BLS - U.S. Bureau of Labor Statistics

05/08/2026 | Press release | Distributed by Public on 05/08/2026 09:18

Business Employment Dynamics in New York — Third Quarter 2025

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26-713-BOS
Friday, May 08, 2026

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Business Employment Dynamics in New York - Third Quarter 2025

From June 2025 to September 2025, gross job gains from opening and expanding private-sector establishments in New York were 489,252, while gross job losses from closing and contracting private-sector establishments were 482,473, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Mark J. Maggi noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 6,779 jobs in the private sector during the third quarter of 2025. (See table 1.) During the previous quarter, gross job losses exceeded gross job gains by 89,532. (See chart 1.)

View Chart Data
Chart 1. Private-sector gross job gains and losses in New York, September 2020-September 2025, seasonally adjusted
Period Gross job gains Gross job losses

Sep 2020

920,671 401,661

Dec 2020

528,742 450,875

Mar 2021

506,574 398,688

Jun 2021

518,072 421,947

Sep 2021

563,148 439,474

Dec 2021

592,878 414,537

Mar 2022

527,251 417,168

Jun 2022

561,208 478,493

Sep 2022

528,430 469,562

Dec 2022

476,724 476,200

Mar 2023

522,550 416,842

Jun 2023

507,986 470,249

Sep 2023

473,617 487,693

Dec 2023

461,621 459,244

Mar 2024

492,263 408,590

Jun 2024

479,811 458,265

Sep 2024

474,063 471,701

Dec 2024

463,032 455,330

Mar 2025

547,829 415,859

Jun 2025

494,678 584,210

Sep 2025

489,252 482,473

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all private businesses in the economy. Business Employment Dynamics (BED) statistics track these changes in employment at private-sector establishments from the third month of one quarter to the third month of the next. The difference between the number of gross job gains and the number of gross job losses is the net change in employment. (See the Business Employment Dynamics Technical Note.)

Gross job gains

In the third quarter of 2025, gross job gains represented 5.9 percent of private-sector employment in New York; nationally, gross job gains accounted for 5.6 percent of private-sector employment. (See chart 2.) Gross job gains are the sum of increases in employment due to expansions at existing establishments and the addition of new jobs at opening establishments. In New York, gross job gains at expanding establishments totaled 365,232 in the third quarter of 2025, a decrease of 50,403 jobs compared to the previous quarter. Opening establishments accounted for 124,020 jobs gained in the third quarter of 2025, an increase of 44,977 jobs from the previous quarter.

View Chart Data
Chart 2. Private-sector gross job gains as a percent of employment, United States and New York, September 2020-September 2025, seasonally adjusted
Period New York United States

Sep 2020

13.3 9.4

Dec 2020

7.4 7.4

Mar 2021

7.0 7.0

Jun 2021

7.1 6.8

Sep 2021

7.5 7.3

Dec 2021

7.7 7.7

Mar 2022

6.8 6.7

Jun 2022

7.1 6.5

Sep 2022

6.6 6.9

Dec 2022

6.0 6.3

Mar 2023

6.5 6.3

Jun 2023

6.2 6.2

Sep 2023

5.8 5.9

Dec 2023

5.7 6.0

Mar 2024

6.0 5.9

Jun 2024

5.8 5.8

Sep 2024

5.7 5.8

Dec 2024

5.7 5.9

Mar 2025

6.6 5.6

Jun 2025

5.9 5.7

Sep 2025

5.9 5.6
Gross job losses

In the third quarter of 2025, gross job losses represented 5.8 percent of private-sector employment in New York; nationally, gross job losses accounted for 5.7 percent of private-sector employment. (See chart 3.) Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. In New York, contracting establishments lost 373,345 jobs in the third quarter of 2025, a decrease of 63,123 jobs from the prior quarter. Closing establishments lost 109,128 jobs, a decrease of 38,614 jobs from the previous quarter.

