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Business Employment Dynamics – Third Quarter 2024

Excerpt:  “From June 2024 to September 2024, gross job losses from closing and contracting private-sector establishments were 7.6 million, a decrease of 131,000 jobs from the previous quarter, the U.S. Bureau of Labor Statistics reported today. Over this period, gross job gains from opening and expanding private-sector establishments were 7.6 million, an increase of 31,000 jobs from the previous quarter. (See chart 1, and tables A and 1.).”