The January jobs report showed that payrolls increased by 517,000 workers last month, faster than expected, as bars and restaurants hired more workers.
were broad-based last month, the leisure and hospitality sector – the hardest hit by the COVID-19 pandemic – led the way in hiring, adding another 128,000 workers last month. Bars and restaurants accounted for the bulk of those gains, adding 98,600 workers in January. Hotels saw payrolls grow by 14,800, while amusement, gambling and recreation places onboarded 11,200 workers.
Employment in the leisure and hospitality industry still remains about 495,000 – or 2.9% – below its pre-pandemic levels. "The leisure and hospitality sectors added jobs again this month but still roughly a million below pre-pandemic levels," said Jeffrey Roach, chief economist at LPL Financial. "Companies in these sectors are likely struggling to find workers. Those who worked in these sectors have likely moved on to other industries.
Another big source of job creation in January was the government, which saw hiring climb by 74,000 last month. Within the sector, notable hiring gains took place in state government education and local government education . was another component behind the blowout jobs report.
Those increases helped to make up for declines in the information industry, which fell by 5,000 in January. The losses stemmed from a drop of 2,700 in broadcasting and content providers, a 1,400 decline in telecommunications and a 1,300 deficit in the publishing industry.
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