It’s hard to believe that at the beginning of 2020, the job market was the strongest it had been in years. Unemployment was at a 50-year low of 3.5 percent with a record 113-month streak of job creation and economic growth.
COVID-19 stopped this growth in its tracks. With many businesses & industries forced to shut down or pause their operations, millions of people have been laid off, furloughed, or unable to find work.
However, as you might imagine, some industries are more affected than others. While entertainment, hospitality, and tourism are largely struggling and laying off people by the thousands, some verticals are experiencing unprecedented growth in hiring. Organizations like hospitals and clinics, for example, are in desperate need of more workers — healthcare recruiting is surging.
This is supported by virtually all data sources out there, not the least of which is Google for Jobs; in mid-April, two of the three most popular job posting titles on the platform were for physicians and nurses.
The effects of COVID-19 are pushing hospitals, nursing homes and other medical facilities to their fullest capacity — literally. Makeshift hospitals
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