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Thread: Today’s #JobsReport shows a labor market that, despite improvements since April, remains devastated by the #COVID19 recession. #JobsDay

Here are six signs showing why.
cbpp.org/blog/6-signs-t… ImageImageImageImage
1. The jobs “hole” that opened in March & April remains huge.

Private payroll employment remains 10.7 million jobs below its February level & state & local government payrolls remain 1.1 million jobs below.

cbpp.org/blog/6-signs-t… Image
2. State & local job losses, many in education, remain large due to budget cuts.

In April alone, more state & local workers were furloughed or laid off than in the Great Recession of a decade ago & its aftermath. #JobsDay Image
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