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Since March, people across many different industries have been closely monitoring how COVID-19 will affect the job market. Now that we have seen the impact first-hand, we are again left wondering what type of impact a second wave could have on jobs.
As a recruitment agency, we have been keeping a close eye on how COVID-19 continues to affect the job market. For months we’ve heard rumblings of a second wave of the virus, and it appears Ontario has officially entered the second wave of COVID-19. Reported infections are up, especially in Toronto, Peel Region, and Ottawa. Some predict it could be worse than the first wave, while others are not as concerned. Based on some scientific models, it’s believed the second wave could peak in October.
So, how will a second wave impact the job market? As it stands right now, it could depend on how the next few weeks play out. If the numbers continue to rise, we could see the province go back into Stage 2.
Here are some of the potential outcomes:
It’s challenging to predict how a second wave will impact the job market. Whether you are looking for a job, a company considering hiring new staff, or want to know if you have job security, it’s important to stay on top of the news and consider your options as things develop over time.
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across the country. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Executive Search / Board & C-Suite, Technology, Media, Digital & Marketing, Accounting & Finance, Financial Services & Insurance, Cannabis, Startup, Data Science, Consumer, eCommerce & Retail, Operations & HR, Manufacturing, Supply Chain & Engineering, Legal & Professional Services, Pharmaceutical & Life Sciences, Non-Profit & Sustainability, and Sales. IQ PARTNERS has its head office in Toronto. Click here to view current job openings and to register with us.
Adrian is a Partner and team lead within IQ PARTNERS’ Marketing Services group. He has an innate ability to create strong, trust-based relationships, combined with deep industry knowledge and experience, and respect for the clients and candidates he works with. Adrian treats people well… and he has the track record of strong results and repeat business to prove it.