The World Health Organization (WHO) has formally declared the COVID-19 outbreak a pandemic. It’s actually tough time for world as lockdown going on in many countries of world and during lockdown most of the business including Corporate’s, SME’s & MSME’s get collapsed the economy is going down. Now in this current situations employers and job seekers are worried about them careers as we are most trusted recruitment company in India we would like to spread light on this topic that what types of jobs after lockdown.
Digital transformation is going on and we need to accept digital revolution as Stephen Hawking famously said, ‘Intelligence is the ability to adapt to change.’ now it’s to get sought digitally India has great potential to restructure Indian economy with the help of digital transformation. Is our 66% of revenue comes from the digital companies only we can understand the actual ability of this. During COVID-19 and jobs after lockdown digital industry is proving the limitless opportunities in India to support India economy now a days there are very less jobs are available in many sectors such as tour and traveling, airline, construction, mining, hospitality, investment banking, malls & cinemas etc. But still there are many jobs will be available in eCommerce, Artificial Intelligence, Information Technology, Digital Entertainment, Pharmaceutical etc.
As according to article by livemint 136 million jobs at risk in post-corona India. After this crisis market won’t be able to grow in V graph it can be U scale or L scale growth will be there for some time.
Here’s some good news on jobs in times of Covid-19 – over 200,000 jobs have been advertised by a range of employers in the past four weeks, and over 25% of these were posted last week, according to job postings data tracked and curated from companies’ official job pages on LinkedIn and direct postings on top job boards. Some of the top employers are Amazon, Google, Tech Mahindra, Walmart Labs, VMWare, IBM, Capgemini, Deloitte, JPMorgan Chase, Flipkart, Byju’s, Grofers and BigBasket, as per data collated for ET. There are many of our clients are also eagerly hiring new talent and creating employment in society we are grateful for them to contribute in the growth of Indian economy. As per our conversation and observation with clients we can say that organizations are preparing themselves for better tomorrow. Similarly we are also evolution out own company as well, as we are working with vision and mission to create maximum employment and leaders globally. We can to contribute beyond our limitations and we have dome some drastic and extraordinary changes in our organization as well also we have required much better technology than previous.
According to CMIE report : Labour statistics for March 2020 are worrisome. And, those for the past two weeks are much worse.
In March 2020, the labour participation rate fell to an all-time low, the unemployment rate shot up sharply and the employment rate fell to its all-time low.The employment rate fell to an all-time low of 38.2 per cent in March 2020. The fall since January 2020 is particularly steep – almost spectacular. It seems to have nosedived in March after having struggled to remain stable over the past two years. Then, there is a precipitous fall.The labour participation rate in March 2020 was 41.9 per cent. It was 42.6 per cent in February and 42.7 per cent in March 2019. We had feared a fall in labour participation rate because of the national shutdown to contain the spread of Coronavirus. But, this fall seems to have happened even before the lockdown. Of course, it gets much worse as we move into the lockdown.
This is the first time that the LPR has fallen below 42 per cent. Between January and March 2020, the LPR has fallen an entire percentage point – from 42.96 per cent in January to 41.90 per cent in March.
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