60% of employers have reduced hiring in the last month due to coronavirus, according to new data. (via CNBCMakeIt)
that according to the data, Glassdoor has seen a decrease in job openings across all 50 states and across all industries. In total, he says, roughly 1 in 5 job openings have closed on Glassdoor's platform since March 9, with the travel and tourism industry being hit the hardest. Over the last month, the industry has seen a 73.1% drop in job openings.
Other industries like retail, food services and arts and entertainment have also been hit hard by the coronavirus as many restaurants, movie theaters and clothing stores remain closed. Over the past month, according to Glassdoor data, job openings in the arts and entertainment sector have decreased by 46.3%, job openings in retail have decreased by 21.2% and job openings in food services have decreased by 17.5%.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus live updates: 60% of firms cut job openings in March, Abbott Labs debuts antibody test“My sense is there’s good coordination,” World Bank President David Malpass says about the global response to the coronavirus pandemic. “The world effort is focused on trying to get to a very broad response to COVID.”
Read more »
Nearly 60 cars involved in Chicago highway crash, 14 brought to hospitalsChicago highway crash involves nearly 60 cars, 14 brought to hospitals. Initial reports indicate low traction on the highway caused the crash after the region received snow early Wednesday.
Read more »
Chris Cuomo Says He Got 'Cocky' After Going 60 Hours Without a FeverThe newsman opened up once again about his ongoing and frustrating battle with the coronavirus.
Read more »
Norwegian Air shares drop 60% after proposed debt-for-equity swapThe share price of Norwegian Air fell by 60% on Tuesday, the first day of trading following the company's proposal of a financial rescue package on April 8.
Read more »
New York City will buy 100,000 coronavirus test kits per week from mix of local and Indiana contractorsThe coronavirus has infected more than 106,700 people in New York City, according to data compiled by Johns Hopkins University.
Read more »
Harvard to impose a salary and hiring freeze due to fallout from coronavirus outbreakHarvard is implementing an immediate hiring and salary freezes, canceling or deferring discretionary spending and delaying some capital projects.
Read more »