It’s taken 2 1/2 years but US employment is finally above its pre-pandemic level.
A 315,000 gain in August payrolls from a month earlier pushed total employment to 152.744 million. That’s some 240,000 jobs more than in February 2020, when Covid-19 walloped the economy and threw the labor market into a tailspin, Labor Department data showed Friday.
By industry, professional and business services has seen the largest employment growth -- up more than one million since February 2020. Transportation and warehousing payrolls have increased nearly 750,000.
High-paying sectors such as information and finance have also witnessed robust gains. ...
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