43.9%

September 11, 2020 | Number of The Day
Year-over-year job losses in leisure and hospitality, July 2019 to July 2020, NY-NJ-PA metro area

The latest employment numbers from the U.S. Bureau of Labor Statistics indicate that travel and leisure shed the most jobs of any sector in the New York-New Jersey-Pennsylvania metro area, down 43.9%, or 439,800 jobs. This compared with a 24.2% decline, nationally.

Trade, transportation and utilities lost 200,000 jobs, over the same period, and three other supersectors each lost more than 150,000 jobs year over year: business services (-185,000), government (-151,100) and education and health services (-150,900).

Total nonfarm employment for the NY-NJ-PA metropolitan statistical area stood at 8,625,900 in July 2020, down 1,354,700, or 13.6%, over the year. Martin Kohli, the bureau’s chief regional economist, noted that the employment total for the New York area was the lowest July count since 2011.