View Chart Data
Chart 3. Private-sector gross job losses as a percent of employment, United States and New York, September 2020-September 2025, seasonally adjusted
Period New York United States

Sep 2020

5.9 5.9

Dec 2020

6.3 5.7

Mar 2021

5.4 5.5

Jun 2021

5.7 5.9

Sep 2021

5.8 6.0

Dec 2021

5.4 5.4

Mar 2022

5.4 5.5

Jun 2022

6.1 6.2

Sep 2022

5.9 5.9

Dec 2022

6.0 5.9

Mar 2023

5.2 5.5

Jun 2023

5.8 5.9

Sep 2023

6.0 5.9

Dec 2023

5.6 5.7

Mar 2024

5.0 5.5

Jun 2024

5.5 5.9

Sep 2024

5.8 5.8

Dec 2024

5.5 5.7

Mar 2025

5.0 5.4

Jun 2025

7.0 6.0

Sep 2025

5.8 5.7
Industries

Gross job gains exceeded gross job losses in 3 of the 11 published industry sectors in New York in the third quarter of 2025. Education and health services had the largest over-the-quarter net job increase, with a gain of 10,030 jobs. This was the result of 90,352 gross job gains and 80,322 gross job losses. Professional and business services showed a net loss of 7,765 jobs, the largest loss of any sector in the state. New York's leisure and hospitality industry sector had a net loss of 7,564 jobs.

For more information

The BED data series include gross job gains and gross job losses by industry subsector, for the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands, as well as gross job gains and gross job losses at the firm level by employer size class. BED data for the states have been included in table 2 of this release. Additional information is available online at the Business Employment Dynamics homepage and the Business Employment Dynamics Summary.

The Business Employment Dynamics for Fourth Quarter 2025 are scheduled to be released on Wednesday, July 29, 2026, at 10:00 a.m. (ET).


Technical Note

The Business Employment Dynamics (BED) data are a product of a federal-state cooperative program known as Quarterly Census of Employment and Wages (QCEW). The BED data are compiled by the U.S. Bureau of Labor Statistics (BLS) from existing QCEW records.

More information on formal definitions of the data used in this release, along with coverage, concepts, and methodology, can be found in the Business Employment Dynamics Technical Note.

If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Table 1. Private-sector gross job gains and losses by industry, New York, seasonally adjusted
Category Gross job gains and losses
(3 months ended) 		Gross job gains and losses
as a percent of employment
(3 months ended)
Sept.
2024 		Dec.
2024 		Mar.
2025 		June
2025 		Sept.
2025 		Sept.
2024 		Dec.
2024 		Mar.
2025 		June
2025 		Sept.
2025

Total private (1)

Gross job gains

474,063 463,032 547,829 494,678 489,252 5.7 5.7 6.6 5.9 5.9

At expanding establishments

380,081 367,546 373,021 415,635 365,232 4.6 4.5 4.5 5.0 4.4

At opening establishments

93,982 95,486 174,808 79,043 124,020 1.1 1.2 2.1 0.9 1.5

Gross job losses

471,701 455,330 415,859 584,210 482,473 5.8 5.5 5.0 7.0 5.8

At contracting establishments

367,404 353,517 341,941 436,468 373,345 4.5 4.3 4.1 5.2 4.5

At closing establishments

104,297 101,813 73,918 147,742 109,128 1.3 1.2 0.9 1.8 1.3

Net employment change (2)

2,362 7,702 131,970 -89,532 6,779 -0.1 0.2 1.6 -1.1 0.1

Construction

Gross job gains

35,559 34,141 37,260 32,140 33,288 9.2 8.9 9.5 8.2 8.8

At expanding establishments

26,629 26,132 29,266 27,223 24,601 6.9 6.8 7.5 6.9 6.5

At opening establishments

8,930 8,009 7,994 4,917 8,687 2.3 2.1 2.0 1.3 2.3

Gross job losses

40,654 38,521 28,038 46,265 39,254 10.6 10.1 7.1 11.8 10.4

At contracting establishments

29,855 28,491 22,416 32,267 28,631 7.8 7.5 5.7 8.2 7.6

At closing establishments

10,799 10,030 5,622 13,998 10,623 2.8 2.6 1.4 3.6 2.8

Net employment change (2)

