US economic restart, recovery will continue into 2021
The economic outlook and employment rate has been severely affected by the virus-induced lockdown and restrictions. With the resurge in the cases, things don't seem to go back to how one would have anticipated any time soon. The Kelley School of Business forecasted in November the U.S. economy restart will continue into 2021, but with some deceleration compared to previous years, according to an IU press release. According to this forecast, the output might regain the previous peak by mid-2021. However, the employment rate is unlikely to recover till 2022. To read more about this, click here.
Category
Organization & Employee Development
HR Software
Overtime Eligibility &
Cybersecurity
Executive Compensation
Employee Relations
Employee Engagement
Payroll
Retention
Labor Relations
Talent Acquisition
Communicable Diseases
Employment Offers
Business Continuity
Paid Leave
Dependent Benefits
Background Checks
Sexual Orientation
Mental Health Benefits
Bonuses & Incentives
Teamwork
Disaster Preparation & Response
People Management
Disability Accomodations
Employment Law & Compliance
Communication
Technology
Eligibility Verification (I-9)
Closing
Disability Benefits
Employment Testing
Hiring
Workforce Planning
Opening
Religion & Spirituality
Consultation
Contracts & RFPs
Privacy
Environmental Health Hazards
Job Applications &
Workplace Stories
Flexible Spending Account
Change Management
Mentoring & Coaching
Employee Conduct
Religious Accomodations
Benefits Compliance
Wellness Benefits
Inclusion, Equity &
Mental Wellness
Tags
Article
7 Signs That Tell You It’s Time to Quit Your Current Job
Last year, about 4,478,000 workers, which is approximately 3% of the workforce in the US (besides t ...
25+ Hiring Strategies To Help You Source Talented Candidates
Companies have resorted to digital hiring processes to ensure health, safety, and convenience to jo ...
10 Tips to Help You Ace an Online Interview Amidst COVID-19 Crisis
Online interviews have been rising in popularity for quite some time now. It has increased by 49% s ...
With Remote Working Being the New Norm, How to Hire the Best remote Workers
Before the advent of the COVID-19 pandemic, about 7 million people in the US alone were working rem ...
Comments