[Questions? larry@larrylitwin.com]
By ZipRecruiter.com
The U.S. economy lost 22 million jobs between February and April, and had only recovered 42% of them by July, according to the latest jobs report.
But not all industries contracted during the pandemic. Some added thousands of employees to meet surging demand for groceries, gardening supplies, hand sanitizer, sewing machines, ventilators, video game consoles, plexiglass sneeze guards and mortgage refinancing, among other goods and services.
Here are the 26 industries that have added the largest numbers of jobs to the economy since February:
1. Warehouse clubs and supercenters:
156.9K
2. Supermarkets and grocery stores:
95.2K
3. Building material and garden supply stores: 62.2K
4. The federal government (excluding the post office): 48.9K
5. Couriers and express delivery services: 45.7K
6. Local messengers and delivery and private postal service: 14.3K
7. Children’s and infants’ clothing stores: 10K
8. Tax preparation services: 8.3K
9. Mortgage and nonmortgage loan brokers: 6K
10. Surgical appliances and supplies manufacturers: 5.3K
11. Internet publishing and broadcasting and web search portals: 4.2K 12. Direct life insurance carriers:
3.9K
13. Department of Defense: 3.6K
14. Farm product raw materials wholesalers (including of grains and field beans): 3.4K
15. Animal slaughtering: 2.9K
16. Securities Brokerage: 2.8K
17. Claims adjusting: 2.8K
18. Consumer lending: 2.6K
19. Scientific research and development services: 2.4K
20. Miscellaneous computer and electronic products manufacturers: 2.2K
21. Soaps and cleaning compounds manufacturers: 1.9K
22. State hospitals: 1.7K
23. Direct property and casualty insurers: 1.7K
24. Sewing, needlework and piece goods stores: 1.6K
25. Plastics packaging
materials, film and sheet: 1.6K
26. Investment advice: 1.6K
Other jobs report findings
Performing arts and spectator sports lost 12.8K jobs in July as fall and winter season events were canceled or pared back. That industry now employs fewer than half as many as it did last year (253.7K vs. 514.2K). State mass layoff notices for July read like a list of the nation’s top orchestras, theaters, opera houses and sporting venues.
Several high-wage industries where jobs can be performed from home continued to struggle as businesses sought to defray pandemic-related revenue losses.
For example, employment declines continued in management of companies and enterprises (-12.2K), advertising and related services (-8.2K), computer systems design (-7K) and publishing industries (-6.9K).
Employment in support activities for mining (-10.6k) also continued to contract, as anemic global demand thwarted a recovery in commodity prices.
As of July, payroll employment was lower than its pre-COVID February level by 12.9 million jobs (or 8.4%). In other words, the pandemic has sent the economy back to 2014-level numbers of jobs. Payroll employment now needs to grow by about 2.6 million per month to recover by the end of the year.
[Questions? larry@larrylitwin.com]