Weekly Insights: COVID-19, The Labor Market & Jobs

October 30, 2020 —  Each week, Indeed shares the latest information on the impact COVID-19 is having on the labor market, job seekers and employers.

Here’s what happened the week of October 26, 2020:

  • Chief Economist Jed Kolko wrote an article for the New York Times “Upshot” column, discussing employment changes in red and blue states. 
  • Economist AnnElizabeth Konkel spoke with Marketplace about holiday retail hiring trends in the US. She indicated that hiring in some parts of retail are strong, saying, “one that is doing particularly well is loading and stocking.”
  • Indeed conducted a survey of American remote workers to determine what they miss about going into the office, and what challenges they face while working from home. Lead with Indeed released a report with the findings here
  • Indeed Career Guide released a list of the 20 most-requested certifications by employers in 2020.
  • Companies are still hiring. Over 500,000 jobs are added to Indeed each week in the U.S. alone. Here are just some of the companies who are hiring right now:
    • Chase
    • Apple
    • Amazon.com
    • Allstate Insurance
    • Accenture
  • So far in 2020, the trend in job postings, a real-time measure of labor market activity, was 14.5% lower than in 2019, as of October 23, another week of improvement. 
  • Indeed has rolled out several product updates to help those whose jobs have been impacted by COVID-19. More information on how job seekers can use these tools to quickly and easily connect with employers in a way that reflects the social distancing and shelter-in-place measures can be found here. 

 

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