-5,095 -4,380 9,222 -14,125 -5,966 -1.4 -1.2 2.4 -3.6 -1.6

Manufacturing

Gross job gains

13,080 13,413 12,470 13,356 11,709 3.2 3.3 3.0 3.3 2.9

At expanding establishments

11,159 11,711 10,649 11,873 9,626 2.7 2.9 2.6 2.9 2.4

At opening establishments

1,921 1,702 1,821 1,483 2,083 0.5 0.4 0.4 0.4 0.5

Gross job losses

17,239 16,077 15,159 17,391 16,614 4.1 3.9 3.8 4.3 4.2

At contracting establishments

14,589 13,482 12,862 14,213 13,819 3.5 3.3 3.2 3.5 3.5

At closing establishments

2,650 2,595 2,297 3,178 2,795 0.6 0.6 0.6 0.8 0.7

Net employment change (2)

-4,159 -2,664 -2,689 -4,035 -4,905 -0.9 -0.6 -0.8 -1.0 -1.3

Wholesale trade

Gross job gains

13,127 11,715 12,719 11,063 11,692 4.2 3.8 4.1 3.6 3.9

At expanding establishments

10,871 9,212 10,495 9,634 9,353 3.5 3.0 3.4 3.1 3.1

At opening establishments

2,256 2,503 2,224 1,429 2,339 0.7 0.8 0.7 0.5 0.8

Gross job losses

15,284 14,174 11,631 16,316 13,503 4.9 4.6 3.7 5.3 4.4

At contracting establishments

10,844 10,991 9,092 10,987 10,492 3.5 3.6 2.9 3.6 3.4

At closing establishments

4,440 3,183 2,539 5,329 3,011 1.4 1.0 0.8 1.7 1.0

Net employment change (2)

-2,157 -2,459 1,088 -5,253 -1,811 -0.7 -0.8 0.4 -1.7 -0.5

Retail trade

Gross job gains

47,415 40,958 51,035 43,313 47,263 5.6 5.0 6.2 5.2 5.7

At expanding establishments

40,560 34,705 45,472 38,686 39,894 4.8 4.2 5.5 4.6 4.8

At opening establishments

6,855 6,253 5,563 4,627 7,369 0.8 0.8 0.7 0.6 0.9

Gross job losses

50,594 50,007 37,995 59,623 51,079 6.0 6.0 4.6 7.1 6.1

At contracting establishments

41,943 41,503 32,145 48,053 40,131 5.0 5.0 3.9 5.7 4.8

At closing establishments

8,651 8,504 5,850 11,570 10,948 1.0 1.0 0.7 1.4 1.3

Net employment change (2)

-3,179 -9,049 13,040 -16,310 -3,816 -0.4 -1.0 1.6 -1.9 -0.4

Transportation and warehousing

Gross job gains

16,028 20,927 90,175 17,431 17,624 5.5 7.1 26.5 4.7 4.7

At expanding establishments

14,092 18,877 9,053 16,468 14,968 4.8 6.4 2.7 4.4 4.0

At opening establishments

1,936 2,050 81,122 963 2,656 0.7 0.7 23.8 0.3 0.7

Gross job losses

11,920 14,675 19,680 17,129 14,778 4.1 4.9 5.8 4.5 3.9

At contracting establishments

9,632 11,876 18,074 13,406 12,212 3.3 4.0 5.3 3.5 3.2

At closing establishments

2,288 2,799 1,606 3,723 2,566 0.8 0.9 0.5 1.0 0.7

Net employment change (2)

