Texas, Arizona Have Recovered All the Jobs Lost When Covid-19 Hit

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Texas, Arizona Have Recovered All the Jobs Lost When Covid-19 Hit
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Texas and Arizona are the latest states to recover all jobs lost at the start of the pandemic thanks to population growth, shifts by businesses and workers away from coastal urban areas WSJWhatsNow

—but so far the labor market that drove the most annual job growth ever last year hasn’t cooled.

Rich Gallagher, chief executive officer of Synergo Cos., a residential construction company based in Scottsdale, Ariz., said that “building has just been booming” throughout the Phoenix metropolitan area. But he added that the increased demand for housing in the area also made it even harder for him to find construction workers than before the pandemic.

“Arizona rapidly returned to its prior peak of employment because compared to the nation we didn’t fall as far,” Mr. Hammond said. “One big reason is because the stay-at-home order in Arizona wasn’t very restrictive.” According to recent Census Bureau estimates, Idaho, Utah, Montana and Arizona were the four states that saw the largest percentage growth in their populations from July 2020 to July 2021. Texas, meanwhile, saw the biggest numeric growth in its population of all states during that same period—an increase of more than 310,000 people, according to census data.

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