Total nonfarm payroll employment rose by 1.4 million in August, and the unemployment rate fell to 8.4 percent. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the pandemic, as well as hiring for the 2020 Census.
The restaurant industry added just 133,600 jobs in August, and staffing levels remain nearly 2.5 million jobs below the pre-coronavirus peak.
Jobless rates were higher in July than a year earlier in all 389 metropolitan areas. Nonfarm payroll employment was down in 272 metropolitan areas, up in 1, and essentially unchanged in 116.
Four states Texas, Arizona, Florida and Oklahoma lost eating and drinking place jobs in July.
The 23 U.S. scheduled passenger airlines employed 0.3% fewer full-time equivalents (FTEs) in mid-June 2020 than in mid-May 2020
A report prepared for the U.S. Travel Association by Tourism Economics finds a bevy of chilling jobs figures – and underscores the fact that an overall U.S. employment recovery will not be successful unless the hard-hit travel and tourism industry can be safely restarted
Restaurant job growth is expected to be choppy in the months ahead, following the initial bounce of 3 million jobs in May and June.
U.S. airlines employed 699,683 workers in the middle of June 2020, 2,446 more than in mid-May 2020 and 53,602 fewer than in March 2020. The June 2020 numbers consist of 508,688 full-time and 111,075 part-time workers.
Total nonfarm payroll employment rose by 1.8 million in July, and the unemployment rate fell to 10.2 percent. These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic.
COVID-19 has changed the Corporate World as we knew it in more ways than one, and recruiting is no different as the hiring process has changed significantly. Read this article to know more.