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| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 14 | 0.00% |
| 2020 | 11 | 0.00% |
| 2019 | 11 | 0.00% |
| 2018 | 10 | 0.00% |
| 2017 | 10 | 0.00% |
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $37,907 | $18.22 | +2.8% |
| 2025 | $36,857 | $17.72 | --0.1% |
| 2024 | $36,912 | $17.75 | +0.5% |
| 2023 | $36,722 | $17.65 | +1.1% |
| 2022 | $36,319 | $17.46 | +1.6% |
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 421 | 61% |
| 2 | Vermont | 623,657 | 197 | 32% |
| 3 | North Dakota | 755,393 | 232 | 31% |
| 4 | Rhode Island | 1,059,639 | 295 | 28% |
| 5 | Utah | 3,101,833 | 834 | 27% |
| 6 | Minnesota | 5,576,606 | 1,427 | 26% |
| 7 | Wyoming | 579,315 | 152 | 26% |
| 8 | Georgia | 10,429,379 | 2,587 | 25% |
| 9 | Washington | 7,405,743 | 1,835 | 25% |
| 10 | Delaware | 961,939 | 237 | 25% |
| 11 | Oregon | 4,142,776 | 979 | 24% |
| 12 | Iowa | 3,145,711 | 759 | 24% |
| 13 | Montana | 1,050,493 | 251 | 24% |
| 14 | Alaska | 739,795 | 174 | 24% |
| 15 | South Dakota | 869,666 | 197 | 23% |
| 16 | North Carolina | 10,273,419 | 2,240 | 22% |
| 17 | New Jersey | 9,005,644 | 1,993 | 22% |
| 18 | Indiana | 6,666,818 | 1,446 | 22% |
| 19 | Massachusetts | 6,859,819 | 1,425 | 21% |
| 20 | Maine | 1,335,907 | 280 | 21% |

Farmingdale State College

Farmingdale State College
Department of Economics
Xu Zhang Ph.D.: There are a few trends in the current job maket.
- Slow recovery. Based on the December job market reports released by the U.S. Bureau of Labor Statistics, the job market slowly recovered since April, but about 44% of the prepandemic jobs have not been gained back. Between March and April, about 22.16 million jobs were lost. The U.S. labor market started to revive in May, and since then until December the market experienced 23.32 million job gains, roughly 56% of pre-pandemic level. The unemployment rate decreased gradually from April (14.8%) to December (6.7%), but still almost twice its pre-pandemic level in February (3.5%). Additionally, although the number of unemployed persons dropped from 23.11million in April to 10.74 million in December 2020, there is still a huge gap compared to 5.72 million in February.
- Uneven impacts by industries. While overall economy was hard hit by the pandemic, the job losses disproportionally impacted industry sectors. Service industries such as educational service, elective healthcare, arts, entertainment, recreation, accommodation and food services, have been hurt the most due to social distancing. Other job losses in retail service sector were related to a boom on online shopping. In addition, teenagers experienced record high unemployment rate which is associated with lack of experiences and working in hard-hit service industries.
- More employers embracing remote work. The perception of remote work has totally changed during the pandemic. After experiencing sudden changes to remote work and managing the obstacles working at home, more and more workers and employers embrace remote work, which would expand the layouts of job hunting and talent search to larger geographic areas.