Thndr Claps » U.S. Claps » Economy 🏢 » US employment breaks pre-pandemic levels 🧍♂️
The ClapTotal employment reached 152.744 million, 240,000 more than in February 2020 (pre-COVID).The DeetsProfessional and business services recorded the highest employment growth, while transportation and warehousing recorded large increases.Other sectors, such as leisure and hospitality, are still struggling to reach pre-pandemic levels. Some hotels cut down certain services, reducing the need for labor in the sector.The US employment record took 2 and a half years to recover, as economic pressures are still affecting countries worldwide.Why this MattersThis indicates a recovering US employment market, after two years of economic pressures. The economy still has a long way to go, as economic struggles, inflation, and shortages in energy and commodities continue to add pressure.
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