Jobs Day: The End of COVID doomsday in the U.S.

Henri Kouam
6 min readJun 6, 2021


The COVID-19 pandemic is an unfortunate health and economic shock that bought the U.S. economy to a grinding halt. However, vaccine rollouts and the gradual reopening of the economy are causing the U.S economy to gradually return to pre-pandemic levels. The U.S. Bureau of Labor Statistics showed that in May 2021, total nonfarm payroll employment rose by 559,000, and the unemployment rate declined by 0.3% to 5.8%. The sectors that were most badly hit by social distancing measures and border closures appear to be recovering, with notable…

Henri Kouam

I am an economist and contributor to Nkafu policy, a think tank. I cover global economic, fiscal and monetary policy with policy and asset price implications.