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UnemploymentRatesDuringtheCOVID-19Pandemic
UpdatedMay20,2021
CongressionalResearchService
R46554
UnemploymentRatesDuringtheCOVID-19Pandemic
TheCoronavirusDisease2019(COVID-19)pandemichashadasignificanteffectonlabormarketmetricsforeverystate,economicsector,andmajordemographicgroupintheUnitedStates.Thisreportprovidesinformationonunemploymentrates,laborforceparticipationrates,andnonfarmpayrollsintheUnitedStatesduringtheongoingpandemic.ItpresentsCRSanalysisofoverallunemploymentratetrendsduringthepandemic.Thereportfirstexaminesthesetrendsnationally,andatthestateandindustriallevels.Next,itexamineshowunemploymentratesvariedacrossdemographicgroups.Thereportthenrepeatsthisanalysis,whereappropriate,forthelaborforceparticipationrate,whichshedslightonthesizeoftheworkforcewillingandavailableforwork.Thefinalportionofthereportanalyzestheimpactthepandemichashadonoverallemploymentandbysector.
Amongotherfindings,thisreportshowsthefollowing:
InApril2020,theunemploymentratereached14.8%—thehighestrateobservedsincedatacollectionbeganin1948.InApril2021,unemploymentremainedhigher(6.1%)thanithadbeeninFebruary2020(3.5%).
SUMMARY
R46554
May20,2021
GeneFalk,Coordinator
SpecialistinSocialPolicy
PaulD.Romero
ResearchAssistant
JamesonA.Carter
ResearchAssistant
IsaacA.Nicchitta
ResearchAssistant
EmmaC.Nyhof
ResearchAssistant
Thelaborforceparticipationratedeclinedto60.2%inApril2020—alevelnotseensincetheearly1970s—thenbeganapartialrecoveryinMay2020.Thelaborforceparticipationratewas61.7%inApril2021,1.7percentagepointsbelowthelevelinJanuary2020,beforethepandemicandtheeconomicrecession.
Nonfarmpayrollsshed22.1millionjobsbetweenJanuary2020andApril2020,withemploymentdecliningto86%ofitspre-recessionlevel.InApril2021,aggregateemploymentremained7.9millionjobsbelowitspre-recessionlevel.
TheCOVID-19pandemichasimpactedeconomicsectorsdisparately.TheleisureandhospitalitysectorlostthelargestnumberofjobssinceJanuary2020,andpersonslastemployedinthissectorhaveconsistentlyexhibitedsomeofthehighestunemploymentratesthroughoutthepandemic.Additionally,theeducationandservicessectorandthegovernmentsectorhaveexhibitedthesecondandthird-largestlossesinjobssinceJanuary2020,despiterelativelylowunemploymentratesamongpersonslastemployedinthesesectors.
TheCOVID-19pandemichasimpacteddemographicgroupsdisparately.Althoughalldemographicgroupswereaffected,personsidentifyingasBlackorHispanicandyoungerworkersgenerallyexperiencedrelativelyhighpeaksinunemploymentandrelativelysteepdeclinesinlaborforceparticipationoverthecourseofthepandemic.Additionally,personswithlowereducationalattainmenthavegenerallyexperiencedrelativelyhigherunemploymentratesandlowerlaborforceparticipationthroughoutthepandemic.
