College students often choose their academic majors based on in-demand industries, but the pandemic has changed which industries are needed the most. While COVID-19 has forced many companies to shift their modes of operations, industries like travel, retail, food, and hospitality have been hit hard and are experiencing record job losses.
By contrast, industries focusing on e-commerce, digital media and entertainment, banking and financial services, and cybersecurity have experienced strong job growth and been able to adapt rather quickly to serving consumers remotely.
The future for college graduates isn’t all bleak — many companies are still hiring, and graduates will need to think creatively about how to market their skill sets. They may have to work to gain additional skills needed for more in-demand industries.
As students continue to navigate the reality of the ongoing pandemic, we must accept the fact that the skills required to succeed and advance in our current COVID-19 world are going to look very different. To remain marketable and relevant to employers, employees must be committed to reskilling and upskilling.