PARTICIPATE IN OUR RESEARCH STUDY
ABOUT THE RESEARCH
The COVID-19 pandemic has caused significant disruptions in the labor market, resulting in a massive layoff of workers in many industries. At the same time, there is a growing labor shortage in other industries, which has led to a tight job market. This phenomenon has created a unique juxtaposition of massive layoffs while experiencing a labor shortage. This research proposal aims to investigate the outcomes of this phenomenon, specifically the number and types of roles that go unfilled during a recession, the reasons why these roles go unfilled, the recruitment practices used by employers to fill these roles, and whether companies are paying more to quickly fill these roles.
The proposed research will be conducted through a mixed-methods approach, including a quantitative survey and qualitative interviews. The survey will be distributed to a diverse sample of companies that have experienced massive layoffs during a recession. The survey will gather data on the types of roles that go unfilled, the reasons for the unfilled roles, the recruitment practices used to fill these roles, and the cost implications of filling these roles quickly. The qualitative interviews will be conducted with HR professionals and recruiters who are responsible for filling these roles. The interviews will explore the best and worst recruitment practices used during a recession, the challenges faced by recruiters, and the long-term implications for the labor market.
The research is expected to provide insights into the impact of the juxtaposition of massive layoffs while experiencing a labor shortage on the labor market. The study will shed light on the types of roles that go unfilled during a recession, the reasons why these roles go unfilled, and the recruitment practices used by employers to fill these roles. The results will also provide insights into whether companies are paying more to quickly fill these roles and the implications of this for the labor market. Finally, the study will reveal what percentage of companies that have layoffs also have unfilled roles and are actively recruiting.
This proposed research will provide valuable insights into the unique phenomenon of massive layoffs during a labor shortage and its impact on the labor market during a recession. The results will help policymakers, employers, and employees better understand the challenges and opportunities presented by this juxtaposition. The study will also provide recommendations for policymakers, employers, and employees on how to navigate this phenomenon effectively, including best practices for recruitment during a recession.