HOW WILL COVID-19 CHANGE THE JOB INDUSTRY?

In the aftermath of Covid 19, the course of the world was completely altered. Changes in work routines, school schedules, and college schedules influenced people's lifestyles. There are almost universal containment and mitigation strategies all over the world, which include limiting individual movement and travel, closing schools and educational institutions, and delaying non-essential medical treatment.

Covid 19 has affected the whole world, not only in terms of health but also in terms of economy. Depending on how adaptable they were, or how the pandemic affected their business, some industries have suffered losses and others have prospered. Changes in executives' attitudes have also altered how they view working and hiring. Because of business stability, employment was still amid a recession during this time. New opportunities were few and far between during this period. Employers were adjusting to how they could stabilize their businesses due to the change.

·     STRUGGLE FOR JOB SEEKERS:

Companies will become more frugal with their budgets due to the recession and uncertainty brought about by the outbreak. Some will reduce employee counts or stop trying to hire new employees. Most of the IT professionals will worry about losing their jobs due to the outbreak and those waiting for interview requests get cancelled or postponed due to the pandemic. In addition, those who had jobs offered to them will get their contracts withdrawn or postponed because of the pandemic.

·     DROP-IN JOB POSTINGS:

After the pandemic began and COVID-19 containment measures were implemented, online job postings have declined significantly. So, the online job market in Australia, Canada, New Zealand, the United Kingdom and the United States, the number of vacancies will begin to decline sharply in the second half of the year, and all five countries will see a decrease of at least 50% over the first half. There will be a significant decline in online job postings at the end of December in the United States and the United Kingdom.

·     DEMAND FOR WORK FROM ANYWHERE WILL INCREASE:

The work schedules of employees will be altered to accommodate remote working arrangements, and the hours of office hours will also be modified based on client requests. It will be key to design targeted policies to support individuals and businesses alike to consider the effects of the crisis on the economy, jobs and labour markets. Work from anywhere schedule embraces the flexibility and capability of the company’s culture, the way the work gets done and how office space is used.

In conclusion, since this pandemic has accelerated trends, executive leaders must quickly clarify what their offices are supposed to accomplish. By being clear about how they do work, where they do it, how they would recruit new employers and how much office space they need, they will be able to rethink how they work and how they can support employees to be effective anywhere they work. The only thing that is constant in this world is change. Accept the change and move on to the future.