Recruitment Insights – Coronavirus 4/13/20

April 13, 2020

Coronavirus Brings Record Jobless Claims

The Coronavirus Pandemic has had an immediate impact on a job market that was at record unemployment lows just two months ago. Nationwide unemployment in February was 3.55%, jumping to 4.44% in March. April will assuredly be even higher

• Jobless claims are over 16 million in three weeks.
• The nation has lost 10% of the workforce.
• Track the DOL claims for each individual state here.
• Interactive map with each state’s jobless numbers and change from the previous year.

Some Major Hiring Initiatives During The Pandemic

Although much of the focus has been on mass layoffs across the country, there are some that have needed to step up recruiting efforts as they are being overwhelmed.

• Amazon just announced plans for yet another 75,000 jobs.
• The U.S. Postal Service is posting over 1077 jobs every day.

Retirees Are Being Sought After

Even with a huge number of talented individuals are available for hire, both the U.S. Army and the U.S. Postal Service are pursuing retirees to fill their rising hiring needs.

• Here is more information on the USPS.
• The Army is searching for retired medical personnel.

Your Employer Brand During the Pandemic

During these difficult times layoffs, furloughs, and preserving as much of your current staff as possible are front and center in your efforts. However, you must remember that what you do now will have an impact our your employer brand for years to come.

• Employer Branding during the Pandemic.