CongressionalResearchService
UnemploymentRatesDuringtheCOVID-19Pandemic
Contents
Introduction
1
U.S.UnemploymentRate:HistoricalTrends
2
ComparingtheGreatRecessionandtheCOVID-19Recession
4
COVID-19Recession:UnemploymentTrends
5
UnemploymentRatesbyState
5
UnemploymentRatesbySector
6
UnemploymentRatesforFull-andPart-TimeWorkers
8
UnemploymentRatesbySexandAge
9
UnemploymentRatesbyRacialGroupandHispanicEthnicity
10
UnemploymentRatesbyEducation
12
U.S.LaborForceParticipationRate:HistoricalTrends
12
COVID-19Recession:TrendsinLaborForceParticipation
14
LaborForceParticipationRatebyAgeandSex
14
LaborForceParticipationRatebyRaceandEthnicity
15
LaborForceParticipationRatebyEducationalAttainment
17
COVID-19Recession:NonfarmPayrolls
17
TrendsinEmploymentinthePrivateSector
18
TrendsinEmploymentbyGovernmentSector
19
DataLimitationsandCaveats
20
COVID19Pandemic-RelatedDataIssues
21
GeneralDataCaveats
22
Figures
Figure1.HistoricalUnemploymentRate
3
Figure2.U.S.UnemploymentRate
4
Figure3.StateUnemploymentRate
6
Figure4.UnemploymentRatesbySector
7
Figure5.UnemploymentRatesforPart-andFull-TimeWorkers
9
Figure6.UnemploymentRatesbySexandAge
10
Figure7.UnemploymentRatesbyRacialGroup
11
Figure8.UnemploymentRatesbyHispanicOrigin
11
Figure9.UnemploymentRatesbyEducation
12
Figure10.HistoricalLaborForceParticipationRate
13
Figure11.LaborForceParticipationRateDuringCOVID-19Pandemic
14
Figure12.LaborForceParticipationRatebyAgeandSex
15
Figure13.LaborForceParticipationRatebyRace
16
Figure14.LaborForceParticipationRatebyHispanicOrigin
16
Figure15.LaborForceParticipationRatebyEducationalAttainment
17
Figure16.ChangeinEmploymentbySector
18
Figure17.JobLossDuringtheCOVID-19RecessioninthePrivateSector
19
CongressionalResearchService
UnemploymentRatesDuringtheCOVID-19Pandemic
Figure18.JobLossDuringtheCOVID-19PandemicinthePublicSector
20
Contacts
AuthorInformation
22
CongressionalResearchService
UnemploymentRatesDuringtheCOVID-19Pandemic
Introduction
TheNationalBureauofEconomicResearchdeclaredthestartofthecurrenteconomicdownturninFebruary2020,markingtheendofthelongestperiodofexpansioninU.S.history.1ThisexpansionfollowedtheGreatRecession(December2007toJune2009),adownturnwidelyconsideredtobetheworstsincetheGreatDepression(August1929toMarch1933).2TheunemploymentraterosequicklyinMarch2020,andbyApril2020ithadgreatlysurpasseditspreviouspeaksobservedduringandjustaftertheGreatRecession.Thisriseinunemploymentwascausedbyanunprecedentedlossof22.1millionjobsbetweenJanuary2020andApril2020.Manyindividualsleftthelaborforceoverthisperiod,andbyApril2020thelaborforceparticipationrate3declinedtoalevelnotseensincetheearly1970s.
ThisdeteriorationintheU.S.labormarketcorrespondedwithvariousadvisoryormandatedstay-at-homeordersimplementedinresponsetotheCoronavirusDisease2019(COVID-19)pandemicandotherpandemic-relatedfactorsaffectingU.S.demand.4Statesandlocalitiesimplementedtheseorders5tomitigatetherisksofCOVID-19afteritwasdeclaredapandemicdiseasebytheWorldHealthOrganizationonMarch11,2020.6
ThisreportdiscussesthestateoftheU.S.labormarketusingdatafromtheBureauofLaborStatistics(BLS).ThethreeprimarysourcesaretheCurrentPopulationSurvey(CPS),theLocalAreaUnemploymentStatistics(LAUS)program,andtheCurrentEmploymentStatistics(CES)program.Inadditiontotheusualcaveatsaboutestimates(seethe“GeneralDataCaveats”section),therewereadditionaldatachallengescausedbytheCOVID-19pandemic(seethe“COVID-19Pandemic-RelatedDataIssues”section).Thepandemicledtolowersurveyresponseratesbybusinessesandhouseholds,andBLSdetectedanerrorintheircategorizationproceduresthatlikelyunderestimatedunemploymentearlyintherecession.7LaborforceparticipationrateswerenotaffectedbythiscategorizationerrorandmetBLSstandardsofaccuracy,despitedepressedresponserates.8BLSalsoidentifiedanerrorinthenonfarmenrollmentdataprocessing
TheNationalBureauofEconomicResearch;see/cycles.htmlfortheirhistoricalseriesofexpansionsandcontractions.Formoreontheirprocessfordeterminingexpansionsandcontractions,see/cycles/recessionsfaq.html#:~:text=What%20is%20an%20expansion%3F,more%20than%20a%20few%20months.&text=Expansion%20is%20the%20normal%20state,economy%3B%20most%20recessions%20are%20brief.
