What if employment is lagging behind production?

After the COVID crisis, can we see a markedly weaker recovery in employment than in production (GDP), i.e. an upward trend in labour productivity? The reasons for this situation (we look at the situations of the United States and the euro zone) would be: Companies' determination to reduce production costs; The positive effect of working from home on productivity; An acceleration in automation-digitalisation of certain jobs (retail, culture, events) . This would also explain a faster upturn in corporate earnings than the reduction in unemployment