4,108 6,252 70,495 302 2,846 1.4 2.2 20.7 0.2 0.8

Information

Gross job gains

13,194 12,932 10,635 11,889 17,745 4.7 4.7 3.9 4.4 6.6

At expanding establishments

10,954 10,384 8,568 10,078 13,721 3.9 3.8 3.1 3.7 5.1

At opening establishments

2,240 2,548 2,067 1,811 4,024 0.8 0.9 0.8 0.7 1.5

Gross job losses

14,053 15,981 11,318 17,796 14,429 5.0 5.8 4.1 6.6 5.4

At contracting establishments

11,196 12,415 9,319 12,874 11,578 4.0 4.5 3.4 4.8 4.3

At closing establishments

2,857 3,566 1,999 4,922 2,851 1.0 1.3 0.7 1.8 1.1

Net employment change (2)

-859 -3,049 -683 -5,907 3,316 -0.3 -1.1 -0.2 -2.2 1.2

Financial activities

Gross job gains

29,359 26,215 29,090 28,190 29,619 4.0 3.5 3.9 3.8 4.0

At expanding establishments

24,353 20,781 23,932 24,252 23,529 3.3 2.8 3.2 3.3 3.2

At opening establishments

5,006 5,434 5,158 3,938 6,090 0.7 0.7 0.7 0.5 0.8

Gross job losses

31,628 27,631 23,810 30,040 31,975 4.3 3.8 3.2 4.0 4.4

At contracting establishments

25,482 20,245 19,039 21,005 24,872 3.5 2.8 2.6 2.8 3.4

At closing establishments

6,146 7,386 4,771 9,035 7,103 0.8 1.0 0.6 1.2 1.0

Net employment change (2)

-2,269 -1,416 5,280 -1,850 -2,356 -0.3 -0.3 0.7 -0.2 -0.4

Professional and business services

Gross job gains

78,328 78,938 77,924 79,548 84,325 5.6 5.7 5.5 5.7 6.1

At expanding establishments

61,799 62,318 59,135 68,380 60,584 4.4 4.5 4.2 4.9 4.4

At opening establishments

16,529 16,620 18,789 11,168 23,741 1.2 1.2 1.3 0.8 1.7

Gross job losses

87,433 87,497 73,132 93,319 92,090 6.3 6.2 5.3 6.7 6.6

At contracting establishments

66,814 64,678 59,318 65,822 68,342 4.8 4.6 4.3 4.7 4.9

At closing establishments

20,619 22,819 13,814 27,497 23,748 1.5 1.6 1.0 2.0 1.7

Net employment change (2)

-9,105 -8,559 4,792 -13,771 -7,765 -0.7 -0.5 0.2 -1.0 -0.5

Education and health services

Gross job gains

99,079 93,030 96,396 118,561 90,352 4.6 4.2 4.3 5.3 4.0

At expanding establishments

91,299 83,687 85,638 109,583 79,133 4.2 3.8 3.8 4.9 3.5

At opening establishments

7,780 9,343 10,758 8,978 11,219 0.4 0.4 0.5 0.4 0.5

Gross job losses

68,043 72,024 78,787 147,688 80,322 3.1 3.2 3.5 6.6 3.6

At contracting establishments

58,252 60,143 69,554 122,456 66,572 2.7 2.7 3.1 5.5 3.0

At closing establishments

9,791 11,881 9,233 25,232 13,750 0.4 0.5 0.4 1.1 0.6

Net employment change (2)

31,036 21,006 17,609 -29,127 10,030 1.5 1.0 0.8 -1.3 0.4

Leisure and hospitality

Gross job gains

87,426 83,372 76,713 85,688 82,114 9.4 9.0 8.2 9.2 8.9

At expanding establishments

63,363 64,835 62,461 70,355 63,880 6.8 7.0 6.7 7.6 6.9

At opening establishments

24,063 18,537 14,252 15,333 18,234 2.6 2.0 1.5 1.6 2.0

Gross job losses

96,442 81,423 82,271 93,689 89,678 10.4 8.7 8.8 10.0 9.7

At contracting establishments

74,971 65,536 66,958 69,986 71,518 8.1 7.0 7.2 7.5 7.7

At closing establishments

21,471 15,887 15,313 23,703 18,160 2.3 1.7 1.6 2.5 2.0

Net employment change (2)

