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Simple ways to improve your employer branding approach

One of the most devastating impacts of the Covid-19 pandemic includes unemployment. Several companies had to reduce their workforce by more than 50 percent which resulted in the unemployment of millions of people. This not only caused major disruption in various sectors but also provoked many individuals to reassess their careers.

In the wake of crises, along with reassessing their careers, people are also changing their perspectives about life. Because of these combined factors, many have labeled it “The Great Resignation” or “The Great Reshuffle”.

Simple ways to improve your employer branding approach #infographic

The Generation Z unemployment rate

People born between the years 1997 to 2009 are known as Generation Z. Currently, Gen Z includes more than 2 billion people from all over the world and makes 30 percent of the world’s total population. As per the predictions, Gen Z is expected to account for a 27 percent workforce in the world by 2025.

Since the Covid-19 pandemic has impacted the economies drastically, the unemployment rate globally has peaked but, no other generation has been struck as hard by the pandemic unemployment as Gen Z. According to the data of 2020, the unemployment rate of Gen Z was recorded two times more than any other generation in nearly every OECD country.

The Generation Z unemployment rate #infographic

Joe Biden approves stimulus bill

The relief bill required approval from Congress on Wednesday and President Joe Biden on Friday, which the President signed a day earlier, i.e., Thursday. As per the American Rescue Plan, the Americans will be provided with a second round of stimulus checks, and the rescue plan will also fund the Covid-19 response of the country. This time the rescue plan has two additional programs for federal unemployment that have supported the people who lost their jobs to the pandemic.

The two federal unemployment programs include:

1. The pandemic Unemployment Assistance program


This program is eligible for self-employed individuals. However, individuals who fail to qualify for other regular compensation programs can also take advantage of this program.

2. The Pandemic Emergency Unemployment Compensation


This is a program with extended benefits up to 24 weeks for people who have exhausted regular unemployment compensation. This program is extended till the 6th of September.

Joe Biden approves stimulus bill #infographic

The world’s unemployment rate before the Covid-19’s second wave lockdowns

Prior to the arrival of the Covid-19 pandemic, several countries were already suffering from unemployment issues. However, the Covid-19 hit the world so hard that the countries had to shut down for an undefined period. A lot of companies had to reduce their staff in order to cut the cost and kept a few to work from their homes. Since the economies started to collapse, the unemployment rate during the first wave of Covid-19 increased more than we could imagine.

The world’s unemployment rate before the Covid-19’s second wave lockdowns #infographic

The Best Work from Home Jobs


Work from home has been on the rise in 2020, all thanks to the global pandemic. While remote working may not be new for many workers, it's new for those who have to work from home for the very first time because of the prevailing lockdown situation. Having said that, working from home is possible with or without a pandemic. A huge credit for this possibility goes to the Internet becoming available at a mass scale. A good Internet connection and the basics of technological know-how are all you need to land a good work from home job.


The amount of growth with a work from home job is the same as an office job.  The work is pretty serious too. But working from home has plenty of benefits that a regular office going job will never be able to give. First things first, flexible working hours are what make work from home jobs stand out and apart from the rest. Another huge benefit is that it is less costly. You most likely already have a decent Internet connection and a computer, and that is all you need. Expenses are saved in the areas of transportation and commuting especially.


The Best Work from Home Jobs #Infographic

Increase in Local Delivery Driver Employment

 People all across the globe have lost their jobs due to the ongoing pandemic. Almost every industry has suffered enormously, but none more than that of travel and transportation. And it was predictable too, considering all the travel restrictions. Whether it is local or not, quarantine and lockdown had effected all modes of transportation.

 But where modes of transportation such as trains and flights were affected the most, local travel was still required. An example would be that of food deliveries or even getting patients from their homes to their hospitals. Or literally, anything else because even during the pandemic, transportation needs have to be met. And it is because of this very need that last-mile delivery driver employment flourished even during these hard and trying times.

Increase in Local Delivery Driver Employment #Infographic

How Many People are Claiming Unemployment Benefits in the United States?

