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BLS: Business Employment Dynamics Summary

Business Employment Dynamics Summary, Fourth Quarter 2009: “From September to December 2009 the number of gross job gains from opening and expanding private sector establishments increased to 6.6 million, the U.S. Bureau of Labor Statistics reported today. Over this period, gross job losses from closing and contracting private sector establishments were 6.8 million. Job losses have steadily decreased from a recent high of 8.5 million in December 2008 to their lowest level since June 1994. Firms of all sizes experienced continued net job losses in the fourth quarter of 2009. Firms with 1 to 49 employees accounted for 61.8 percent of all net losses.”

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