Emsi was pleased to partner with Mid-America EDC for a recent webinar on understanding the various economic and labor market impacts of COVID-19. We dove into economic impact analysis, the ins and outs of the Input-Output Model, the uniqueness of essential/non-essential workers by MSAs, and how to evaluate ways to pivot a workforce to resilient, in-demand fields.
The full webinar is embedded here and a breakdown of the discussion is below.
Economic Impact Analysis
Essential vs. Non-Essential Industries
Workforce and jobs
Pivoting to In-Demand, Resilient Skills (35:48)
High Risk Occupations (38:07)
Occupations in Large Group Settings (39:40)
Need for Resilient Labor Force (42:26)
Using Job Posting Data to Determine In-Demand Skills (45:15)
For more insights on understanding the economic impact of COVID-19 and strategies for building a recovery plan, download our COVID-19 Recovery Guide.