From academia to manufacturing, the impacts of the novel Coronavirus on the chemical industry are beginning to manifest themselves on job prospects. While industry appears to be most hard-hit, colleges and universities are also weighing various aspects of staff size and hiring as layoffs and retirements also impact future prospects. Likely, positions will be available, although the post-COVID-19 era will continue to reshape a more digital future in which new and different skillsets will be required.
Coronavirus dims chemistry job market prospects
The economic downturn triggered by the COVID-19 pandemic does not bode well for the chemistry job market. Universities have frozen hiring and reduced pay, and the chemical industry faces a steep drop in demand and anticipates job losses. The pharmaceutical industry might be the only sector to withstand the crisis. Some industry observers predict a job market even more challenging than that brought on by the 2008 financial downturn.