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How have the recent crises affected the demand for labor in the US? How will the...

How have the recent crises affected the demand for labor in the US? How will the labor market change? What types of skills and jobs will be more prevalent? How will this affect your decisions about targeting a particular field or skill?

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The recent crisis has caused unprecedented challenges as highest number of layoffs has been in the middle management and senior management leading to more than 11 percent rate of unemployment. Thus the labor market shall become more concentrated towards top performers who have retained jobs and significant outflow of jobs shall occur in worst performing sectors like real estate, construction, infrastructure, mining, etc.

Skills which will be more prevalent shall be emerging like Artificial intelligence, machine learning, UI and UX development, leadership, critical thinking, etc.

This will lead to targeting of roles in sectors like Education, Pharmaceutical, banking, FMCG which deploy above skills and have higher aggregate demand for job opportunities amidst Covid 19 pandemic.

PLEASE UPVOTE INCASE YOU LIKED THE ANSWER WILL BE ENCOURAGING FOR US THANKYOU VERY MUCH ALL THE BEST IN FUTURE

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