Small business hiring is recovering
May 20 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Ben Cheng, Senior Methodologist, Data Analytics, The Conference Board | Comments (0)
Early signs from the HWOL data series suggest small employers are leading the ramp up in hiring as the economy begins to reopen.
From appliance repair to amusement parks, which goods and services will see the biggest drop in business?
April 27 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Elizabeth Crofoot, Senior Economist, Labor Markets, The Conference Board | Frank Steemers, Economist, The Conference Board | Comments (0)
Some of the catastrophic economic and labor market statistics from recent weeks are actually not that important. The bigger question is what happens when the economy opens. While businesses will reopen and millions will return to work, recovery is unlikely to be complete for quite a while. We discuss which consumption categories will see the biggest drop in business during the (slow) recovery.
The first wave of COVID-19's impact on hiring
April 17 | Agron Nicaj, Associate Economist, The Conference Board | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Comments (0)
In the current economic crisis caused by the COVID-19 pandemic, employers are laying off millions of workers and significantly cutting back on hiring new employees. Many businesses are no longer able to operate, or their operations have been limited, resulting in less demand for workers. The Conference Board®-Burning Glass® Help Wanted OnLine™ (HWOL) data series, collects millions of online job ads in real-time and classifies them by occupation, industry and location. This allows us to see which
Vive la France: a government system to save jobs by temporarily furloughing workers
April 16 | Ilaria Maselli, Senior Economist, The Conference Board | Klaas de Vries, Economist, The Conference Board | Comments (0)
Unemployment insurance claims soared by over 16 million in the US in the last two weeks of March and the first week of April. There are no comparable figures for the Euro Area yet. However, despite a similar economic shock resulting from social distancing and other containment measures impacting workers and their companies, we do not expect a similar increase in unemployment in Europe.
If staying home comes to stay: the rise of telework and the decline of city centers
April 15 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Comments (0)
Pandemic-related restrictions mean a large share of American workers are now working entirely from home, many for the first time.