We went from record-low unemployment numbers to record-high unemployment numbers in a matter of weeks because of the coronavirus pandemic. Due to this drastic change in the employment landscape, talent acquisition professionals should stay up to date on the latest trends in order to understand the “modern” jobseeker.
In early May, the Bureau of Labor Statistics (BLS) released its April jobs report, and according to the BLS, total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7%. Last week, the BLS released its May jobs report, and there was a slight improvement in this area.
