A large share of the world population is in lockdown right now. The speed and depth of the downturn we are experiencing are unprecedented and, inevitably, this will have an impact on labor markets. What do we know about unemployment so far in US and Europe? What industries or workers groups are more affected? How are companies dealing with shortages in some sectors? And, will we see productivity growth increasing as unexpected but positive impact of this crisis? These are the questions we deal with in this podcast.