Many Jobs Lost During the Coronavirus Pandemic Just Aren’t Coming Back

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Many companies cut jobs during the pandemic—not all of them are coming back. Hilton is reducing housekeeping, while Raytheon is pushing factory automation.

, leaving the impression that employers are hiring like never before. But many businesses that laid off workers during the pandemic are already predicting they will need fewer employees in the future.

As with past economic shocks, the pandemic-induced recession was a catalyst for employers to invest in automation and implement other changes designed to curb hiring. In industries ranging from hotels to aerospace to restaurants, businesses have reviewed their operations and discovered ways to save on labor costs for the long term.

Economic data show that companies have learned to do more with less over the last 16 months or so. Output nearly recovered to pre-pandemic levels in the first quarter of 2021—down just 0.5% from the end of 2019—even though U.S. workers put in 4.3% fewer hours than they did before the health crisis. “When demand falls, it’s a natural time to retool or invest because you won’t lose customers or sales while you tinker and shut things down,” said Brad Hershbein, senior economist at the W.E. Upjohn Institute for Employment Research. “You don’t want to interrupt business when it’s at its peak.”

The changes will require many workers to adapt. Though the job market is strong right now for highly paid professionals and low-wage service workers alike,for their skills, experience or location, creating a paradox of relatively high unemployment combined with record job openings. Economists say it can be a prolonged process for some laid-off workers to find jobs or acquire the skills needed for new careers.

Source: Healthcare Press (healthcarepress.net)

 

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My main reason for staying at a hotel vs AirBnB is for the daily housekeeping. After picking up after my family every day, it's nice to not have to clean up after people during vacation.

Thanks, Welfare Joe.

Although times and actors change, the dark and racist ideology of Zionism behind Israeli policies does not change! Masjid al-Aqsa is under the threat of Zionism before this holiday! These raids must be stopped. StopTheRaid

And their hotels show it; the last couple I’ve stayed in were down-right dirty ugh

🇩🇪11:30-Scholz promises €300M in emergency aid for flood victims. German Finance Minister Olaf Scholz promised on Sunday to provide €300 million in emergency aid to those that have been affected by the ongoing floods in western Germany. 🇪🇸Hate and persecution police every day.

Learn RPA before it's too late

Reducing housekeeping so the people that are working do twice the work for the same pay 🙄

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