Oregon Labor Market Information System
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Oregon Business Employment Dynamics: Second Quarter, 2012
by Phoebe Colman
Published Apr-23-2013

 
In the second quarter of 2012, seasonally adjusted gross job gains in Oregon's private sector increased slightly from 92,985 to 93,491. This moderate increase was partially offset by gross job losses, which rose from 87,056 in the first quarter of 2012 to 88,921 in the second quarter. The result of these changes was a seasonally adjusted net gain of 4,570 jobs. While the second quarter 2012 net job gain is lower than the prior quarter, it is significantly stronger than the second quarter 2011 net gain of 2,641 jobs.

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.

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