Job growth in the restaurant industry stalled in August, ending a 7-month period in which employers added nearly 1.4 million jobs. Despite the solid gains in recent months, eating and drinking places* remain nearly 1 million jobs or 8% below their pre-pandemic employment peak.
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The 23 U.S. scheduled passenger airlines employed 2.1% more full-time equivalents (FTEs) in July 2021 than in June 2021
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The August decline followed a 7-month period in which eating and drinking places added nearly 1.4 million jobs.
Total nonfarm payroll employment rose by 235,000 in August, and the unemployment rate declined to 5.2 percent. Job gains occurred in professional and business services, transportation and warehousing, private education, manufacturing, and other services. Retail trade lost jobs.
Restaurant job growth was broad-based in recent months, but employment remained below comparable pre-pandemic levels in 44 states and DC.
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Junes total number of FTEs (394,298) was up 1,314 from May (392,984) and down 62,962 from the onset of the pandemic in March 2020 (457,260), a 13.8% drop.
Eating and drinking places added a net 1.3 million jobs during the first seven months of 2021.