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The Economic Impact of COVID-19 and Related Factors on the Workforce

Changing economic and labor market conditions over the next one to two years will have major implications for pay and other HR policies. Better anticipating these changes will make a difference. In this session, Gad Levanon, head of the Labor Market Institute at The Conference Board, will provide an overview of the economic and labor market outlook for the rest of 2020 and into 2021 and beyond, and the resulting impact on compensation and other HR strategies. He’ll review many of the pandemic’s consequences, including the rise in teleworking and the impact on city centers and the differences between U.S regions and different consumer categories.

In this session, you’ll learn:

  • The latest economic and labor market outlook for 2020, 2021 and beyond
  • Who are the job losers and the impact on labor markets?
  • The rise in teleworking and the impact on city centers
  • Differences across US regions and consumer categories
  • To layoff or to not layoff

Gad Levanon

Gad Levanon is the head of the Labor Market Institute of The Conference Board, where he oversees the labor market, and Help Wanted OnLine© programs. His research focuses on trends in US and global labor markets. Levanon created The Conference Board Employment Trends Index™, a widely used measure that fills the need for a leading index of employment. He also writes a popular blog on labor markets for The Conference Board as well as research reports.In 2016, he won the Consensus Economics forecast accuracy award for the US economy for his work at The Conference Board. Levanon is also an adjunct professor in the economics department at NYU. Before coming to The Conference Board, he worked at the Israeli Central Bank. He has published extensively in academic and professional journals. He received his PhD in economics from Princeton University, and holds undergraduate and master’s degrees from Tel Aviv University in Israel.

Please note: Prices are subject to change without notice. All sales are nonrefundable. Playback and the on-demand recorded session will be available 30 days following the live event, and you can access the session for 90 days. Your 90-day access begins the day of order.

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