The Economics Daily

Bureau of Labor Statistics

The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2021/14-6-million-private-sector-jobs-lost-during-second-quarter-2020.htm. Highlights are below. 14.6 million private sector jobs lost during second quarter 2020 02/01/2021 During the second quarter of 2020, the difference between job losses and job gains in the private sector yielded a net employment loss of 14.6 million jobs. From March 2020 to June 2020, there were 20.4 million jobs lost at closing and contracting private-sector establishments. Over this period, there were 5.7 million job gains at opening and expanding private-sector establishments. This is the largest quarterly net job loss recorded in these data (which begin in 1992). HTML

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