Jobs day
Measuring the job shortfall since February 2020 : Actual and counterfactual employment, September 2019–March 2021
Date | Actual nonfarm payroll employment | Employment if it had continued growing at the pre-recession level | Employment if it had grown with population growth since February 2020 |
---|---|---|---|
Sep-2019 | 151,329 | ||
Oct-2019 | 151,524 | ||
Nov-2019 | 151,758 | ||
Dec-2019 | 151,919 | ||
Jan-2020 | 152,234 | ||
Feb-2020 | 152,523 | 152,523 | 152,523 |
Mar-2020 | 150,840 | 152,725 | 152,577 |
Apr-2020 | 130,161 | 152,928 | 152,631 |
May-2020 | 132,994 | 153,130 | 152,685 |
Jun-2020 | 137,840 | 153,332 | 152,738 |
Jul-2020 | 139,566 | 153,535 | 152,792 |
Aug-2020 | 141,149 | 153,737 | 152,846 |
Sep-2020 | 141,865 | 153,939 | 152,900 |
Oct-2020 | 142,545 | 154,142 | 152,954 |
Nov-2020 | 142,809 | 154,344 | 153,008 |
Dec-2020 | 142,503 | 154,546 | 153,061 |
Jan-2021 | 142,736 | 154,749 | 153,115 |
Feb-2021 | 143,204 | 154,951 | 153,169 |
Mar-2021 | 144,120 | 155,153 | 153,223 |
Notes: Payroll employment growth averaged 202,000 in the 12 months leading up to the pandemic recession. Population-adjusted employment growth applies population growth in the latest month since February 2020 to payroll employment and interpolates in the intervening years. Seasonally adjusted population growth is backed out from seasonally adjusted data on employment and EPOPs.
Source: EPI analysis of Bureau of Labor Statistics Current Population Survey public data series.
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