Over the past few months, every single major area of the U.S. job market has shrunk at least some. But it’s clear that the leisure and hospitality industry was hurt far more than any other.
Data processing, hosting and related servicesCategory sizes are based on whether the area ranked among the top, middle or bottom third of subsectors in total employment in February 2020., service and hospitality subsectors. But no matter the size of the industry, only a few areas managed to resist a net decline in employees, compared with their pre-coronavirus norms.
With even more people filing unemployment claims every day that the coronavirus lockdowns continue, these numbers are likely to get even worse. By definition, recessions always exact a terrible toll on the job market. But this one is unusual in justWould it hurt the economy to let people die from coronavirus? l FiveThirtyEightNot all these people will show up in the official unemployment number by the end of May. Some may find jobs in between, and some may stop looking.
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