>>By the Numbers: March 20, 2020

By the Numbers: March 20, 2020

BountyJobs Bites

Upskilling a Priority But Many Don’t Have Option

The Numbers:

  • Upskilling employees is a must for most due to digitization and automation among other technological solutions
  • More than two-thirds of employees agreed that their companies provide training and instruction for upskilling
  • However, one-third of employees aren’t getting what they need in order to contribute to their place of work as the business quickly evolves
  • Source: Peppercomm and Echo Research

U.S. in Recession Driven by Covid-19

The Numbers:

  • The U.S. is now in a recession ending the economic expansion that began in July 2009
  • Normal activity is forecasted to resume in Q4 with a growth rate of 4%
  • The economy is expected to grow 1.5% in 2021 and a full recovery in 2022
  • Source: UCLA/Anderson Forecast

Amazon Hiring 100,000 New Workers Due to Covid-19

The Numbers:

  • Amazon says it is hiring 100,000 new full and part-time workers in the U.S. at its fulfillment centers and delivery network
  • Workers are needed due to the surge in demand from the Covid-19 pandemic
  • Workers will be paid an additional $2 per hour through April
  • Source: Amazon

    BountyJobs Reports – The New Dynamics of Recruiting: Critical Hiring in Talent Acquisition Survey Report

    The Numbers:

    • Almost half (46%) of employers are hiring for Operations roles with Customer Service & Support and Engineering & IT following close behind at 43% and 42% respectively
    • 40% of employers have over 100 open roles to hire for
    • 42% of third-party recruiters are planning to fill more jobs in 2020 than they did in 2019
    • Source: BountyJobs Survey

U.S. Workers More Likely to Stay Put

The Numbers:

  • Almost 53% of U.S. workers in Q4 felt they would stay with their current employers
  • The U.S. ranked number 1 across 40 countries, with the highest level of employee intent to remain with their current employers
  • Source: Gartner

Jobless Claims Fall, But Not Due to Coronavirus

The Numbers:

  • S. jobless claims fell by 4,000 on a seasonally adjusted basis from the previous week to 211K
  • This number signified that Covid-19 had not yet had an impact on the U.S. labor market
  • Source: U.S. Department of Labor

15 Million U.S. Jobs at Risk from Coronavirus

The Numbers:

  • These workers are mostly independent contractors, on-call workers, temporary help agency workers in industries ranging from healthcare to law
  • Source: Deutsche Bank

Companies Needing Workers Now

The Numbers:

  • In addition to Amazon, grocery chains such as Safeway, Albertsons, Kroger and HEB are hiring
  • Roles needed are cashiers, stockers, delivery drivers
  • Many businesses are experiencing shortages, closures, etc due to the coronavirus
  • Source: LinkedIn

Steep Unemployment Claims Hit Various States

The Numbers:

  • Ohio saw over 48K unemployment claims over Monday and Tuesday, a large lift over the 1,825 claims they saw over the same timeframe the previous week
  • Rhode Island received almost 7K new unemployment claims, up from 160 the week before
  • New York’s labor department reported a 65% increase in calls over the last week, and their website crashed due to the number of claims being filed
  • Source: State Reports
By |2020-03-18T19:58:37+00:00March 20th, 2020|Categories: Uncategorized|Comments Off on By the Numbers: March 20, 2020

About the Author:

Erin Geiger is a seasoned Content, Editorial, and Product Engagement professional with two decades of experience creating content as well as overall content direction and strategy. Her background stems from a variety of online verticals ranging from start-ups to Fortune 500 corporations.