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Harley LippmanApr 03, 20201 min read

U.S. Jobs Numbers Reflect COVID-19 Crisis

The number of temporary jobs in the U.S. fell by 49,500 to 2.89 million in March while total employment fell by 701,000, according to seasonally adjusted numbers released today by the Bureau of Labor Statistics. However, the numbers reflect only the beginning stages of the COVID-19 crisis as the surveys on which the data is based closed in the middle of March as the fight against the virus ramped up.

 

The unemployment rate rose to 4.4% in March from 3.5% in February.

“Overall, while we are seeing a slowdown in March, the real impact will not hit until April or May, as corporate America reprioritizes its key initiatives,” said Harley Lippman, CEO at Genesis10 in a Staffing Industry Analysts Daily News story.

 “IT staffing is slow but consistent; employment decisions have been delayed with some operating under a hiring freeze until they can get their arms around the impact of COVID-19 on their business ecosystem,” he said.

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Harley Lippman
Harley Lippman is the Founder and CEO of Genesis10, a national leader in technology workforce solutions. Since launching the company in 1999, Harley has grown Genesis10 into one of the largest IT consulting firms in the United States. Prior to founding Genesis10, he was the sole owner and founder of Triad Data Inc., an IT consulting firm he successfully built and later sold.
Harley’s leadership extends beyond business. He serves on the boards of leading business, academic, and policy institutions. His appointments include the U.S. Agency for International Development’s Partnership for Peace Advisory Board, where he helps advance efforts to foster trust and cooperation between Israelis and Palestinians. He has also served, by presidential appointment and Senate confirmation, on the U.S. Commission for the Preservation of America’s Heritage Abroad under multiple administrations.
He sits on the boards or advisory councils of Yale University’s School of Management, Columbia University’s School of International and Public Affairs, the Brookings Institution, The Washington Institute, the Middle East Forum, and the American Israel Public Affairs Committee (AIPAC), where he serves on the Political Leadership Council and Executive Committee.
Previously, Harley served as public director of the New York Mercantile Exchange and held leadership positions with the American Jewish Congress and the America-Israel Friendship League.
A committed philanthropist, Harley is the sole financial supporter of an orphanage in Cambodia, where he has helped dozens of children access education and opportunity, including funding college tuition for many. He has also led efforts to identify and memorialize unmarked Holocaust mass graves in Eastern Europe, helping preserve the memory of those lost. His documentary, Safeguarding Memory, aired on PBS and received two awards for its impact and storytelling.
Harley continues to combine business leadership with civic responsibility, making lasting contributions to the fields of technology, education, diplomacy, and remembrance.

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