The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 

18 Nov. 2020 | Comments (0)

We react to the October jobs report and then discuss the Top 10 Pandemic Job Market Trends. The U.S. economy and labor market are experiencing a very unusual recession. As the fallout from COVID-19 continues, we identify the biggest trends involving the U.S. job market that business leaders should be aware of.

Join our panel of economists from The Conference Board—Gad Levanon, Vice President Labor Markets, Elizabeth Crofoot, Senior Economist, and Frank Steemers, Economist—as they explain the following critical COVID-induced trends:

1. After a summer hiring sprint, job gains are slowing
2. It is still difficult to find qualified workers
3. People are leaving the labor force
4. Goods and services have switched places
5. A k-shaped recovery is playing out in labor metrics
6. Salary cuts and wage bifurcation are likely to continue
7. Remote work is now en vogue
8. City centers are in deep recession
9. The coasts shouldered the brunt of job cuts
10. Large metro areas and vacation destinations were hardest hit

Related reading:
Gad Levanon, “The Top 10 Pandemic Job Market Trends,” Forbes, October 19, 2020.


  • Indications Podcast

    Indications Podcast

    Indications is a public podcast featuring our global roster of thought leaders. Ranging from economic growth and competitiveness to human capital, governance, sustainability, and beyond, each episode is a serious conversation grounded in data and insights that will keep you ahead of the curve in a turbulent world.             

    More from Indications Podcast


0 Comment Comment Policy

Please Sign In to post a comment.

    INDICATIONS | Play All Episodes



    Containing the Pandemic Public Debt

    Containing the Pandemic Public Debt

    May 17, 2021 | Committee for Economic Development

    Employment Cost Index 2021Q1

    Employment Cost Index 2021Q1

    May 14, 2021 | Charts





    Support Our Work

    Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.