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Employment up by 467,000 in January 2022, down by 2.9 million since February 2020

February 08, 2022

Total nonfarm payroll employment increased by 467,000 in January 2022. Employment growth continued in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing. Nonfarm employment is down by 2.9 million, or 1.9 percent, from its pre-pandemic level in February 2020.

Change in nonfarm payroll employment, January 2022
Industry 1-month change [p] 12-month change [p] Change since Feb. 2020 [p]

Mining and logging

-4,000 36,000 -104,000

Construction

-5,000 163,000 -101,000

Manufacturing

13,000 375,000 -226,000

Wholesale trade

16,400 156,300 -124,800

Retail trade

61,400 414,900 60,900

Transportation and warehousing

54,200 455,800 542,100

Utilities

100 -4,200 -9,100

Information

18,000 189,000 31,000

Financial activities

9,000 143,000 5,000

Professional and business services

86,000 1,104,000 511,000

Education and health services

29,000 575,000 -645,000

Leisure and hospitality

151,000 2,356,000 -1,750,000

Other services

15,000 293,000 -330,000

Government

23,000 356,000 -735,000

[p] = preliminary.

In January 2022, employment in leisure and hospitality expanded by 151,000, reflecting job gains in food services and drinking places (+108,000) and in the accommodation industry (+23,000). Since February 2020, employment in leisure and hospitality is down by 1.8 million, or 10.3 percent.

Professional and business services added 86,000 jobs in January. Job gains occurred in management and technical consulting services (+16,000), computer systems design and related services (+15,000), architectural and engineering services (+8,000), and other professional and technical services (+7,000). Employment in temporary help services continued to trend up (+26,000). Employment in professional and business services is 511,000 higher than in February 2020, largely in temporary help services (+185,000), computer systems design and related services (+161,000), and management and technical consulting services (+151,000).

Retail trade employment rose by 61,000 in January. Job growth occurred in general merchandise stores (+29,000); health and personal care stores (+11,000); sporting goods, hobby, book, and music stores (+7,000); and building material and garden supply stores (+6,000). Retail trade employment is 61,000 above its level in February 2020.

Employment in transportation and warehousing increased by 54,000 in January and is 542,000 higher than in February 2020. In January, job gains occurred in couriers and messengers (+21,000), warehousing and storage (+13,000), truck transportation (+8,000), and air transportation (+7,000). All four of these component industries have surpassed their February 2020 employment levels, with particularly strong growth in warehousing and storage (+410,000) and couriers and messengers (+236,000).

Wholesale trade added 16,000 jobs in January, with gains in both durable goods (+11,000) and nondurable goods (+8,000). Employment in wholesale trade is 125,000, or 2.1 percent, lower than in February 2020.

Employment showed little change over the month in mining, construction, manufacturing, information, financial activities, and other services.

These data are from the Current Employment Statistics program and are seasonally adjusted. Data for the most recent 2 months are preliminary. To learn more, see "The Employment Situation — January 2022." Also see more charts of national employment, hours, and earnings data.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employment up by 467,000 in January 2022, down by 2.9 million since February 2020 at https://www.bls.gov/opub/ted/2022/employment-up-by-467000-in-january-2022-down-by-2-9-million-since-february-2020.htm (visited November 28, 2022).