In this blog we are looking at the impact COVID-19 has had on California, Texas, New York, Ohio, Washington, and Arizona. Chmura has been monitoring the impact the pandemic has had on real time job ads with JobsEQ RTI.
Job ads have plummeted in the United States over the past several weeks due to the coronavirus outbreak. Trends, however, are pointing to areas of growth in the economy as well as areas of high stress.
Chmura has created a COVID-19 Economic Vulnerability Index, developed by Dr. Chris Chmura and Dr. Xiaobing Shuai. The index gauges the negative impact the COVID-19 crisis can have on jobs in a region based upon the industries present in the area and their expected job losses. Accommodation and food services, for example, are projected to lose more jobs as a result of the coronavirus compared to utilities and healthcare.