U.S. Job Market Overview, Business and Industry Trends Analysis

The Coronavirus epidemic of 2020-2021 altered the employment landscape dramatically.  Large numbers of outstanding companies were forced to lay off employees due to both a rapid decline in revenues and uncertainty about the future.  Hardest hit were the entertainment, retail and travel sectors.  At the same time, some surprising parts of the economy were badly hurt.  For example, most health care services, from dentists’ offices to surgery centers, saw big declines in employment, as many closed their doors, at least temporarily, to non-emergency patients.  By the beginning of 2021, many of these jobs in health care had come back.  Employment…

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