# Job destruction rate in Smith County

Job destruction rate in Smith County was 13.388% in 2023. Source: U.S. Census Bureau.

- Indicator id: `job_destruction_rate`
- Place id: `us-county-48423`
- Unit: %
- Definition: Jobs lost at closing and shrinking establishments during the year, as a percentage of average employment in the two years. United States: Census Bureau Business Dynamics Statistics.
- Note: A gross flow: jobs added elsewhere are not subtracted, so the net change is job_creation_rate minus this rate. Not a layoff rate: it counts positions lost at establishments, not people who lost a job. The year is the twelve months to March: 2023 compares March 2022 with March 2023.
- Source: U.S. Census Bureau, Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010 (https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv)
- Publisher page: https://invokely.ai/en/publishers/us-census-bureau
- Retrieved: 2026-10-12
- License: Public domain (US federal government work, citation requested)
- Citation: U.S. Census Bureau. Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-12.
- Web page: https://invokely.ai/en/job-destruction-rate/smith-county-texas
- API: https://invokely.ai/api/v1/series?indicator=job_destruction_rate&place=us-county-48423

| Period | % |
|---|---:|
| 2023 | 13.388 |
| 2022 | 10.374 |
| 2021 | 15.735 |
| 2020 | 10.832 |
| 2019 | 9.702 |
| 2018 | 11.551 |
| 2017 | 14.294 |
| 2016 | 10.493 |
| 2015 | 10.694 |
| 2014 | 11.403 |
| 2013 | 9.576 |
| 2012 | 11.861 |
| 2011 | 13.917 |
| 2010 | 13.791 |