Jobs day
Measuring the job shortfall since February 2020 : Actual and counterfactual employment, September 2019–September 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 |
|---|---|---|---|
| Jan-2019 | 150145 | ||
| Feb-2019 | 150095 | ||
| Mar-2019 | 150263 | ||
| Apr-2019 | 150482 | ||
| May-2019 | 150545 | ||
| Jun-2019 | 150720 | ||
| Jul-2019 | 150913 | ||
| Aug-2019 | 151108 | ||
| Sep-2019 | 151329 | ||
| Oct-2019 | 151524 | ||
| Nov-2019 | 151758 | ||
| Dec-2019 | 151919 | ||
| Jan-2020 | 152234 | ||
| Feb-2020 | 152523 | 152523 | 152523 |
| Mar-2020 | 150840 | 152725 | 152588 |
| Apr-2020 | 130161 | 152928 | 152652 |
| May-2020 | 132994 | 153130 | 152717 |
| Jun-2020 | 137840 | 153332 | 152782 |
| Jul-2020 | 139566 | 153535 | 152847 |
| Aug-2020 | 141149 | 153737 | 152911 |
| Sep-2020 | 141865 | 153939 | 152976 |
| Oct-2020 | 142545 | 154142 | 153041 |
| Nov-2020 | 142809 | 154344 | 153105 |
| Dec-2020 | 142503 | 154546 | 153170 |
| Jan-2021 | 142736 | 154749 | 153235 |
| Feb-2021 | 143272 | 154951 | 153300 |
| Mar-2021 | 144057 | 155153 | 153364 |
| Apr-2021 | 144326 | 155356 | 153429 |
| May-2021 | 144940 | 155558 | 153494 |
| Jun-2021 | 145902 | 155760 | 153559 |
| Jul-2021 | 146933 | 155963 | 153646 |
| Aug-2021 | 147359 | 156165 | 153713 |
| Sept-2021 | 147553 | 156367 | 153779 |
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.
Source: EPI analysis of Bureau of Labor Statistics Current Population Survey public data series.
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