Insights and Perspective

 

Insights and Perspective

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Read the latest from Geographic Solutions.

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Leisure & Hospitality employment continues to grow but remains the only sector still below its pre-pandemic employment level. The labor market has been running hot for several months; but it is uncertain when increasing wage gains are going to have a dampening effect on employment.

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Geographic Solutions' resident economist offers his forecast for the upcoming February 2022 labor market report.

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The January employment figures along with the revisions in December and November portray a labor market that is healthier than thought on first examination.

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Geographic Solutions' resident economist offers his forecast for the upcoming January 2022 labor market report.

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A welcome change from the previous two months, the expected job growth acceleration was somewhat higher than forecast by multiple outlets.

September 2021 Job Growth Hampered by Education

U.S. employment rose by 194,000 jobs in September while the unemployment rate dropped to 4.8%.

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The June labor market report will come as a relief to many after earlier lackluster growth, yet the U.S. employment level remains below its February 2020 total. Job creation was most pronounced in Leisure & Hospitality even as restaurants and hotels struggle to fill job openings.