-9,016 1,949 -5,558 -8,001 -7,564 -1.0 0.3 -0.6 -0.8 -0.8

Other services (3)

Gross job gains

22,908 21,959 22,658 22,811 20,197 7.0 6.7 7.1 7.1 6.3

At expanding establishments

17,597 16,657 16,995 18,728 15,414 5.4 5.1 5.3 5.8 4.8

At opening establishments

5,311 5,302 5,663 4,083 4,783 1.6 1.6 1.8 1.3 1.5

Gross job losses

24,207 23,243 20,488 24,558 23,520 7.5 7.2 6.4 7.6 7.3

At contracting establishments

17,837 17,824 15,758 16,900 17,949 5.5 5.5 4.9 5.2 5.6

At closing establishments

6,370 5,419 4,730 7,658 5,571 2.0 1.7 1.5 2.4 1.7

Net employment change (2)

-1,299 -1,284 2,170 -1,747 -3,323 -0.5 -0.5 0.7 -0.5 -1.0

Footnotes:
(1) Includes unclassified sector not shown separately.
(2) The net employment change is the difference between total gross job gains and total gross job losses.
(3) Except public administration.

Table 2. Private-sector gross job gains and losses as a percent of total employment by state, seasonally adjusted
Category Gross job gains as a percent of employment
(3 months ended) 		Gross job losses as a percent of employment
(3 months ended)
Sept.
2024 		Dec.
2024 		Mar.
2025 		June
2025 		Sept.
2025 		Sept.
2024 		Dec.
2024 		Mar.
2025 		June
2025 		Sept.
2025

United States(1)

