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Industry Outlook

The effects of the COVID-19 pandemic on the private and public sectors dampened the employment outlook in the short term. But regardless of the state of the American economy or economies in other countries, consultants were still needed to help businesses and other organizations get back on their feet after the epidemic ebbed, as well as help clients with all types of non-epidemic-related issues. The introduction of the COVID-19 vaccination in late 2020 and increased distribution in 2021 helped stabilize the economy and help many industries, including the consulting industry, rebound. Some specialties within the consulting industry will fare best in post-pandemic times. According to a survey by McKinsey & Company, respondents indicated they would be hiring more technology and automation professionals, due to the growth of digitization in businesses since the pandemic. There may also be more immediate growth for health and safety consultants and related roles.

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