TheGreatRecessionwasaparticularlylongrecession,characterizedbyasteadyandlargeincreaseinunemploymentandunprecedenteddecreasesinlaborforceparticipation.TheunemploymentratesobservedduringtheGreatRecession,however,neversurpassedthoseoftheearly1980s.FormoreonlaborforcemetricsduringtheGreatRecessionseeCRSReportR45330,LaborMarketPatternsSince2007,bySarahA.DonovanandMarcLabonte.
Definedasthepercentageofpersonsintheoveralladultpopulationwhoeitherhaveajoborarelookingforajob.
SeeCRSInsightIN11388,COVID-19:U.S.EconomicEffects,byRenaS.MillerandMarcLabonte.
Foralistofstate-levelstay-at-homeordersandestimatesoftheimpactoftheseordersonriskmitigation,seeAmandaMoreland,ChristineHerlihy,andMichaelA.Tynanetal.,TimingofStateandTerritorialCOVID-19Stay-at-HomeOrdersandChangesinPopulationMovement,CentersforDiseaseControl,MorbidityandMortalityWeeklyReportVol.69No.35,Washington,DC,September4,2020,pp.1198-1203,/mmwr/volumes/69/wr/mm6935a2.htm?s_cid=mm6935a2_w.
WorldHealthOrganization,CoronavirusDisease2019(COVID-19),SituationReport51,March11,2020,p.1,/docs/default-source/coronaviruse/situation-reports/20200311-sitrep-51-covid-19.pdf.
SeeCRSInsightIN11456,COVID-19:MeasuringUnemployment,byLidaR.Weinstock.
ForBLSimpactsummariesofCOVID-19onthesemeasures,see/covid19/effects-of-covid-19-pandemic-and-response-on-the-employment-situation-news-release.htm.
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UnemploymentRatesDuringtheCOVID-19Pandemic
systemwhereinsomebusinesseswereimproperlyincludedinestimates,althoughBLShassincedeterminedtheimpactsofthiserrorwereinsignificant.9
Thisreportgenerallyfindsthefollowing:
Theunemploymentratepeaked10inApril2020,atalevelnotseensincedatacollectionstartedin1948,beforedecliningtoalevelinApril2021thatstillremained2.6percentagepointsabovetherateobservedinFebruary2020.
InApril2020,thelaborforceparticipationratedeclinedtolevelsnotseensincetheearly1970s.Laborforceparticipationhasimprovedsincethento61.7%,whichremains1.7percentagepointsbelowitspre-recessionlevel.
Nonfarmpayrollsshed22.1millionjobsbetweenJanuary2020andApril2020.InApril2021,aggregateemploymentremained7.9millionjobsbelowitspre-recessionlevel.
