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Stock impact report

PayScale Wage Data Shows Coronavirus Profoundly Changed Our Economy

Ovintiv Inc. (DE) (OVV) 
Last ovintiv inc. (de) earnings: 2/19 08:54 pm Check Earnings Report
Company Research Source: GlobeNewswire
SEATTLE, April 02, 2020 (GLOBE NEWSWIRE) -- Today, PayScale Inc, the leader in precise, on-demand cloud compensation data and software for businesses and individuals, released the Q1 2020 PayScale Index, which tracks quarterly and annual trends in compensation. The most recent Index shows the dramatic impact of the coronavirus on the U.S. economy in recent weeks. Wage growth for sales jobs experienced a sharp decline – a leading indicator for major economic downturn on the horizon. By contrast, wage growth was strong for transportation jobs as well as jobs in the arts, entertainment and recreation industry, as coronavirus isolation measures resulted in more downtime for many employees and increased shopping from home. “Although the social distancing measures were only implemented in the last weeks of the quarter, they were so far-reaching that they had a real impact on the overall results of the Q1 Index,” said Sudarshan Sampath, Director of Research at PayScale. “When Show less Read more
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