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April 16, 2020

Jobs in every sector hit as Covid-19 downturn effect spreads

By Paul Dennis

The number of jobs available around the world has fallen in all sectors as the Covid-19 pandemic continues.

Our chart uses the latest intelligence from GlobalData to track active jobs in their database that are open for application.

The data shows that in the last week alone jobs, fell by 12.9 per cent in the oil and gas sector, and 11.2 per cent in the mining and medical sectors. The consumer sector was down by 10.7 per cent and insurance by 10.7 per cent, too.

Technology is down 27.1 per cent since 1 March, and retail by 11.1 per cent.

Travel and tourism remains the sector worst hit since 1 March  – with active jobs down 65.5 per cent since then.

Tracking the economic sectors hit hardest by the Covid-19 outbreak

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Covid-19 has had a major, ongoing economic impact across the globe; but that impact is not uniform across different industries. While some economic sectors have seen business rapidly decline, others have – to date – been more stable. Some have even seen an increase in demand.

This chart aims to give a broad overview of which sectors are suffering the most since the WHO declared Covid-19 a pandemic. It uses exclusive dynamic intelligence provided by GlobalData to track the number of jobs open for applications, across the world, across 19 economic sectors. The summary chart shows the six which have seen the biggest percentage drop in these “active” jobs.

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