U.S.UnemploymentRate:HistoricalTrends
Priorrecessionstypicallydevelopedwithgraduallyincreasingeconomicdistress.ThecurrentrecessionwascausedbytheCOVID-19pandemic,whichwasanabruptandexogenousshocktotheeconomy.Thepandemicresultedinrapidlyimplementedeffortstolimitcontactamongindividualsandmanyshutdownorders.Therefore,thetrendsintheunemploymentrateinthecurrentrecessiondifferfromthoseinpriorrecessions(see
Figure1
).Ratesobservedduringpriorrecessionsroserelativelygraduallyoverthecourseofaneconomicdownturnandthenpeaked.
Thecurrentrecessionexhibitedanunprecedentedsharpincreaseintheunemploymentrate(10.3percentagepoints)fromFebruarytoApril2020.11FollowingApril,theratedeclinedrapidly(6.4percentagepointsfromApril2020toAugust2020)astemporarilyfurloughedworkersreturnedtowork.Despitetheserapiddeclines,theunemploymentrateremainsatanelevatedlevel(6.1%)comparedtoFebruary2020.TheshareofworkersonfurloughhasdeclinedsincepeakinginApril2020,whiletheshareofpermanentlylaidoffworkershassteadilyincreased.12Althougheconomicprojectionshavegenerallyimprovedsinceearlyintherecession,theCongressionalBudgetOffice(CBO)hasprojectedthatunemploymentratesover5.0%willpersistoverthenexttwoyears.13
Foradescriptionofthiserror,see/ces/notices/2021/ces-sample-rotation-issue-caused-by-pandemic-related-challenges-to-enrollment.htm.
Throughoutthisreport,peakreferstothehighestlevelofunemploymentbetweenJanuary2020andApril2021.Itdoesnotaccountformonthsoutsidethisrange.
ForinformationonthedifferencesbetweenthecongressionalresponsetothecurrentrecessioncomparedtothecongressionalresponseduringtheGreatRecessionintheUnemploymentInsurancesystem,seeCRSReportR46472,ComparingtheCongressionalResponsetotheGreatRecessionandtheCOVID-19-RelatedRecession:UnemploymentInsurance(UI)Provisions,byKatelinP.IsaacsandJulieM.Whittaker.
CRSanalysisofBLSdata,whichcanbefoundat/webapps/legacy/cpsatab11.htm.Workersontemporarylayoffdeclinedfrom18.0millioninApril2020to2.1millioninApril2021asthenumberofpermanentjoblosersincreasedfrom2.6millioninApril2020to3.5millioninApril2021.
See/about/products/budget-economic-data#4forCBO’s10-yeareconomicprojectionsofunemploymentrates,asofFebruary2021.
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UnemploymentRatesDuringtheCOVID-19Pandemic
Figure1.HistoricalUnemploymentRate
Seasonallyadjustedmonthlydata,January1948toApril2021
Source:CreatedbyCRSusingdatafromtheBureauofLaborStatistics(BLS).ExtractedusingtheLaborForceStatisticsdataseriesat/data/.
Notes:ShadedregionsindicaterecessionaryperiodsasidentifiedbytheNationalBureauofEconomicResearch.
Theunemploymentrate’srelativelyrapiddeclinesinceApril2020mayhavebeenaidedbylawspassedinresponsetoboththerecessionandthepandemic.Notably,Congresshaspassedthreeroundsofstimuluschecksforfamilies,14expandednutritionassistanceprograms,15andenactedincreasesinrefundabletaxcredits(whicharenotscheduledtobedisburseduntilJuly2021).16Theseprovisionsincreasefamilies’disposableincomeandthosewhichhavetakeneffectmayhaveincreasedconsumerspending,enablingbusinessestobetterenduretherecession;a2020studyfromNBERfoundthathigherreplacementratesoflostwagesledtohigherconsumerspending.17CongressalsoenactedthePaycheckProtectionProgram,whichprovidesloansthatcanbefullyforgivenifthemajorityoffundsareusedtomaintainpayrolls.18
Additionally,CongressexpandedUnemploymentInsurance(UI)programbenefitsandextendedlengthofcoverage.19ThispolicycoulddirectlyincreasetheunemploymentratebecausepastresearchhasshownUIextensionscanincreasethedurationofunemploymentforarelatively
Formoreinformation,seeCRSInsightIN11605,COVID-19andDirectPayments:ComparisonofFirstandSecondRoundof“StimulusChecks”totheThirdRoundintheAmericanRescuePlanActof2021(ARPA;P.L.117-2),byMargotL.Crandall-Hollick.
