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State Employment Relative to Year Ago

Summary:
The map below shows the geographic variation in the decline in nonfarm payroll employment relative to August 2019. Nationwide, the decline is 6.8% (NFP growth was trending at 1.6% up to February 2020, 1.3% up to August 2019). Figure 1: Change in nonfarm payroll employment, August 2019 to 2020, in % (decimal form). Darker indicates a bigger drop. Source: BLS, accessed 9/18/2020. Clearly, we are not back to where we were…

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The map below shows the geographic variation in the decline in nonfarm payroll employment relative to August 2019. Nationwide, the decline is 6.8% (NFP growth was trending at 1.6% up to February 2020, 1.3% up to August 2019).

Figure 1: Change in nonfarm payroll employment, August 2019 to 2020, in % (decimal form). Darker indicates a bigger drop. Source: BLS, accessed 9/18/2020.

Clearly, we are not back to where we were…

Menzie Chinn
He is Professor of Public Affairs and Economics at the University of Wisconsin, Madison

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