Thursday, June 11, 2020

The Payroll Losses Across the Country Because of the Lockdowns

The chart above shows part of the damage the lockdowns have created.

In April, 377 metropolitan areas had over-the-year decreases in nonfarm payroll employment and 12 were essentially unchanged. No region saw an increase in employment.

The largest over-the-year percentage losses in employment occurred in Atlantic City-Hammonton, New Jersey (−32.9 percent), Norwich-New London-Westerly, Connecticut-Rhode Island (−27.4 percent), and Barnstable Town, Massachusetts (−25.0 percent).

The largest over-the-year employment decreases occurred in New York-Newark-Jersey City, New York-New Jersey-Pennsylvania (−1,949,600), Los Angeles-Long Beach-Anaheim, California (−916,200), and Chicago-Naperville-Elgin, Illinois-Indiana-Wisconsin (−610,900).

The protesters/rioters came nowhere close to doing the damage the lockdowns have.


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