Page 8 - Career Fair April 2022
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The Lehigh Valley is leading                   Last year, the Lehigh Valley               – e-commerce — amid social
            Pennsylvania’s job recovery from added the most in a single                                  distancing protocols.
            the sharp economic downturn                   calendar year since at least                      Manufacturing, which took
            caused by the pandemic                        1990. Employment in the metro                  an initial hit due to the in-

            two years ago and is tracking                 region climbed to 383,100                      person nature of the industry,
            ahead of the national recovery,               in March. Employment had                       was among the first sectors in
            according to newly released                   dropped to a low of 308,100 in                 the Lehigh Valley to recover.
            data measuring the percentage                 April 2020. The Lehigh Valley’s                Employment was 41,000

            of employment recovered.                      strong recovery is rooted in                   jobs in March, exceeding

               In January, the Lehigh Valley              a balanced economy that                        pre-pandemic employment.
            became the first metropolitan                  had posted a record Gross                      Lehigh Valley manufacturers
            region in Pennsylvania to                     Domestic Product on the eve                    produced an economic output

            regain more than 90% of the                   of the pandemic, according                     of $7.9 billion, launching
            jobs lost since April 2020 amid               to George Lewis, LVEDC                         the region into a Top 50 U.S.
            business disruptions and                      Vice President of Marketing,                   market in 2020 despite the
            shutdowns aimed at stemming                   Communications & Research.                     drop in employment.

            the spread of COVID-19,                           “The Lehigh Valley                            Makers of non-durable
            according to data analyzed                    experienced robust job                         goods, such as food and
            by the Center for Workforce                   growth in the years leading                    many medical supplies, saw

            Information & Analysis at the                 up to the pandemic                             bigger employment gains in
            Pennsylvania Department of                    because of strong economic                     that sector over the last two
            Labor & Industry.                             fundamentals– diversified                       years — 1,400 jobs beyond

               Preliminary data for March                 industries, a strategic                        what it had in the onset of
       A Special Advertising Section of The Morning Call
            indicate that Lehigh Valley                   location in the Northeast,                     the pandemic, according to
            recovered 98.4% of the jobs lost.             and a talented work force.                     preliminary data from the U.S.
            Nationwide, 92.8% of jobs were                COVID did not change those                     Bureau of Labor Statistics.
            recovered and statewide 83%                   fundamentals,” Lewis said.                        “We saw in January
            in March, according to a Lehigh               “Once the pandemic-induced                     [2021] things starting

            Valley Economic Development                   business disruptions abated,                   to pick back up, and it’s
            Corporation (LVEDC) analysis of               we saw our economy pick up                     going gangbusters,” Shelly
            federal data.                                 in a very meaningful way.”
                                                                                                         McWilliams, President of
                The Lehigh Valley was                         Not all industry sectors                   Lehigh Valley Plastics, said

            among the top five regions in                  recovered at the same rate.                    during a virtual forum last
       |    the tri-state area (Pennsylvania, Employment in the retail and                               year. “We’re making as many
       2022, 28 April, Thursday  New Jersey, and Delaware) in  hospitality sectors is still below parts as fast as we can, trying


                                                          what it was at the beginning
            terms of employment growth
                                                                                                         to hire people and to meet this
                                                                                                         demand that is out here. It’s
                                                          of the pandemic. Those losses
            over the last year, according
                                                                                                         the switch.”
            of Philadelphia.
                                                          employment for the new retail
      8     to the Federal Reserve Bank                   are blunted by the increase of                 been a complete flip of
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