THE POPULAR JOBS
The most popular jobs change from year to year depending on any number of socio-economic conditions. The U.S. economy and labor markets are still struggling to recover from the devastating impact of COVID-19, with lower-income workers, women, Black and Hispanic people, and those working in the leisure, travel, and hospitality industries among the hardest hit.
Between February and May of 2020, the number of unemployed Americans increased from 6.2 million to 20.5 million. Since the outbreak of COVID-19, one in four people have struggled to pay their bills, a third have taken money out of savings or retirement accounts, and one in six have borrowed money or gotten food from a food bank, according to a survey from the Pew Research Center.
Not surprisingly, the unpredictability of today’s job market has compelled many Americans to re-evaluate their career options, and pivot towards industries that promise a little more security. McKinsey & Company estimates that as many as 25% more workers could need to switch occupations than before the pandemic, while Brookings Institution predicts that 42% of the jobs lost due to COVID-19 will eventually be gone for good.
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