| 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.
The Connecticut Business Employment Dynamics data are prepared and published by the Office of Research at
the Connecticut Department of Labor as part of a federal-state cooperative program with the U.S. Bureau of
Labor Statistics known as the Quarterly Census of Employment and Wages (QCEW). The BED data are derived from
state and federal unemployment insurance records that most employers are required to file. These records are
linked across quarters to provide a longitudinal history for each establishment. The linkage process provides
time series data on jobs added and eliminated which, when aggregated, reveal the trends and cycles of job
flows by industry, size of establishment and geography. Data in the Business Employment Dynamics is updated each quarter. |
