{"id":24349,"date":"2020-05-28T09:06:34","date_gmt":"2020-05-28T16:06:34","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=24349"},"modified":"2026-02-22T15:27:53","modified_gmt":"2026-02-22T23:27:53","slug":"durable-employment","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/durable-employment\/","title":{"rendered":"Durable Employment"},"content":{"rendered":"<p>Each week\u2019s news seems to bring a new wave of devastation for the U.S. employment market, as unemployment claims continue to climb due to the COVID-19 pandemic. The national unemployment toll was 36.5 million jobs lost when this was written \u2013 by the time you read it, that figure will likely be higher.<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-24350\" src=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/05\/rsz_adobestock_336399614-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" \/><\/p>\n<p><a href=\"https:\/\/www.yardimatrix.com\/\">Yardi Matrix\u00ae<\/a> dove into the unemployment data to find out which sectors and geographic regions are hardest hit, which will hold up and where the unemployed may want to look for their next opportunity.<\/p>\n<p>Unlike past recessions, job losses have not been spread across the economy. Layoffs and furloughs have been concentrated in segments most affected by shelter-in-place orders: retail, leisure, travel and entertainment, and jobs in which social distancing is difficult.<\/p>\n<p>Between February and April, leisure and hospitality jobs contracted by a jaw-dropping 48.1%, or 8.1 million workers. Other hard-hit segments include other services (-21.9%), a category that includes personal services and repairs, retail trade (-13.7%) and construction (-12.7%).<\/p>\n<p>The number of lost jobs has been higher among hourly, service-based workers than for career workers who more easily can work from home. On a proportional basis, job categories that shed the fewest jobs over the last three months are financial activities (-2.8%), government (-4.3%) and wholesale trade (-6.2%). Another segment that lost relatively few jobs was professional and technical services (-5.3%), which includes computer systems design services (-3.8%).<\/p>\n<p>\u201cThis report provides in-depth insight to the most durable employment sectors, both professionally and geographically,\u201d said Jeff Adler, vice president of Yardi Matrix.\u00a0 <a href=\"http:\/\/www.yardimatrix.com\/publications\/download\/file\/1035-EmploymentResearchBulletin-May2020?signup=false\">Find the full Durable Employment Sectors report from Yardi Matrix.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each week\u2019s news seems to bring a new wave of devastation for the U.S. employment market, as unemployment claims continue to climb due to the COVID-19 pandemic. The national unemployment toll was 36.5 million jobs lost when this was written \u2013 by the time you read it, that figure will likely be higher. Yardi Matrix\u00ae [&hellip;]<\/p>\n","protected":false},"author":413,"featured_media":24350,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2791],"tags":[2808,113,1169],"class_list":["post-24349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-matrix","tag-covid-19","tag-employment","tag-yardi-matrix"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yardi Blog<\/title>\n<meta name=\"description\" content=\"Each week\u2019s news seems to bring a new wave of devastation for the U.S. employment market, as unemployment claims continue to climb due to the COVID-19\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Durable Employment\" \/>\n<meta property=\"og:description\" content=\"Each week\u2019s news seems to bring a new wave of devastation for the U.S. employment market, as unemployment claims continue to climb due to the COVID-19\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/durable-employment\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-28T16:06:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-22T23:27:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/05\/rsz_adobestock_336399614.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Leah Etling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Leah Etling\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/durable-employment\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/durable-employment\/\",\"name\":\"Durable Employment - 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