The April jobs report announced that unemployment is at 6.1%, a slight increase from the 6.0% reported in the March employment report.
There are still currently 9.8 million people unemployed, down a considerable amount from the high of April 2020 when we first began seeing the effects of the pandemic.
Employment in leisure and hospitality increased by 331,000 in April, with 187,000 being specific to foodservice and drinking places. The industry has added back 5.4 million jobs over the year, but employment is still down by 2.8 million since February 2020. The unemployment rate is at 10.8%, decreased from 13% reported in March.
From the Bureau of Labor Statistics
The number of temporary layoffs – or furloughs – is at 2.1 million, down from the 18.0 million in April 2020, but still 1.4 million higher than in February 2020 (pre-pandemic).
9.4 million persons reported in April that they had been unable to work because their employer closed or lost business due to the pandemic. This includes those that did not work at all and those who worked fewer hours. This is down from the 11.4 million reported in March.
The Department of Labor reported that another 498,000 workers filed for unemployment the week of May 1st, a decrease of 92,000 from the previous week.