COVID-19 devastated the U.S. economy, deep-sixing millions of jobs, hobbling multiple industries and sending the unemployment rate into record territory. But some types of work have been more resilient than others during the worst of the pandemic and the economy’s initial recovery phase. They include jobs performed by lawyers, physicians, financial managers and social workers.
According to LaborIQ® by ThinkWhy, these are among the country’s most in-demand occupations, based on the July unemployment rate.
For example, legal occupations, which include lawyers, judges and court reporters, had the lowest unemployment rate of all occupations in July, at just 2.8%. They were followed by Healthcare Practitioners and Technical occupations, including physicians, pharmacists and clinical laboratory technologists and technicians, with 3.8% unemployment.
Source: LaborIQ by ThinkWhy
Next came Architecture and Engineering occupations, which include civil engineers and drafters, at 4.1%. Rounding out the top five most in-demand fields were Computer and Mathematical occupations (web developers, data scientists, computer programmers) at 4.4%, and Management occupations (CEOs, construction managers, HR managers) at 5.0%.
Other occupations on the 10 most in-demand list were Community and Social Service (social workers, counselors); Life, Physical and Social Science (zoologists, psychiatrists); Business and Financial Operations (tax preparers, fundraisers); Farming, Fishing and Forestry (logging workers, agricultural workers); and Production (bakers, welders, machinists).
Prime Roles for Recruitment
During the early phase of the economy’s recovery, much of the hiring consisted of employers bringing back the same employees who were temporarily let go during the pandemic’s initial stages. Now, economists for LaborIQ expect hiring to begin transitioning more to bringing new people into businesses to fill roles, especially at companies that are already back to their previous full-employment levels. Given their lower unemployment rates, the occupations listed in the table above are likely prime roles for recruiters to target for placement.
ThinkWhy continuously monitors and forecasts labor data at all levels, measuring impact to MSAs, industries, occupations, businesses and salaries across the U.S.