The industry that's taking the worst beating
If you have been following updates on the COVID-19 pandemic and its implications on the US job market, you would know that there has been not a shred of good news to report. Job cuts have been in the tune of millions, but one sector suffers more than others. According to BLS, the job losses for April stood at 20.5 million, out of which 1.3 million were from manufacturing, 2.1 million in retail and 2.5 million in education and health services. But the hardest hit of all was the leisure and hospitality industry with a whopping 7.7 million job losses. While a 217k was the number of jobs cut in the leisure and spectator sports industry, 5.5 million were cut in food services alone. Read the whole article for deeper insights.
Category
Cybersecurity
Background Checks
Drug & Alcohol Testing
Records & Reports
Promotion
Social Media
Hiring
Electronic Records Management
Consultation
Talent Acquisition
Work Life Integration
Retirement Benefits
Disability Accomodations
Contracts & RFPs
Employment Contracts
Flexible Spending Account
Ethnicity
Hiring & Firing
Religious Accomodations
Leave Management
Employment Law & Compliance
Sexualy Harassment
Gender Identity
Employee Resource Groups
Fiduciary Duty
Organizational &
Relationship Management
Mental Wellness
Disaster Preparation & Response
Contemporary Issues
Affirmative Action
HR Careers
Parental Leave
Onboarding
Teamwork
Workplace Stories
Learning & Development
Communication
Work Visas
Executive Compensation
Religion & Spirituality
Investigations
Vendors & Software
Global Mindset
Risk Management
Open Enrollment
Health Care Benefits
Business Acumen
Benefits
Organizational Structure
Tags
Article
Why Work With Staffing Agencies To Hire Your Temporary Workers
Recruitment is getting more challenging day by day. Layers of complexities have emerged with the pa ...
A Quick Look at The Great Resignation
The Great Resignation, as experts call it, is a rather fitting term for a phenomenon where millions ...
Return to Office: Tips to cope with Change
The past two years have been a roller coaster ride, we’ve all acclimatized ourselves with the work ...
The Future of Gig Employment
There’s no denying that the gig economy has seen much growth since the last recession. With the spr ...
Comments