Jobs That Could Grow During the Pandemic and Recession
No one really knows the extent to which the coronavirus pandemic will affect the economy or when the economic hardship that it triggered will end. What is certain, health officials say, is that the virus remains a threat; and will continue to affect the labour market for the foreseeable future. Data suggest some kinds of jobs may be more recession-proof than others. Also promising; some companies are aggressively hiring to cope with a surge in demand as consumers’ buying habits have changed during the pandemic.
Some Jobs Aren’t Coming Back…
It’s no news that, the lockdown affected some industries more than others. The arts, hospitality, recreation, and entertainment sectors suffered the most. Half of these workers suddenly found themselves jobless and they won’t be going back anytime soon. Bringing all those people back to work is likely to prove very challenging. As long as the disease remains a significant issue, demand in the most affected industries will continue to lag. “That means that many people who were employed in those industries will need to seek jobs elsewhere.”
… But Opportunities Exist
Despite the tumult, economic activity hasn’t ground to a complete halt. Online commerce has surged, and companies like Amazon and Walmart are scrambling to meet demand and expand capacity. “Efforts to reshore parts of the supply chain; and to build more robust manufacturing systems, will likely mean that jobs will become available in manufacturing and related industries”. Data from LinkedIn and staffing agency Adecco support this; delivery drivers, warehouse and construction workers have been among the most in-demand positions since the pandemic began.
Tech and Medicine Are Still Promising
Some kinds of jobs were thriving before the pandemic and will continue to be in demand during the recession, says Andrew Chamberlain, chief economist with Glassdoor.
“Technology, healthcare, and e-commerce workers will be largely insulated and may experience a boom thanks to growing demand for remote work software (like video meetings and instant messaging apps), health services, and online shopping.” Occupations expected to have the newest openings include well-paying, specialized professions like software developers.
Software Developer
The people who write and maintain the code that gives life to your laptops, smartphones, and everything else digital have been in demand as workers for years and this isn’t changing anytime soon. Software developer jobs can be very lucrative and don’t require formal training, though many people in the field have a degree in computer science or a related field.
Some Kinds of Retail Will Thrive
Sales of clothing, furniture, and large appliances and electronics all took a severe hit in the early weeks of the pandemic, falling by two-thirds or more, according to Deloitte’s Bachman. Spending has rebounded, but whether that continues is anyone’s guess if the pandemic forces bricks-and-mortar businesses to close again. Online and “essential” retail is another matter; it has thrived. This is reflected in where demand has been since the pandemic began. Instacart made a splash in late March when it said it planned to hire 300,000 people over the following three months, and major grocers, drugstores, and big-box retailers including Kroger, Walgreens, and Walmart have made similar announcements.
Logistics and Warehousing is Also Hot
Retail, especially online retail, can’t function without an army of support staff who do the work of getting your order from Point A to Point B. Between March 2 and May 11, the jobs with the most growth included grocery and warehouse managers, warehouse workers, and IT specialists.
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Culled from: Cheapism.
