the series began in September 1992.

Business in Action

PetroChem

image
When it comes to ensuring plants and facilities comply with the safety regulations, PetroChem Inspection Services has got it covered. ...
Full article  | View Brochure

PEP

image
ABJ scoured the nation for success stories to share in our special section dedicated to Americans working hard during this ...
Full article

Burton

image
In a city famous for its bad rap, Detroit’s unemployment rate is at a roaring 50 percent and its economy ...
Full article

ACN

image
From a one product, one country start-up to a multi-service industry giant backed by the per­sonal endorsement of Donald Trump ...
Full article  | View Brochure

Clemson University

image
As one of the most established universities in the state, Clem­son University—among the top ranked institutes in the coun­try—has garnered ...
Full article  | View Brochure

Surgical Hospital

image
Munster, Indiana, located on the outskirts of Chicago is the home of Surgical Munster Hos­pital and its Calumet Surgical Centre. ...
Full article  | View Brochure

Meisel

image
Sport icon Wayne Gretzky once said: you miss 100 percent of the shots you don’t take. And that was exactly ...
Full article

Lincoln University of the Commonwealth of Pennsylvania

image
The story of Lincoln University of the Common­wealth of Pennsylvania goes back to the turn of the century, when two ...
Full article  | View Brochure

IBM

image
Science has made it possible to exploit alterna­tive power sources, so years from now, we can generate power that comes ...
Full article

Seagrave

image
The tradition of quality When things heat up in a fire situation, those on the front line of a rescue ...
Full article  | View Brochure

ITS

image
Young entrepreneur’s franchising company excels to top of the list There are many people who spend years af­ter college trying ...
Full article  | View Brochure

Holliston

image
When it comes to business success, don’t judge a book by its cover.  The nation’s oldest and largest manufacturer of ...
Full article  | View Brochure

ARES Inc.

image
When it comes to weapons technology, ARES Inc. has 30 years of expertise in high tech engineering, manufacturing and testing. ...
Full article  | View Brochure

Texas Refinery

image
If it ain’t broke, don’t fix it, as some would say. This motto reflects the overall approach that Texas Refinery ...
Full article  | View Brochure

Contemporary Services Corporation

image
Out of the three companies awarded security bids for the 2010 Olympic and Paralympic Games in Vancouver, ABJ caught up ...
Full article  | View Brochure
  • email Email this article
  • print Print
  • Plain text Plain text