Oil Inventories and Jobs Recovery Scenarios Mar 05, 2021 US Jobs Scenario in Three Sectors and Backwardation in Oil By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Pandemic’s Possible Impact on Three Sectors Only 56% percent of jobs lost to pandemic have been recovered. State/local government revenues stressed like during the Great Recession. Innovation has reduced education costs through online classes. Technology is improving services, lowering costs in health care. Watch video SEE MORE ANNOUNCEMENTS