BED data further show that Oregon's second quarter job growth occurred in spite of a net loss of 166 business establishments. This loss was the result of both a decrease in the number of opening establishments and an increase in closing establishments - a reversal of trends seen in the first quarter. The good news is that the number of expanding establishments increased from 22,601 to 23,937 over the same period, while the number of contracting establishments dropped to 21,353, a decrease of 1,130 establishments.
On average, expanding establishments added 3.3 jobs per establishment in the second quarter while contracting establishments lost an average of 3.4 jobs. Establishments that opened during the second quarter started with an average of 2.8 employees, while closing establishments lost an average of 3.1 employees per establishment.
Data on the quarterly gross job gains and losses come from the Business Employment Dynamics program at the U.S. Bureau of Labor Statistics. A more detailed Business Employment Dynamics Report is available at www.QualityInfo.org on the Publications page in the News box.