What Industries Will Bounce Back Strong from COVID?

Construction, Manufacturing, and Energy are high on the List

As the summer months are upon us, and with phased reopening’s taking place across the country, businesses are starting to see a semblance of the new normal. With the May job reports out, and according to the Bureau of Labor Statistics, over a million restaurant workers returned to work.  Construction saw a rebound, with almost half a million jobs added in May. Retail, healthcare workers, dentists, delivery personnel, and janitors also saw an increase in employment, accounting for a total of 2.5 million overall jobs. Wondering what other industries are best suited for major comebacks and how that may affect your job search? Read on to find out. 

Online commerce is here to stay

Companies that have done well and continue to do so through COVID-19 include Amazon and Google. Just ask any UPS or FED Ex delivery driver how many packages a day they deliver. One survey notes eCommerce behaviors will only increase post-pandemic. And according to a recent Forbes report, COVID-19 has accelerated online shopping growth by two to four years. Looking for a job with these companies has never been easier as they offer local searches of available positions. Click here to search for employment with Amazon where you’ll find everything from customer service roles to warehouse and logistics. 

To some, it may also seem as if businesses are going through a renaissance period. Working from home has made us realize you don’t necessarily have to visit a client in-person to close a deal. Zoom, Microsoft Teams, and Skype are now serving that purpose, and companies are saving money as a result. On the downside, according to one commercial real estate investor we spoke to two out of three regional restaurants will close. Brick and mortar shops are also suffering and were already on the decline before the COVID-19 pandemic. As such, there are more chapter 11 filings than ever right now. 

Remote work is a good thing

With no definitive answer on when people can return to office environments, about 50 percent of businesses could close. We’ve all been thrown into this experiment, and no one knows for sure what our new normal will look like in the coming months. But one thing is for sure, remote work is taking off and could redefine what doing business looks like for many.  For tips on the virtual interview, be sure to click here. 

Jobs in manufacturing, construction, and energy abound 

On a positive note, and as mentioned above – the manufacturing, construction, and energy industries are making a comeback. Our Massachusetts-based semiconductor client, who was deemed essential, continues to have job openings. Other non-essential manufacturing and construction jobs are also starting to pick back up as are opportunities in the energy industry.  To adjust to the times, companies in this sector are doing everything from offering flexible work hours to investing in technology, customer services, and community engagement. Visit our job search site for work in manufacturing and construction. We’ve got you covered. 

When it comes to manufacturing, according to a Construction Review (CR) article, 56 percent of companies are anticipating making more products closer to home instead of overseas. There will also be a demand for post-pandemic products like plexiglass dividers to protect offices, schools, restaurants, and gyms. 

While every industry has been affected by supply chain shortages, some are also ready to innovate. For example, according to the McKinsey Group, the semiconductor industry could see an increase for:

• Contactless solutions including touch screens and elevator buttons
• Automated delivery solutions
• Ambient assisted living devices
• Digital work processes for healthcare, government, and defense sector

Looking back, in April, LinkedIn’s hiring rate for the hardware and networking industry, which includes semiconductor makers, saw a rise of 2.3 percent.  For a list of the most in-demand jobs on LinkedIn in 2020, click here. 

As always, hiring top talent is essential to the success of your business, and our team is here to help you find the right people with unmatched expertise. 

Let’s collaborate today to fill your open positions. We are ready to source your next top performer for continued business success.