Sharing a part of article from Forbes.com.
The latest job market report made one thing eminently clear: The Covid Recession is the most uneven economic downturn in history. But it also may be the fastest labor market recovery—if policymakers can take advantage of the new digital infrastructure in the labor market that enables workers to be quickly matched with jobs.
Compared to a year earlier, employment in food preparation and personal care occupations is down a staggering 48%. In some states, like Texas, restaurants and bars were starting to hire before being forced to retrench because of the growing virus threat. Jobs in production occupations are down 21%. Meanwhile, IT jobs are still booming—employment in computer and mathematical occupations is up almost 10%. It’s enough to give an economist whiplash.
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