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Employment in professional and business services up by 97,000 in January 2021
February 09, 2021
Total nonfarm payroll employment changed little in January 2021 (+49,000) but is below its February 2020 level by 9.9 million, or 6.5 percent. Employment in professional and business services rose by 97,000 in January but is down by 825,000 since February 2020.
1-, 3-, 6-, and 11-month net changes in nonfarm payroll employment, January 2021
Industry
1-month change
Current 3-month change
Current 6-month change
Change since Feb 2020
Mining and logging
9,000
15,000
16,000
-81,000
Construction
-3,000
63,000
195,000
-256,000
Manufacturing
-10,000
62,000
180,000
-582,000
Wholesale trade
14,300
44,600
94,800
-263,000
Retail trade
-37,800
95,000
483,900
-383,000
Transportation and warehousing
-27,800
71,700
274,200
-164,000
Utilities
600
-1,000
-400
-8,000
Information
16,000
22,000
80,000
-242,000
Financial activities
8,000
36,000
136,000
-93,000
Professional and business services
97,000
348,000
929,000
-825,000
Education and health services
-7,000
5,000
355,000
-1,325,000
Leisure and hospitality
-61,000
-587,000
211,000
-3,880,000
Other services
7,000
-14,000
158,000
-463,000
Government
43,000
-75,000
-48,000
-1,327,000
In January, employment in leisure and hospitality declined by 61,000, following a steep decline in December (-536,000). Since February 2020, employment in leisure and hospitality is down by 3.9 million.
Wholesale trade continued to add jobs in January (+14,000). However, employment in the industry is 263,000 below its February 2020 level. Retail trade lost 38,000 jobs in January, after adding 135,000 jobs in December. Employment in retail trade is 383,000 lower than in February 2020.
Employment in transportation and warehousing declined by 28,000 in January and is 164,000 lower than in February 2020.
Employment in manufacturing changed little over the month (-10,000), following 8 months of growth. Employment in manufacturing is up by 803,000 since April 2020 but is 582,000 lower than in February. Construction employment changed little over the month (-3,000), after increasing for 8 consecutive months. However, employment in the industry is down by 256,000 since February 2020. In January, employment changed little in other major industries, including information, financial activities, and other services.
United States Department of Labor
