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COVID upended the job market & focused employers on skills
COVID had few silver linings. But perhaps one of them is that it upended the labor market in ways that, for once, favored workers over employers.
The switch to virtual meant that recruiters were forced to urgently find people with the right digital skills instead of waiting for those that had gone to the "right" schools.
"The talent market became a little dry," Jonathan Rochelle, VP of Product Management, Learning Content & Instructor Experience at Linkedin, says during a Global Stage livestream discussion.
LinkedIn data, he adds, shows that the trend continues to grow.
Watch the full Global Stage discussion, live from the 77th UN General Assembly.
Carrots are dumped into a carrot washing machine at a farm in the state of Uttar Pradesh.
Hard Numbers: India needs non-agri investment, American women lag behind, WFH forever, Iranian job woes
90: India will need to create 90 million new non-agricultural jobs by 2030 to reach its economic potential, according to McKinsey. The pandemic drove tens of millions out of cities to work in farming back in their villages, but economists now say that the government needs to boost urban production to maximize growth.
63: The US economy has shed millions of jobs since March 2020, with female workers accounting for 63% of the lost gigs, according to the National Women’s Law Center.
91: A whopping 91% of Iranians surveyed say they feel negative about their local job markets. The Iranian labor market continues to be strangled by tough economic sanctions, but if a nuclear deal is reached in the near term, employment opportunities and industry will expand significantly, experts say.
59: Two years into the pandemic, 59% of Americans who can work from home say they are doing so all or most of the time. Before the pandemic, 23% said they worked from home frequently.