Americans on Payrolls Down 6.5% From Pre-Pandemic Peak: Chart

Friday’s U.S. jobs report is forecast to show that employers added 105,000 workers in January. That would follow the unexpected decline of 140,000 positions in December, underscoring a weak labor market as the coronavirus pandemic continues to restrain the economy. The total number of Americans on payrolls is down 6.5% from pre-pandemic levels.

(Updates with latest forecast figure as of 7:25 a.m. in Washington on Feb. 5.)

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Vince Golle in Washington at vgolle@bloomberg.net

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Sophie Caronello at scaronello@bloomberg.net

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