US Industries That Have Suffered Worst Job Losses

A number of industries relying on in-person interaction and customers have faced steep declines in employment, a new U.S. Census Bureau report has found.

Electronic stores, women’s clothing stores, hotels (although not casino hotels), motels and full-service restaurants saw large employment decreases between 2017 and 2022, suggesting that the demand for in-person consumer services is declining, something that was intensified by the pandemic.

Cost-cutting is often a major reason for large layoffs in companies and business, meaning that the industries most affected by job losses are likely to be the ones struggling to generate revenue, typically due to changing consumer trends.