Which sectors are adding jobs
Across the U. S, more than 1 in 5 job openings at the end of February was in health care and social assistance, according to Labor Department data. Pharmacies are also staffing up. Walgreens is looking to fill 9, full- and part-time jobs in its retail stores to help with the vaccine rollout, while CVS is looking to add 50, more jobs. In addition to nurses, pharmacists and pharmacy assistants, open jobs include customer service or patient care roles that don't require medical licensing.
Meanwhile, some cities including New York are recruiting a "vaccine corps" of medical and non-medical workers to encourage residents to get vaccinated and help them through the process.
With 8 million fewer workers on payrolls today than before the pandemic, it's hard to imagine employers having trouble finding applicants. But the industries growing today don't neatly match up with those that were hit hardest last year. The hospitality sector, for instance, is still down nearly 3 million jobs since last March. Hiring this September was lower than usual, resulting in a decline after seasonal adjustment," the Labor Department said in a release.
The anemic public sector print weighed on the headline September jobs report, which showed the U. That was well short of the , expected. The unemployment rate fell from 5.
CNBC studied the net changes by industry for September jobs based on data contained in the government's employment report. While economists were quick to blame the unseasonable education figures for a disappointing payrolls number, most industries in the private sector posted decent numbers last month. And even with job creation slowing, the headline unemployment rate still fell to 4.
Part of the problem is that some firms are finding it difficult to find people to take up vacant positions.
There were notable gains in the leisure and hospitality industry after rather flat figures for the sector in August and September. The same was true for storage and transportation companies, which will come as welcome relief to those concerned about the risk of inflation. Inflation has been increasing as a result of the stimulus but also due to a disruption in the supply chain.
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