Monday, April 27, 2020

Impact of Covid 19 on Employment

Impact of Covid 19 on Employment Market – Some Solutions

"Since the outbreak of COVID-19, companies have been cancelling interviews. We expect 60-65 per cent interviews getting dropped or delayed as there is lockdown in many parts of the country and people are encouraged to stay at home to curtail the spread of the virusThe overall hiring sentiment in the country is likely to witness an adverse impact in the short term with 60-65 per cent interviews getting delayed, especially in the services sector, following the slowdown across industries triggered by the coronavirus pandemic, industry experts said.

136 million jobs at risk in post-corona India
ISTGoutam Das
There will be a tsunami of job losses for employees who don’t have a regular salary, people without a written contract
A labour market crunch right now can easily turn into a nightmare. Besides the possibility of social unrest, expect more demands for more reservations in government

1.5 lakh employees in India’s IT industry might lose their jobs over the next three-to-six months. Majority of these layoffs will happen in small IT firms, said HR experts
The entire travel and hospitality industry has been hit, manufacturing has paused.
We have yet to see how the global pandemic will impact jobs in the long term, but it’s safe to assume that we will see acceleration in automation where it keeps human workers, and consumers, safer.
 New job culture of working from home has started.
Students should read news papers to get information about the changes in the employment.
They should also learn new skills without losing hope.
Read the following article of International Labour Organization on the impact of Covid 19 on employment market
https://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/documents/briefingnote/wcms_738753.pdf

No comments:

Post a Comment