Location, location, location. This phrase has been around for the better part of a century, but it’s even more relevant today. In an increasingly globalized world, with rapid shifts in the economy due to COVID-19, location strategy has certainly evolved. But it remains a critical part of any company’s success story.
The world changed overnight and so did business as we knew it. As a leading provider of labor data analytics, we want to help staffing firms ADAPT and GROW in this new environment.
Finally, May job postings pulled out of a seven-week nose dive. Weekly new job postings were, on average, up 134% from mid April, which was when new job postings (for now) officially bottomed out at 34% below the January/February average. By comparison, May’s new job postings by the third week were only 11% below the January/February average. So while there’s still a ways to go to match pre-COVID levels, May job postings were indeed on the rise.
In mid March, every major and minor US sporting event was canceled or postponed. This surreal move impacted approximately 1.3 million sports jobs in the US: furloughed, reduced, or erased. By mid June, sports occupations could also lose a total of $12.3B in earnings. That’s an average of $133.4 million in earnings every day, or $92.6K every minute.
What skills do you need to work at top U.S. companies like Amazon, Apple, ExxonMobil, and Walmart? Emsi analyzed millions of online job postings to see what skills these companies want and how they’ve changed over time. Hint: communications is a popular one.
Compensation is an important factor when considering a job, in any industry. In this article, we’ll look at the highest-paying industries (including wages and supplements like pensions, insurance plans, retirement, etc.).