The monthly jobs report showed that some of the biggest gains were in industries such as leisure and hospitality, health care, and accommodation and food services, which all were hit hard during the pandemic.
There were also notable monthly job losses in technology and interest-rate-sensitive sectors that surged during the pandemic and are now rebalancing as consumers shift spending toward services.
Industries such as information, finance, retail, transportation, and professional and business services all shed jobs between November and December.
Some of those losses are likely an effect of the waves of mass layoffs hitting the tech industry, said Ken Kim, a senior economist at KPMG.
“We are seeing a little bit of spread to other areas,” he told CNN.
Jobs added by major sector between November and December 2022
Total: +223,000 to 153.7 million
Mining and logging: +4,000 to 644,000
Construction: +28,000 to 7.78 million
Manufacturing: +8,000 to 12.9 million
Wholesale trade: +12,000 to 5.9 million
Retail trade: +9,000 to 15.8 million
Transportation and warehousing: +4,700 to 6.5 million
Utilities: +1,600 to 544,400
Information: -5,000 to 3.1 million
Financial activities: +5,000 to 9 million
Professional and business services: -6,000 to 22.4 million
Education and health services: +78,000 to 24.9 million
Leisure and hospitality: +67,000 to 16.1 million
Government: +3,000 to 22.4 million
Source: Bureau of Labor Statistics
