The U.S. Bureau of Labor Statistics Reported a One Million Gross Job Decrease During the First Quarter of 2022
During the first quarter of 2022, from December 2021 to March 2022, gross job gains from opening and expanding private establishments equated to 8.4 million which is 1.1 million less that the previous quarter. Gross job losses from closing and contracting private establishments were 6.9 million, which is 205,000 more than last quarter.