LABOR MARKET
STATE OF LABOR MARKET
| Recent Trend | COVID Recovery | |
| Employment: | ⇧ 1.9% YoY. | COVID job loss 22.2 million Full Recovery |
| Unemployment Rate: | 3.8%. | COVID peak of 14.7%. |
| Claims for Unemployment: Initial Claims Continuing Claims |
221 thousand 1.791 million |
COVID peak 6.1 million 23.1 million |
| JOLTS - Layoff Rate: JOLTS - Quits Rate: JOLTS - Hire Rate: |
1.1% 2.2% 3.7% |
8.6% 1.5% 3.1% |
LABOR MARKET OVERVIEW
COVID-19 Impact on Jobs
Job Market Recovery Quarterly
Job Market Recovery: By Sector
Job Market Recovery: By largest 15 States
Initial Claims for Unemployment and Continuing Claims for Unemployment on Weekly Basis
Initial Claims for Unemployment Weekly - Cumulative Latest 52 Weeks
LABOR MARKET DASHBOARD
HISTORICAL TRENDS IN JOB GROWTH
Annual Job Growth
Annual % Job Growth
JOBS AND JOBS GROWTH BY SECTOR
Job Distribution
Job Growth - Latest 12 Months
Job Growth Since Peak Prior to COVID Pandemic (2/2020)
Change in Industry Share of Job Market Since 1999
JOBS BY COMPANY SIZE
Jobs by Company Size
Job Growth YoY and QoQ by Company Size
“JOLT” RATES: JOB OPENINGS, LAYOFFS & TERMINATIONS, AND UNEMPLOYMENT RATE
Job Openings
Job Separations
EMPLOYMENT COSTS
Growth in Hourly Wages.
Employment Cost Index % Change
