Wednesday, April 21, 2021
We exit Q1 2021 with a few bright spots. The U.S. unemployment rate is at a much more stable 6.2% —down from its peak in April 2020 of 14.7%. Only five states, including California, have minor business opening restrictions related to COVID-19 – all other states are open for business – and the vaccination rates continue to increase.
As we get back to some level of normal, our team continues to track the predictive workforce volatility analytics derived from our Total Talent Intelligence® platform. Worker sentiment and their likelihood to explore new job opportunities and job category volatility variability have been leading indicators of economic and workforce management impacts during the pandemic.
Our latest flash report highlights volatility across Major Industry Sectors and the Top 35 Job Categories found in our proprietary database. Overall, we’re starting to see stabilization across Sectors and Job Categories with a few notable exceptions. Download our report for additional information and insights.
Download our complimentary Q1, 2021 benchmark report to find out more about the labor market changes we’re seeing by completing the form below.