COVID-19 Effects On US Employment
COVID-19 Effects On US Employment https://www.kupplin.com/wp-content/uploads/2020/05/31619-1024x683.jpg 1024 683 kupplinadmin https://secure.gravatar.com/avatar/6eec4427dd031e16c8da4c63019a7497?s=96&d=mm&r=gThe COVID-19 pandemic has hit many of us.
As its primary health precautions, social distancing has made people stay quarantined. Preventing them to go out even for work.
The eCommerce sector has seen a big hit with delivery systems shutting down. The travel industry is experiencing the biggest hit for obvious reasons.
This has led to a major setback for the global workforce, including the USA, one of the largest economy of the world.
A data from McKinsey & Company suggests that the unemployment claims soared to 6,648,000 on March 28.
The chart shows the data from Mckinsey about unemployment claims in the US.
And, as of early May, more than 20 million Americans have applied for benefits.
This can bring a whole new change in the shape of the US economy. Because it will affect many people who depend on their daily income/wages.
As businesses see less demand and begin to lose money, they’ll begin laying off workers to cut costs.
Which professions are at risk, and where are they located?
The chart shows the professions which will take the most hit due to Pandemic.
Which class of workforce will take the biggest hit?
How to Avoid Unemployment after Pandemic? And, What to Do during Lockdown?
There is still some good news for people.
“Companies might not be hiring today, because they’re trying to figure out how to do business virtually, but they will be hiring,” says Danielle Beauparlant Moser, managing director and executive coach with bltCareers in Asheville, NC “The people who continue to relationship-build and share their ideas will be in a better position when companies start hiring.”
Take advantage of downtime
Most of us have a little more downtime these days: Use some of it to update your resume and LinkedIn profile, said Vinay Nayak, vice president of strategic sales and operations at recruiting agency Aerotek.
Clean up your social media pages
Make them what you want the employers to see.
Gather References
Try to connect with people who work at staffing agencies.
Do Some Research
Follow news on a regular basis. Find where are the new opportunities being created. Follow favourite companies on social media.
Boost & Enhance Your Skills
This is the time to work on your pending tasks, learn things that you haven’t. Learn new in-demand soft-skills.
Follow New Industries
Some industries haven’t been hit as hard by the pandemic as others. Many industries will always be in demand. Search for professions that are still functioning during the pandemic.
Contact A Staffing Agency
Yes. The staffing agencies are always on the run for new jobs for people. And they have a connection with most of the big companies that hire.
We at Kupplin Worldwide, are doing every bit to help people and be well connected with everyone. If you’re ever in need of a job, please contact us.
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