Tuesday, February 9, 2021

Our K-shaped recovery: Dallas has regained almost all its lost jobs of the past year - if you exclude leisure and hospitality losses via Dallas Morning News

The pandemic economy has created sharply uneven outcomes, devastating some industries and families while improving the prospects for others.

The recovery is proceeding in a similar K-shaped fashion with some job sectors mired in high unemployment while others are posting strong growth.

Such disparities extend to regions, too. Consider this: By the end of December, the Dallas-Plano-Irving metro division had recovered nearly all its lost jobs over the previous 12 months -- if the hard-hit leisure and hospitality sector were excluded.

Read more...Our K-shaped recovery: Dallas has regained almost all its lost jobs of the past year - if you exclude leisure and hospitality losses via Dallas Morning News

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