LiberalsLIE
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" . . 52 percent of the job losses from the pandemic have been recovered . ."
www.whitehouse.gov
This morning, the Bureau of Labor Statistics released its monthly employment situation report. In September, the United States added 661,000 jobs, and the unemployment rate fell to 7.9 percent.
In the last five months, 52 percent of the job losses from the pandemic have been recovered, and the United States has gained more than 11.4 million jobs, including a combined upward revision in July and August of 145,000 jobs. Although this year has not been easy, the grit of the American worker has not wavered, and we are in the midst of the fastest economic recovery in American history.
Since the recovery began in May, job gains have been concentrated in low-earning industries, which employ a large portion of minorities as well as those without college degrees, such as retail trade and leisure and hospitality. While the losses in these sectors were the steepest, swift, targeted action to keep workers connected to their employers has been a catalyst to recovery. Every private sector industry posted job gains for September, and leisure and hospitality and retail trade increased the most with gains of 318,000 and 142,000, respectively.
In fact, 51 percent of all job losses from February to April occurred in either the leisure and hospitality industry or the retail trade industry, which have average hourly wages below the national average. Since then, more than 4.5 million jobs have returned in the leisure and hospitality sector and nearly 1.9 million jobs have returned in the retail trade sector. These, in conjunction with the education and health services sector, which added 40,000 jobs in September, account for 68 percent of job gains since April.
September Jobs Report Shows American Grit | The White House
This morning, the Bureau of Labor Statistics released its monthly employment situation report. In September, the United States added 661,000 jobs, and the
This morning, the Bureau of Labor Statistics released its monthly employment situation report. In September, the United States added 661,000 jobs, and the unemployment rate fell to 7.9 percent.
In the last five months, 52 percent of the job losses from the pandemic have been recovered, and the United States has gained more than 11.4 million jobs, including a combined upward revision in July and August of 145,000 jobs. Although this year has not been easy, the grit of the American worker has not wavered, and we are in the midst of the fastest economic recovery in American history.
Since the recovery began in May, job gains have been concentrated in low-earning industries, which employ a large portion of minorities as well as those without college degrees, such as retail trade and leisure and hospitality. While the losses in these sectors were the steepest, swift, targeted action to keep workers connected to their employers has been a catalyst to recovery. Every private sector industry posted job gains for September, and leisure and hospitality and retail trade increased the most with gains of 318,000 and 142,000, respectively.
In fact, 51 percent of all job losses from February to April occurred in either the leisure and hospitality industry or the retail trade industry, which have average hourly wages below the national average. Since then, more than 4.5 million jobs have returned in the leisure and hospitality sector and nearly 1.9 million jobs have returned in the retail trade sector. These, in conjunction with the education and health services sector, which added 40,000 jobs in September, account for 68 percent of job gains since April.
