COVID-19
Job Trends &
Market Milestones

February 29th: First reported US death

Job searches in Talroo’s network stay the same for most industries, but healthcare job searches go up week over week: allied health by 47%, nursing by 32%.

March 11th: Tom Hanks and Rita Wilson test positive for Covid-19

Coronavirus hits Hollywood as the beloved celebrities recover in Australia.

March 15th: CDC recommends social distancing and restrictions on gathering

Meanwhile in Talroo’s network, clicks on warehouse and retail jobs increase by 103% as the restaurant industry starts to falter.

March 16th: The Dow Jones Industrial Average plunges nearly 3,000 points

In the worst drop since 1987, Coronavirus rattles the stock market.

March 17th: Talroo moves to remote work

Along with employees from Amazon, Google, Twitter, Facebook, and many more, Talroo’s team gets comfortable in their home offices for the foreseeable future.

March 21st: Zoom hits 1 million downloads in one day

Whether it’s for work calls or virtual CrossFit, people get acquainted with the video conferencing app almost overnight.

March 30th: Tiger King hits 34 million views on Netflix

Love him or hate him, Joe Exotic provided a much-needed distraction for a surprisingly large percentage of the population.

April 1st: Starbucks Foundation donates $3 million to global COVID-19 relief efforts

The coffee chain joins The Bill and Melinda Gates Foundation, Ralph Lauren, Everlane, and more who are donating heavily to aid the WHO and other organizations.

April 2nd: March unemployment claims top 10M

As global Coronavirus cases top 1 million, job postings and job searches decrease across Talroo’s network, especially in education, IT, and nursing. There’s one exception: postings for remote work go up 2x.

April 10th: TikTok hits 1 billion users in 150 countries

Even skeptical millennials join Gen Z on the trendiest social platform since SnapChat.

April 15th: First stimulus checks and increased unemployment benefits hit

Americans making less than 70k start to see $1200 checks deposited in their accounts, and for those on unemployment, expanded benefits start to hit – up to $600 per week.

April 18th: Protests against stay-at-home orders pop up in Austin and other US locations

Small but vocals crowds appear at some state capitols to demand that the country be “opened back up.”

April 19th: Lady Gaga’s “One World: Together at Home” draws over 20 million viewers

The virtual concert raises $128 million for the WHO and other coronavirus efforts.

April 20th: Chipotle gets charitable with BOGO burritos

Company offers a free burrito with purchase of another to help feed frontline workers.

April 21st: Netflix reports nearly 16 million new subscribers in Q1

Streaming giant beats growth projections as people remain housebound – and couchbound.

April 21st: Nintendo Hardware spending grew 63% YoY

People hunt for the Switch like it’s a virtual Black Friday.

April 22nd: Delta airlines ends Q1 with $6 billion in unrestricted liquidity

Expects CARES Act payroll support of $5.4 billion; U.S. Treasury will receive warrants to purchase over 6.5M shares of Delta common stock.

April 28th: Jake Gyllenhaal goes viral making sourdough

Bored actor partakes in the baking trend that’s so popular, stores are selling out of flour.

April 30th: US jobless claims top 30 million for the most recent six-week period

This number eclipses the job losses from the Great Recession, which saw 8.7 million jobless claims. (BLS)

May 1st: Texas begins phased reopening of businesses

Governor Greg Abbott allows restaurants, malls, and movie theatres to open at 25% capacity.

May 6th: Airlines say goodbye to the middle seat

Delta, United, and Southwest are only selling window and aisle seats since demand is down and the need for personal space is up.