With record-breaking numbers of Americans filing for unemployment, job openings across the country have also taken a hit.
According to a study by Glassdoor, one in five job openings have closed in the US since the pandemic began. Listings in all 50 states have seen an average drop of 20.5% since mid-March.
Washington State saw the largest decrease in job openings with a decline of 32.6%.
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Based on a Glassdoor analysis of job-posting behavior, 60% of employers have fewer job openings today than they did four weeks ago, with nearly 25% of hiring companies pausing all job openings.
Not all industries have been hit at the same rate, however. While travel and tourism, arts and entertainment, and white-collar industries like business services, finance and insurance, and tech are being hit hard, supermarkets are showing a smaller decline.
Supermarkets have shown a mere 8.8% drop in job openings, likely due to the fact that they are deemed essential businesses and have expanded hiring to accommodate increased demand.
The study also discovered that the US is currently on track to lose as many job openings on a percentage basis in the first four weeks of the crisis as it did in the first nine months of the Great Recession.
In the last week of March alone, around 3.28 million Americans applied for unemployment insurance, an increase from a previous figure of 281,000 the week before.
This figure was the highest in American history, beating out the previous record of 695,000 claims filed in a week in October 1982.