By the Numbers April 17, 2020

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The Numbers:

For the second month in a row in March, CEO turnover fell
94 CEOs left their posts in March
This was a 27% decrease from February and 30% from this time last year
While monthly totals fell, 441 CEOs left their posts in Q1 which is the second-highest quarterly total recorded since 2008
Source: Challenger, Gray & Christmas

The Numbers:

One in four businesses (24%) have temporarily shut down
40% of those still open for business said they will ‘most likely close temporarily in the next two weeks’
43% stated that a permanent shutdown is unavoidable
Source: MetLife & U.S. Chamber of Commerce Small Business Index

The Numbers:

Locum tenens staffing – the placement of temporary doctors – has a projected increase in revenue in 2020 of 5%
Source: SIA

The Numbers:

For companies on the frontline fighting the COVID-19 outbreak, filling critical open roles is more important now than ever before. BountyJobs is committed to helping you get the people you need, fast. We are offering you no cost access to our recruitment marketplace to help you do it.
We have collected special offers from our partners to assist those in talent acquisition to make progress in filling essential roles related to COVID-19

The Numbers:

Nearly a quarter of CFOs forecast more layoffs over the next month
41% forecast temporary employee furloughs
22% of CFOs believe their business will be back to usual in less than a month if COVID-19 were to end today
Source: PwC

The Numbers:

Amazon.com is to hire 75,000 more workers at its warehouses
This is in addition to the 100,000 full and part-time workers it has already hired, announced March 16
The company plans on paying more than $500 million globally to increase warehouse worker pay amidst COVID-19
Source: Amazon

The Numbers:

Job searches for ‘remote’ between March 8 and March 29 increased 89%
This term jumped to the number 7 slot when it hadn’t even placed in the top 30 before that March timeframe
Source: Monster

The Numbers:

Growth is projected in the second half of 2020 after a recession impacting the first half
The U.S. is projected to lose 4.58 million jobs
The U.S. unemployment rate may peak at 13% in Q4
Source: NABE

The Numbers:

IT employment decreased slightly by .03% in March to about 5.35 million jobs, but job losses are expected to continue
“Despite the modest decline in the March IT Index, I fully anticipate we will see far more significant declines reflected in the coming months,” TechServe Alliance CEO Mark Roberts said. “While IT is likely to fare better than most other sectors, the sweeping nature of the economic decline will be felt broadly.”
Source: TechServe Alliance

The Numbers:

Those that work in public administration and the legal industry are feeling the most secure to hold or find a job currently
People in the recreation and travel industries are feeling less certain. Those in design and media/communications are also less than optimistic.
Workers in entertainment, consumer goods, and retail feel things will improve over the next six months
Source: LinkedIn

The Numbers:

S. initial unemployment claims were down by almost 1.4 million week ending April 11
2 million claims compared to the revised number of 6.6 million initial jobless claims week ended April 4
Source: U.S. Department of Labor

The Numbers:

Amazon may soon test all its employees for COVID-19
“We’ve begun the work of building incremental testing capacity,” Bezos wrote. “A team of Amazonians — from research scientists and program managers to procurement specialists and software engineers — moved from their normal day jobs onto a dedicated team to work on this initiative.”
Source: Amazon

The Numbers:

Job openings on Glassdoor were down 20.5% on April 6 in comparison to March 9
The number of job openings on Glassdoor totaled 4.8 million as of April 6, the lowest level since February 2017
Source: Glassdoor