Formoreinformation,seeCRSReportR46681,USDANutritionAssistancePrograms:ResponsetotheCOVID-19Pandemic,byRandyAlisonAussenbergandKaraCliffordBillings.
Formoreinformation,seeCRSReportR46680,TheAmericanRescuePlanActof2021(ARPA;P.L.117-2):TitleIX,SubtitleG—TaxProvisionsRelatedtoPromotingEconomicSecurity,byMollyF.Sherlock,MargotL.Crandall-Hollick,andJaneG.Gravelle.
MiguelG.Casado,BrittaGlennon,andJuliaLane,etal.,TheEffectofFiscalStimulus:EvidencefromCOVID-19,NBER,WorkingPaper27576,Cambridge,MA,August2020,/papers/w27576.
Formoreonthistopicandtheoriesofrecessionarypolicy,alsoseeCRSReportR46460,FiscalPolicyandRecoveryfromtheCOVID-19Recession,byJaneG.GravelleandDonaldJ.Marples.
Formoreinformation,seeCRSReportR46397,SBAPaycheckProtectionProgram(PPP)LoanForgiveness:InBrief,byRobertJayDilgerandSeanLowry.
Formoreinformation,seeCRSReportR46687,CurrentStatusofUnemploymentInsurance(UI)Benefits:Permanent-LawProgramsandCOVID-19PandemicResponse,byJulieM.WhittakerandKatelinP.Isaacs.
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UnemploymentRatesDuringtheCOVID-19Pandemic
smallsegmentofunemployedworkers.20ArecentpaperexaminingdatafromApriltoJulyof2020foundthatwhileUIbenefitincreasesreducedemploymentby0.2%to0.4%,overallspendingbyrecipientsincreasedby2.0%to2.6%.21Theauthorsnotethatwhiletheseexpansionsdirectlydecreasedemploymentamongrecipients,thatincreasedspendingamongrecipientsmayhaveinsulatedthelabormarketfromfurtherdeterioration.
These(andother)policiesmayhaveaffectedunemploymentratetrendsinseveralways;however,thecausalimpactofpolicychoicesontheunemploymentrateisbeyondthescopeofthisreport.
ComparingtheGreatRecessionandtheCOVID-19Recession
DuringtheGreatRecession,theunemploymentrateincreasedfrom5.0%inDecember2007(thestartoftherecession)to9.5%inJune2009(theendoftherecession)(see
Figure2
).Theunemploymentratepeakedat10.0%inOctober2009,fourmonthsaftertherecessionofficiallyconcluded.Inthecurrentrecession,theunemploymentrateincreasedfrom3.5%inFebruary2020,to4.4%inMarch2020,andthenpeakedatahighof14.8%inApril2020.Sincethen,theunemploymentratefellto6.1%inApril2021.Thepeakrepresentsthequickestmonth-over-monthincreaseintheunemploymentrateandthehighestoverallunemploymentratesincetheCPSdatastartedbeingcollectedin1948.22
Figure2.U.S.UnemploymentRate
Seasonallyadjustedmonthlydata,November2004toApril2021
Source:CreatedbyCRSusingdatafromtheBureauofLaborStatistics(BLS).ExtractedusingtheLaborForceStatisticsdataseriesat/data/.
ThestudycitedhereshowedthatUIextensionsduringGreatRecessionincreasedtheunemploymentrateof0.4percentagepoints.HenryS.FarberandRobertG.Valletta,DoExtendedUnemploymentBenefitsLengthenUnemploymentSpells?EvidencefromRecentCyclesintheU.S.LaborMarket,NBER,WorkingPaper19048,Cambridge,MA,May2013,/papers/w19048.
