COVID-19 wreaks economic havoc, spurs health care hiring
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With all the economic carnage that the COVID-19 pandemic is causing, one thing it’s not leading to is trouble in the job market.
So far, there’s no evidence in the data that companies are laying off workers or holding back on hiring while business activity and consumer demand slack off.
The job sites ZipRecruiter and Glassdoor both report a spike in job openings related to the spread of COVID-19 in the U.S.
“There is a wide mix of skills needed [and] that is reflected in the income spectrum, as well,” said Daniel Zhao, a senior economist at Glassdoor, who added that the surge in demand includes some highly paid healthcare jobs.
“[From] epidemiologists or virologists to registered nurses, down to call center or front-desk workers who are helping handle the influx of community questions,” Zhao said, as well as foreign language speakers to get public health information out.
April Hansen at staffing agency Aya Healthcare said her firm’s recently had more calls to fill temporary job postings for physician assistants and nurse practitioners.
“Many health systems are setting up more mobile care units — tents in their parking lots to help triage the number of walk-in patients,” Hansen said.
Her firm is also providing emergency workers to clean and disinfect health care facilities.
COVID-19 Economy FAQs
What’s the latest on the extra COVID-19 unemployment benefits?
As of now, those $600-a-week payments will stop at the end of July. For many, unemployment payments have been a lifeline, but one that is about to end, if nothing changes. The debate over whether or not to extend these benefits continues among lawmakers.
With a spike in the number of COVID-19 cases, are restaurants and bars shutting back down?
The latest jobs report shows that 4.8 million Americans went back to work in June. More than 30% of those job gains were from bars and restaurants. But those industries are in trouble again. For example, because of the steep rise in COVID-19 cases in Texas, Gov. Greg Abbott, a Republican, increased restrictions on restaurant capacities and closed bars. It’s created a logistical nightmare.
Which businesses got Paycheck Protection Program loans?
The numbers are in — well, at least in part. The federal government has released the names of companies that received loans of $150,000 or more through the Paycheck Protection Program.
Some of the companies people are surprised got loans include Kanye West’s fashion line, Yeezy, TGI Fridays and P.F. Chang’s. The companies you might not recognize, particularly some smaller businesses, were able to hire back staff or partially reopen thanks to the loans.
You can find answers to more questions on unemployment benefits and COVID-19 here.
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