Where the Comment is King

THE NEWS COMMENTER

VOTE  (0)  (0)

One map shows how long it could take for each US state and DC to get back to pre-pandemic employment

Added 11-23-21 10:14:02am EST - “Utah and Idaho have already seen their labor markets return to pre-pandemic levels. This map shows when the rest of the country could recover.” - Businessinsider.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Businessinsider.com: “One map shows how long it could take for each US state and DC to get back to pre-pandemic employment”. Below is an excerpt from the article.

The economy is gradually recovering from the coronavirus pandemic. The pace of recovery differs throughout the US, and almost every state is still below pre-pandemic employment.

Utah and Idaho are the only states that are above their February 2020 levels of nonfarm payroll employment.

According to the latest data from the Bureau of Labor Statistics, half the states and DC had nonfarm payroll gains in October. BLS writes that the other half were "essentially unchanged." California had the largest monthly increase at 96,800. Texas followed behind with a monthly gain of 56,600. Despite being one of the states that still has a lot of ground to make up from employment losses experienced during the pandemic, Louisiana had the highest monthly percent increase at 1.9%. The state, however, is still 7.0% below pre-pandemic employment.

Arizona is almost back to pre-pandemic levels — it is down 0.2% from employment in February 2020 or down by 6,100. Texas is also not too far off from employment seen before the pandemic — just 0.5% below February 2020 employment or down by 60,100. 

To estimate when states could reach their pre-pandemic employment, we used the most recent three-month averages of change in nonfarm payroll employment.

Read more...

If you don't see any comments yet, congrats! You get first comment. Be nice and have fun.

Comment Box is loading comments...

CLICK TO SHARE

BACK TO THE HOME-PAGE