PeterGanongetal.,SpendingandJobSearchImpactsofExpandedUnemploymentBenefits:EvidencefromAdministrativeMicroData,BeckerFriedmanInstitute,WorkingPaperNo.2021-19,Chicago,IL,February2021,/wp-content/uploads/2021/02/BFI_WP_2021-19.pdf.
TherearemanydifferencesinlaborforcestatisticsobservedduringtheGreatRecession,itsaftermath,andtheCOVID-19recession.Formoreonthisandforinformationonlabormarketpatternssince2007,seeCRSReportR45330,LaborMarketPatternsSince2007,bySarahA.DonovanandMarcLabonte.
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UnemploymentRatesDuringtheCOVID-19Pandemic
COVID-19Recession:UnemploymentTrends
TheCOVID-19pandemichasaffectedtheunemploymentratesforeverystate,economicsector,andmajordemographicgroup.Intheearlystagesofthecurrentrecession,unemploymentratesdisproportionatelyincreasedamongeconomicsectorsdeliveringin-personservices.Somedemographicgroupsareoverrepresentedinsuchsectors,contributingtohigherunemploymentratesforthoseworkers.23
UnemploymentRatesbyState
Figure3
displaysstate-levelmonthlyunemploymentratesfromJanuary2020toMarch2021(thestate-leveldataforApril2021havenotbeenreleasedasofthecoverdateofthisreport).Thefigureshowsthatnostatewasimmunefromeconomicdamageearlyinthepandemic.24Sincetheonsetofthecurrentrecession,theunemploymentrateforeverystateandtheDistrictofColumbiasurpassedlevelsseenduringtheGreatRecession.Thevariationineconomicdamagewasduetoanumberoffactors,includingtheproportionofjobsinsectorsthatprovidenonessentialservicestoin-personcustomers,25individualconcernsofcontractingCOVID-19causingdeclinesinpersonalconsumption,26andtheimplementationofstay-at-homeordersandbusinessclosurepolicies.27
GuidoMatiasCortesandElizaForsythe,“TheHeterogeneousLaborMarketImpactsoftheCovid-19Pandemic,”UpjohnInstitute,May2020;andRobertFairlie,“TheImpactofCovid-19onSmallBusinessOwners:EvidenceofEarly-StageLossesfromtheApril2020CurrentPopulationSurvey,”NBERWorkingPaperNo.27309,June2020.
FelipeLozano-Rojasetal.,“IstheCureWorsethantheProblemItself?ImmediateLaborMarketEffectsofCOVID-
CaseRatesandSchoolClosuresintheU.S.,”NBERWorkingPaperNo.27127,May2020;ElizaForsytheetal.,“LaborDemandintheTimeofCOVID-19:EvidencefromVacancyPostingsandUIClaims,”NBERWorkingPaper
No.27061,April2020.
MatthewDeyandMarkLoewenstein,“HowmanyworkersareemployedinsectorsdirectlyaffectedbyCOVID-19shutdowns,wheredotheywork,andhowmuchdotheyearn?”MonthlyLaborReview,April2020.
AustanGoolsbeeandChadSyverson,“Fear,lockdown,anddiversion:comparingdriversofpandemiceconomicdecline2020,”NBERWorkingPaperNo.27432,June2020.
SumedhaGuptaetal.,“EffectsofSocialDistancingPolicyonLaborMarketOutcomes,”NBERWorkingPaperNo.2780,May2020.
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UnemploymentRatesDuringtheCOVID-19Pandemic
Figure3.StateUnemploymentRate
Seasonallyadjustedmonthlydata,January2020toMarch2021
Source:CreatedbyCRSusingdatafromtheBureauofLaborStatistics(BLS).ExtractedusingtheLaborForceStatisticsdataseriesat/data/.
