Issue link: https://read.uberflip.com/i/1354459
2 March 22, 2021 Proprietary Workforce Models Have Permanently Shifted in Past Year March 2020 March 2021 Remote Workforce deployment shifted from 14% to 87% Hiring Demand decreased by 44% Drivers, Warehouse Workers, Manufacturing Labor, Logistics Resources, Pharmacy/Grocery Staff, Medical Personal and other essential personnel accounted for 48% of Hiring Demand April 2020 CARE Act $600 Uplift on Unemployment May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 Employers increase wages, introduce attendance bonuses, change shift schedules, invest in remote learning centers and childcare, offer transportation support, waive hourly requirements, drop/reduce/shift onboarding and screening requirements to combat health concerns, unemployment alternatives, childcare gap, and transportation gap New Job Postings Exceed New Jobless Claims 1 st time since March Some employers attempt 'Return to Work' w/ limited success Increased surge to 3x pre- covid level for Ops/Logistics and Retail in Holiday Hiring Turnover spikes to 4x Pre-Covid rates Remote workers begin migrating within US Markets begin opening and hiring resumes at 9:1 temp:perm ratio Increased hiring of permanent employees with 5:1 temp:perm ratio Hiring for professional skills slows in traditional seasonal pattern $300 Unemployment goes into effect Hiring Demand decreased by 44% Recovery at 78% of Pre-Covid Rates Hiring of permanent Remote Workers has increased by 18% YoY LONG-TERM IMPACT: Increased Shift Flexibility Increased Temporary Workers Increased Incentive Programs Increased PTO Increased Remote Work