Contracting Industries - COVID Impact on Employment by Industry

Axiomatic Data conducted an analysis of the industries that lost the most employees from 2020 to 2021, ostensibly due to COVID-19.

This is based on employee counts found in Form 5500 filings, which track all US companies that have either a qualified retirement plan or have 100 employees covered by a welfare or benefit plan. Not surprisingly, industries that heavily rely on people gathering were among the biggest losers of employees. Filings over the next few months should show which of these industries have bounced back.

worst 10 industries 2021 2020