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Labor Market Information - Connecticut Business Employment Dynamics
 Connecticut Business Employment Dynamics Last Updated: July 25, 2018
Business Employment Dynamics (BED) data provide information on the gross number of jobs gained and lost at business establishments in Connecticut. They include estimates of the number of jobs added at opening and expanding establishments and of jobs eliminated at closing and contracting establishments. Also known as job flows, these data provide a fuller understanding of the labor market dynamics underlying net employment growth that unfold over time.
Current Version Business Employment Dynamics 4Q 2017 4Q 2017 Business Employment Dynamics  (pdf, 139K)  new
Business Employment Dynamics (BED) data published quarterly by the Bureau of Labor Statistics tracks employment change at the establishment level and reveals the underlying dynamics of net employment change. The data include gross employment change, business expansion/contraction, establishment birth/death, and is available at industry sector level.

From October 2017 to December 2017, gross job gains from opening and expanding private sector establishments in Connecticut was 75,860 a decrease of 6 jobs from the previous quarter. Over this period, gross job losses from closing and contracting private sector establishments was 73,737, a decrease of 7,923 jobs from the previous quarter.

The difference between gross job gains and gross job losses yielded a net employment gain of 2,123 jobs in the private sector during the fourth quarter of 2017. This follows a third quarter net loss of 5,794 jobs.

From 2004 to 2007, four quarter average net change was between 1,534 and 4,190 jobs. It fell precipitously to a series low of -15,445 jobs in 2009 and was up to 2,608 the following year. In 2017, four quarter average net change was 2,825 jobs. The prior two years were both below 200 jobs.

2017 Issues:

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