State Employment Relative to Year Ago

The map below shows the geographic variation in the decline in nonfarm payroll employment relative to August 2019. Nationwide, the decline is 6.8% (NFP growth was trending at 1.6% up to February 2020, 1.3% up to August 2019).

Figure 1: Change in nonfarm payroll employment, August 2019 to 2020, in % (decimal form). Darker indicates a bigger drop. Source: BLS, accessed 9/18/2020.

Clearly, we are not back to where we were…

4 thoughts on “State Employment Relative to Year Ago

    1. The Rage

      Remember cares spending saved a bunch of jobs. It also paid down debt. Now spending will creak downward slowly in a correction the next 6-12 months, the probably surge again by the 2nd half of next year.

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