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For a considerable time, there was a vicious circle of job losses, reduced incomes, and consumption, resulting in lesser demand and vibrancy in the economies. Such adverse and sudden widespread changes demanded new strategies and adaptability. This article explores the considerations and approaches to combat the new challenges brought by the corona pandemic for job seekers.
Nations are struggling to mitigate the aftermaths of the coronavirus outbreak and revitalize their economies (whether it is underdeveloped, developing, or developed countries). As a result, countries saw lowered growth projections, wherein businesses faced a reduced demand. As a result, world economies encountered an ever-decreasing availability of jobs and business opportunities. But first, it is necessary to assess the multiple challenges the pandemic has brought and formulate novel strategies to combat the adversities.
Countries worldwide have faced job losses due to the current pandemic; for instance, the United States of America encountered a loss of thirty-three million jobs, as reported by The Guardian. Job losses occur when companies retrench or lay off employees because of lesser demand for their product(s) or service(s). During the pandemic, economic activities were heavily compromised worldwide, affecting millions. For a considerable time, there was a vicious circle of job losses, reduced incomes, and consumption, resulting in lesser demand and vibrancy in the economies. Such adverse and sudden widespread changes demanded new strategies and adaptability.
Reskilling and Re-innovating
Employment seekers seek a job in a relatively saturated market with fewer opportunities. Public sector and government organizations seek a more competent and skilled workforce. Considering your eligibility and interest, candidates must upskill their CV and conduct by considering the following points:
These changing times require a new, practical, and effective change in management principles and the job market. Change means the difference in status quo and uncertainty about the future. In the present scenario, the candidates must better equip themselves, reinforce valuable learnings, update knowledge and skills and become more aware of the available opportunities.
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