Notes:TheNationalBureauofEconomicResearchidentifiedFebruary2020asthefirstmonthofthecurrentrecession.Themonth-over-monthchangesarepointestimatesandhavenotbeentestedforsignificance.Thestate-leveldataforApril2021havenotbeenreleasedasofthecoverdateofthisreport.
TheunemploymentrateinmoststatespeakedinApril2020andhassincedeclined.InMarch2021,thestateswiththehighestunemploymentrateswereHawaii(9.0%),NewYork(8.5%),California(8.3%),Connecticut(8.3%),andNewMexico(8.3%).ThestateswiththelowestunemploymentratesinMarch2021wereSouthDakota(2.9%),Utah(2.9%),Nebraska(2.9%),Vermont(2.9%),andNewHampshire(3.0%).
UnemploymentRatesbySector
Figure4
displaysthechangeinsectorunemploymentratesfromJanuary2020,beforethestartoftherecession,toApril2021.Sectorunemploymentratesdefinetheunemploymentrateamongindividualswhoselastjobwasinaparticularsector.Thefigureshowsthatsomesectorsweredisparatelyimpactedbytherecession,althoughthedataarenotseasonallyadjusted.Withoutseasonaladjustments,itisdifficulttodeterminetheextenttowhichunemploymenttrendsarerelatedtotherecessionortoseasonaltrends.Readersshouldinterprettrendsshownin
Figure4
withsomecautionasthisreportdoesnottestforstatisticalsignificanceofthesedifferences.
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UnemploymentRatesDuringtheCOVID-19Pandemic
Figure4.UnemploymentRatesbySector
Non-seasonallyadjustedmonthlydata,January2020toApril2021
Source:CreatedbyCRSusingdatafromtheBureauofLaborStatistics(BLS).ExtractedusingtheLaborForceStatisticsdataseriesat/data/.
Notes:Statisticalsignificanceisnotcalculatedforthesetrendsanditisunclearhowdependentthesetrendsareonregularseasonalvariation.SectorsaredefinedbytheNorthAmericanIndustryClassificationSystem(NAICS)andcanbefoundat/iag/tgs/iag_index_naics.htm.Thefigureshowsunemploymentratesforwageandsalaryworkers.Twosectorsdonothavedisplayedpeakunemploymentrates.Theminingsectorexperiencedtwopeaksof19.3%inNovember2020andFebruary2021,whiletheagriculturesectorexperienceditspeakbeforetherecessionandpandemicbegan(12.5%inJanuary2020).
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UnemploymentRatesDuringtheCOVID-19Pandemic
Workerswhoselastjobwasintheleisureandhospitalitysectorexperiencedahigherpeakinunemployment(39.3%inApril2020)thandidworkerswhowerepreviouslyemployedinanyothersector;theyalsohadthesecondhighestunemploymentrateinApril2021(10.8%).However,elevatedunemploymentratesarenotconstrainedtosectorsprovidingin-personservices.Workerswhoselastjobwasintheminingorextractionsectorhaveexperiencedsteadilyincreasingunemploymentsincetheonsetoftherecession;inApril2021theyexhibitedthehighestrate(14.3%)amongallworkersacrosssectors.ThelowestApril2021rateswereamongworkerswhoselastjobwasinthegovernment(2.3%),financialactivities(2.7%),oreducationandhealthservices(3.4%)sectors.ThesesectorshaveexhibitedrelativelylowunemploymentratescomparedtomostothersectorsfromFebruary2020throughApril2021.28Withinsectors,someworkersweremorelikelytolosetheirjobsthanothersearlyintherecession.Forexample,somestudiesfromearlyinthepandemicsuggestthatlow-wageworkersintheleisureandhospitalitysectorandotherservicessectorsexperienceddisproportionatelylargeemploymentlosses.29
UnemploymentRatesforFull-andPart-Tim
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