The manufacturing industry has, like most industries, been hard-hit by the recent COVID-19 pandemic. A recession that began in 2019 was heightened by the strictures and disruptions created by the virus, causing a loss of revenue in up to 71% of midsize U.S. manufacturers, according to one industry-focused survey.
Senior care facilities, assisted living communities, and nursing facilities were ground zero for the recent COVID-19 pandemic, causing widespread interest among healthcare administrators and facility owners in tightening procedures to minimize harm to residents.
Like many industries, construction has been hard hit by the ongoing COVID-19 pandemic, resulting in an unemployment rate that is two points higher than the national unemployment numbers. Nearly a third of residential construction firms have closed temporarily and one-fourth have had to delay — or cancel — their upcoming projects.
In the aftermath of the COVID-19 pandemic, more businesses are choosing to employ a work-from-home staff or remote workforce. In fact, the work from home trend has grown 173% since 2005, which is nearly 47 times faster than the self-employed population.
As the COVID-19 pandemic slows across the nation, more retail businesses are moving away from online sales as they consider reopening their brick-and-mortar facilities to the public.
The recent COVID-19 pandemic has caused small businesses to find creative ways to boost productivity and stay competitive. From focusing more closely on digital innovations to honing business processes to produce a more efficient workplace, businesses are turning to office technologies to keep — or expand — their position in the marketplace.
The manufacturing industry has already co-opted artificial intelligence (AI) to assist with process development, efficiency, and operational efficiency.
The recent COVID-19 pandemic has caused a departure in the way educational organizations provide students with learning experiences.