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POST-PANDEMIC PERIOD WILL SEE TURNAROUND IN JOB MARKET

Why in news?

Once the COVID-19 dust settles down, a new order will emerge in the job market, analysts say. Several new jobs in the field of health and hygiene and technology may come up.

Segments that could see a steady increase in business when the dust settles:

  • Healthcare
  • Pharma
  • Biotechnology
  • Gaming
  • Over-the-top (OTT) services,
  • Work-from-home virtual team
  • Project management software
  • E-commerce
  • Edutech

Details

  • Virtual medical tourism could take off to provide psychological aid and faster therapeutic healing to patients.
  • Services and health sectors will see a spike.
  • There will be increased demand for contract employees across delivery services, fulfilment centres and contact centres to manage and support disaster management activities, sanitisation and cleaning work.
  • But companies will have full-time employees in their core areas and across IT digital skills, online marketing and content writing.
  • Experts said a gig economy, a labour market characterised by prevalence of short-term work contracts and freelance work as opposed to permanent jobs, will be institutionalised post the COVID-19 mayhem.
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September 2022
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