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Insights and data analysis from economic and financial reports with a focus on macroeconomics and markets.
23 Feb
How has the pandemic affected long-term projections on employment? - a thread

BLS sees a stronger decline in retail employment and traveler accommodation as well as shrinking food services employment instead of expanding.

bls.gov/opub/mlr/2021/…
Transportation employment growth will likely be smaller and in some cases may decline due to teleworking rising and less people commuting to work.
Nonresidential construction employment is likely to decline with office space likely being less needed. The effects might spill over into residential construction employment as lost workers cross over into a new industry.
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