Before COVID struck, economists at L.A.-based jobs marketplace ZipRecruiter had found that teacher job applications were down.
"We interviewed some teachers saying they had friends going into edtech companies and other startups, taking UX courses or going into content-marketing and tech roles and quickly 'earning so much more than we are'," ZipRecruiter labor economist Julia Pollak told dot.LA.
That led to a flight from the comforts of a stable job with a pension for the high-risk, high-reward world of startups. "There was a clear trend away from those safe jobs," Pollak said.
That trend seems to have reversed.
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A new study quantifying the impact of COVID-19 on American small businesses confirms what many have suspected. Black small business owners have been ravaged by the pandemic. They were nearly twice as likely to have shut down in the last several months compared to the national average. Latinx, immigrant and female owners have also fared poorly.
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- Minority-Owned Businesses Were Hit Hard by COVID-19 - dot.LA ›
- How To Lay Off Staff With Compassion - dot.LA ›
- Half of Latinx-Owned Small Businesses Closed During the Pandemic, Survey Finds - dot.LA ›