US Private Sector Gained 332,000 Jobs in Q2 2023
Job gain was 8.1 million when compared to 723,000 jobs lost
The U.S. private sector saw a net gain of 332,000 jobs in the second quarter of 2023, the Bureau of Labor Statistics has said.
Opening and expanding private-sector establishments saw an increase of 8.1 million jobs in the March-June quarter which marked job growth of 79,000 from the previous quarter, the BLS press release said.
In the same quarter, closing and contracting private sector firms witnessed job loss of 7.8 million, which was an increase of 723,000 jobs from the previous quarter, the BLS website said.
From March 2023 to June 2023, gross job gains from opening and expanding private-sector establishments were 8.1 million, an increase of 79,000 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 7.8 million, an increase of 723,000 jobs from the previous quarter.
