Workforce Development News – August 10, 2020

By on August 10, 2020
Workers Don't Expect Things to Return to Normal

A weekly collection of articles on workforce development, employment and training, business performance improvement, leadership, higher education, and the economy.

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The Workforce Solutions Group of St. Louis Community College leverages education for growth in the knowledge economy by offering programs and services designed to advance people, businesses and communities. We are located at the Corporate College, a state of the art facility solely dedicated to corporate education and professional development.
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Yes, Unemployment Fell. But The Recovery Seems To Be Slowing Down.

“The improvement from June to July was less than half as large as the one from May to June.”
https://fivethirtyeight.com/features/yes-unemployment-fell-but-the-recovery-seems-to-be-slowing-down/

The Recent COVID-19 Spike and the U.S. Employment Slowdown

“The coronavirus pandemic has caused great harm to the economy and the labor market. The recent recovery in employment has halted and the increase in Covid-19 may be the main cause for this.”
https://www.stlouisfed.org/on-the-economy/2020/august/recent-covid19-us-employment-slowdown

A Growing Side Effect of the Pandemic: Permanent Job Loss

“More jobs are disappearing for good, dashing hopes of a rapid economic rebound.”
https://www.politico.com/news/2020/08/06/coronavirus-permanent-unemployment-392022

What Coronavirus Job Losses Reveal About Racism in America

“The classic fact about Black unemployment is that it’s been two times the white rate since we started measuring it.”
https://projects.propublica.org/coronavirus-unemployment/

Housing Distress in the Time of COVID-19

“Housing distress is on the rise among both renters and homeowners. Worse, it seems to be concentrated among groups that often exhibit other economic fragilities.”
https://www.stlouisfed.org/on-the-economy/2020/august/housing-distress-time-covid19

American Workers Don’t Expect Things to Return to Normal, Even If A COVID-19 Vaccine Is Produced

“As the coronavirus continues to spread across the US, workers are not confident that a return to work is safe or possible, and 81% expect disruptions, even after a vaccine might be available.”
https://www.techrepublic.com/article/report-american-workers-dont-expect-things-to-return-to-normal-even-if-a-covid-19-vaccine-is-produced/

U.S. Job Recovery Slowed Dramatically in July as New Cases Spiked

“Manufacturing added only 26,000 jobs in July, a swift deceleration compared to June gains of more than 300,000.”
https://www.industryweek.com/talent/article/21138635/us-job-recovery-slowed-dramatically-in-july-as-new-cases-spiked

St. Louis Real Time Labor Market Summary

“Effects from the COVID-19 global pandemic have, at least temporarily, changed the job market.”
https://meric.mo.gov/media/pdf/st-louis-real-time-labor-market-summary

8 Ways Managers Can Support Employees’ Mental Health

“Nearly 42% of employees report a decline in mental health since the pandemic began.”
https://hbr.org/2020/08/8-ways-managers-can-support-employees-mental-health

Most of us spend too much time on what is urgent and not enough time on what is important.” – Stephen Covey

About Richard Schumacher

Richard Schumacher is the technology manager for the Workforce Solutions Group of St. Louis Community College. He connects, designs, and applies technology to meet business user needs with eLearning, training, web content, instructional design, IT system, and performance improvement solutions. Richard has held various Microsoft Certifications since 1993. Learn more about Richard by following him: LinkedIn - Twitter - Articles - Email

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