The May numbers reflect a period when most counties had moved out of the strictest, Tier 1 restrictions. Not surprisingly, as businesses were allowed to move towards more relaxed operating conditions, the job numbers came in higher than previous months. Gains in employment, however, remained subdued in the seasonally adjusted numbers but more in line with jobs growth in the more relevant unadjusted numbers.
Job growth was seen across all three wage levels. While the lower wage industries again experienced somewhat higher growth, their overall recovery status remains the lowest. All wage levels remained above the previous recovery peak reached prior to the state’s renewed stay-at-home orders at the end of last year, regaining that lost economic ground and showing positive steps in recovery.
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