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Market Insights

Pandemic's impact on the labor market will reverberate throughout 2021 and beyond

The digital transformation has changed everything, from hiring and training workers to technology adoption.

By Alan Goforth | January 18, 2021 at 10:01 AM
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Man sitting beside sofa with laptop and his dog beside him and a notebook on his lap Nearly three-fourths of employees also say they prefer a hybrid workplace with the option to work from home or the office.(Photo: Shutterstock)

“I don’t think it’s news that the COVID-19 pandemic has had the most significant impact on the labor market since the Great Depression,” said Karen Fichuk, CEO of Randstad North America. “We still have more than 10 million jobs to be recovered. The pandemic has exposed deep-rooted vulnerabilities to the workforce and has underscored the need for policies that will promote a fair and even recovery.”

Fichuk and colleagues shared their insights on Wednesday during “The State of the Labor Market in 2021,” an online media briefing.

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