After the Storm

If the U.S. is going to have a recovery that not only brings the economy back to where it was but also ensures a more equitable future, it is crucial to understand what jobs and skills are likely to drive the recovery. In After the Storm: The Jobs and Skills that will Drive the Post-Pandemic Recovery, Lightcast uses our database of more than 1 billion current and historical job postings, along with the best available expert views, to anticipate what jobs will be most important in the post-pandemic labor market. Some key findings from the report include:

• We project these roles will account for 15.5 million to 18 million new jobs created over the next five years.

• These jobs represent significant fractions of the labor market: currently 13% of demand and 10% of employment, but in addition they are important inflection points for the economy. A shortage of talent in these fields could set back broader recovery if organizations can’t cope with these demands.

• Jobs in these new “economies” are projected to grow at almost double the rate of the job market overall (15% vs. 8%).

In the European and English-speaking non-US countries analyzed, there were almost 34,000 job openings looking for real-time 3D skills in 2019, and demand for real-time skills in 2019 has multiplied by as much as 30 times in Singapore, and has grown at almost twice the pace of the US demand for graphic 3D skills.