5.8 5.9 5.6 5.7 5.6 5.8 5.7 5.4 6.0 5.7

Alabama

5.8 5.8 5.3 5.5 5.4 5.9 5.3 5.6 5.6 5.5

Alaska

8.0 10.3 10.0 9.9 7.5 9.6 9.5 8.1 10.3 10.0

Arizona

6.4 6.1 5.8 5.3 5.8 5.7 5.9 5.3 6.3 5.5

Arkansas

5.5 5.8 5.1 5.1 5.3 5.2 4.8 5.1 5.5 5.3

California

6.3 6.7 6.0 6.6 6.2 6.2 6.4 6.2 6.7 6.0

Colorado

6.3 6.2 6.2 6.4 6.5 6.4 6.5 6.8 7.1 6.5

Connecticut

5.5 5.5 5.6 5.8 5.3 5.6 5.5 5.3 5.8 5.9

Delaware

6.8 6.1 5.9 5.9 5.3 6.4 6.3 5.3 6.1 6.1

District of Columbia

4.9 5.0 4.8 5.7 4.6 5.0 5.5 5.8 5.9 5.9

Florida

6.5 6.0 5.8 5.7 5.9 5.7 6.2 5.5 5.8 6.0

Georgia

5.8 6.0 5.5 5.5 5.7 6.1 5.4 5.7 5.6 5.8

Hawaii

5.7 5.3 4.9 4.8 5.1 5.0 5.0 5.0 5.2 4.8

Idaho

7.1 8.2 7.3 7.7 6.7 7.5 6.8 7.3 7.2 7.6

Illinois

4.9 5.1 5.0 5.2 4.7 5.0 5.1 5.0 5.2 5.0

Indiana

5.3 5.5 5.4 5.0 5.1 5.3 5.1 5.2 5.6 5.1

Iowa

5.3 5.6 5.8 5.6 4.8 6.0 5.6 5.5 5.8 5.9

Kansas

5.3 5.9 5.5 5.4 5.8 5.6 5.2 5.4 6.3 5.8

Kentucky

5.4 5.3 5.2 5.0 5.3 5.4 5.5 4.8 5.4 5.6

Louisiana

6.1 6.2 5.6 5.5 5.9 5.8 5.5 5.6 6.3 6.0

Maine

6.2 7.0 7.4 7.2 6.2 7.1 7.1 6.3 7.4 7.0

Maryland

5.9 6.0 5.9 5.7 5.7 6.1 5.9 5.7 6.2 6.5

Massachusetts

5.0 5.3 5.0 5.5 5.3 5.8 5.5 5.1 5.8 5.9

Michigan

5.3 5.4 5.2 5.8 4.9 5.8 5.9 5.3 5.5 5.9

Minnesota

5.1 5.5 5.1 5.8 5.3 5.8 5.1 5.5 5.5 5.6

Mississippi

6.3 6.3 5.7 6.3 6.4 5.7 6.2 6.1 6.5 6.1

Missouri

5.6 5.7 5.4 5.5 5.6 5.8 5.3 5.2 6.1 5.9

Montana

7.2 8.4 8.0 7.7 7.0 8.0 7.8 7.5 8.3 7.9

Nebraska

5.6 5.6 5.2 5.4 5.5 5.6 5.5 5.3 5.5 5.8

Nevada

6.2 6.1 5.4 6.2 6.9 5.9 5.6 5.9 6.3 5.2

New Hampshire

5.6 6.3 6.5 6.3 5.6 6.7 5.9 6.1 6.7 6.8

New Jersey

5.4 6.0 5.6 5.8 5.3 5.8 5.5 5.4 5.5 5.8

New Mexico

6.3 6.1 5.9 5.9 5.8 6.2 5.9 5.8 6.0 6.2

New York

5.7 5.7 6.6 5.9 5.9 5.8 5.5 5.0 7.0 5.8

North Carolina

5.5 6.1 5.4 5.6 5.4 5.8 5.5 5.5 5.4 5.7

North Dakota

6.5 6.5 6.7 6.4 6.2 6.5 6.6 6.5 6.7 6.6

Ohio

5.2 5.4 5.2 5.3 5.1 5.4 5.1 4.9 5.4 5.3

Oklahoma

6.1 6.0 5.5 5.5 6.0 5.5 5.5 5.3 6.2 6.4

Oregon

6.3 6.2 5.8 6.4 5.7 6.6 6.6 6.2 6.5 6.7

Pennsylvania

5.1 5.2 5.0 4.9 5.0 5.0 4.8 4.7 5.2 5.2

Rhode Island

6.2 7.3 6.6 6.3 6.0 6.4 6.3 5.9 6.7 6.7

South Carolina

6.2 6.4 6.1 5.8 6.3 5.9 5.9 5.5 6.6 6.5

South Dakota

5.9 6.7 6.2 6.0 5.9 5.9 5.9 6.5 6.1 6.0

Tennessee

5.6 5.5 5.4 5.1 5.7 5.7 6.2 5.1 5.9 5.2

Texas

5.7 5.8 5.1 5.2 5.3 5.3 5.2 5.1 5.4 5.3

Utah

6.8 6.8 6.6 6.6 6.7 6.2 6.3 6.0 6.6 6.4

Vermont

6.6 6.7 6.9 6.9 6.6 7.1 6.7 6.8 7.5 7.8

Virginia

5.8 5.8 5.6 5.8 5.9 5.7 5.5 5.1 5.8 6.1

Washington

5.8 5.8 5.7 6.0 5.2 5.8 5.7 5.5 5.4 5.6

West Virginia

5.9 6.5 6.4 5.5 5.8 6.6 6.1 5.7 6.3 6.0

Wisconsin

5.1 5.3 5.0 5.3 4.9 5.5 5.2 4.9 5.5 5.6

Wyoming

8.9 8.9 8.1 8.3 7.7 8.5 8.3 8.7 8.9 8.4

Puerto Rico

5.4 4.3 6.3 7.0 5.4 5.0 5.4 5.4 6.1 5.7

Virgin Islands

4.7 5.2 5.4 15.0 7.1 7.5 10.8 7.6 9.5 8.4

Footnotes
(1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands.

BLS - U.S. Bureau of Labor Statistics published this content on May 08, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 08, 2026 at 15:18 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]