Analysis

Gross Job Gains Exceed Gross Job Losses for a Sixth Straight Quarter

Washington, DC—(ENEWSPF)—May 1, 2012.  From June to September 2011 gross job gains from opening and expanding private sector establishments were 7.1 million, an increase of 166,000 jobs from the previous quarter, the U.S. Bureau of Labor Statistics reported today.  Over this period, gross job losses from closing and contracting private sector establishments were 6.3 million, a decrease of 9,000 jobs from the previous quarter.

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