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Saturday, November 16, 2024

A look at Industry Level Employment from the Covid Pandemic

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Covid | Pexels by Miguel Á. Padriñán

Covid | Pexels by Miguel Á. Padriñán

In March it was revealed that total nonfarm employment in North Carolina returned to pre-pandemic levels by the summer of 2021. The release of the Q2 2022 Quarterly Census of Employment and Wages (QCEW) data gives us an opportunity to dig deeper into the employment numbers to understand which industries have grown through the COVID recovery and which ones have still not recovered. Between Q2 2019 and Q2 2022, NC employment across all industries grew almost 4% (178,855 jobs).

Since QCEW data is not seasonally adjusted, we need to compare it year over year. With the COVID recession starting in Q2 2020, we will use the Q2 2019 numbers as our pre-COVID baseline. It should be noted that workers who are self-employed or are independent contractors are not reflected in QCEW data.

Original source can be found here.

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