Under the CARES Act in the United States of America, benefits for many unemployed American workers have been established. In the wake of COVID-19, it has become even more important for them to keep getting these benefits. The program that is responsible for providing such benefits to the jobless is the Federal Pandemic Unemployment Compensation Program (FPUC).

 As per the FPUC program, a jobless individual is provided with $600 per week. Approximately more than 30 million jobless people in America have been receiving benefits, out of which regular state programs are helping around 17 million Americans, while the Federal Pandemic Unemployment Assistance program is catering to the needs of an additional 13 million people who are not entirely unemployed but do not have sufficient income due to being self-employed.

How Many People are Claiming Unemployment Benefits in the United States? #Infographic

Job hunting becomes difficult amidst the coronavirus pandemic

Amidst the pandemic, where businesses have suffered by being closed down, the job market has also been hit very hard in this pandemic. 2020 is not a very bright year for job seekers because of the toll that the markets have taken after the crisis hit.

Freshly graduated students are not roaming unemployed seeking a job. Everything is being operated remotely, and very few companies are hiring new employees. The unemployment rate peaked at an all-time high in the last week of April. May was a good month as the lockdown was being cooled down, and a few businesses were allowed to open. Still, the job prospects have changed dramatically over the course of the past few months.

Job hunting becomes difficult amidst the coronavirus pandemic #infographic

Unemployment Rates of COVID-19 and the Great Recession Peaks

 If we think of it, technology is the reason why many people haven't lost their jobs during these stressful times of COVID-19. Back in 2009 and 2010 during the Great Recession, technology had not evolved to the extent it has today, and thus unemployment was at a much larger scale. During the period of the Great Recession between 2009 and 2010, employers and employees both did not have the opportunity to benefit from remote working technologies.

So would it be fair to compare COVID-19 with the Great Recession of 2009 and 2010? Let's find out. Both the crises had uncertainty, collapse and major economic reactions. By May 2020, around 20.5 million Americans were unemployed. The U.S. unemployment rate was at 3.8% in February 2020 but after the rise of the global pandemic, it increased to 13% in May. On the other hand, the unemployment rate peaked up to 10.6% in January 2010 during the Great Recession, the time period of which was officially from December 2007 to June 2009.

Unemployment Rates of COVID-19 and the Great Recession Peaks #Infographic

How To Survive When You Are Laid Off Or Furloughed
Across the world, more people are losing jobs daily. Some are losing their jobs temporarily, as in a furlough, retaining at least some of their benefits. Others are losing jobs permanently, as in a layoff, with the possibility of being rehired but with no benefits during the unemployment period. There’s a lot of uncertainty in the economy right now and many people are unsure how they will be able to weather an indeterminate period of unemployment. But there are resources out there that can help.

For starters, unemployment benefits have opened up to include benefits for people not traditionally able to receive them - people like substitute teachers, part-time workers, and freelancers. In addition to this, the Federal government is chipping in an additional $600 a month to help people get by. The period people can claim unemployment has also been extended.

Unemployment is temporary and it’s not the end of the world. Learn how to survive a layoff or furlough below.

How To Survive When You Are Laid Off Or Furloughed #Infographic

COVID-19 gives tech stocks a rise
With unemployment on the rise, the economy is seeing a major fallout as a result of COVID-19. However, amidst the pandemic – the stock markets continue to see a significant increase and data shows that new investors of tech stocks may be responsible.

In this regard, the Goldman Sachs compiled a report that shows new users position in the popular stock trading app Robinhood has tripled since the beginning of March – or around the time COVID-19 lockdowns began around the world.

As of May 14, the app showed 12 million user positions in the S&P 550, with majority advancing towards tech companies. In fact, many tech stocks – notably Apple, Amazon, Alphabet, and Facebook - are doing very well in the S&P 500 in the second quarter of 2020.

COVID-19 gives tech stocks a rise #Infographic

The outlook of Future Jobs by 2030

In today's world, when people are so busy in the race of jobs, it makes us all wonder that what will be the future of jobs by 2030? With new technologies emerging frequently and companies are working hard to touch the skies, people are desperately waiting to get the best job opportunities. However, as per the studies, the unemployment rate, even in the highly developed countries is extremely high.

The outlook of Future Jobs by 2030 #infographic

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