Jobs added and lost 2023

Employers create and eliminate thousands of jobs every year. When the Vermont Department of Labor reports the monthly or annual change in jobs, that is the net number: total jobs added minus total jobs lost. Net job growth is an important indicator, but the gross numbers provide additional insight into the pace at which employers create jobs; the source of new jobs, whether existing businesses or startups; and the number of jobs lost as a result of business closures.