Communications Specialist for Insperity Recruiting Services, specializing in employment branding and recruitment marketing.
A few short months ago, the U.S. unemployment rate dropped to 3.5%, its lowest since 1969. The economy had added jobs for nearly eight straight years, and the resulting candidate’s market often afforded job seekers their pick of multiple offers. Then, suddenly, everything changed. An unexpected global pandemic caused the unemployment rate to shoot up to 14.7% in less than two months. Seemingly overnight, employees who considered their jobs secure were now out of work.
In the months from April to July, the economy began to slowly recover, with the unemployment rate falling to 10.2%. However, 16.3 million Americans are currently unemployed, an increase of 10.6 million since February. Now, there are two types of workers/prospective workers: those looking for a job, and those who should be prepared to look for a job. Though Covid-19 has