The impact of the pandemic on the economy

The impact of the pandemic on the economy

Jul 02, 2020

451 Views

0 comments

As the economy opened up earlier this month after being closed for weeks, the labor reallocation is looking weak as the pandemic has led to major disruptions in the way we live and work. According to data, it is estimated that only 42 per cent of workers who were laid off will return to their previous jobs, to add to this, for every 10 jobs lost due to the pandemic, only three are being created. Read about the repercussions here.  

Previous days news

Comments

    Others news
    Article
    Don’t Fall Prey to These Job Scams

    When people are looking frantically for employment, scammers get a chance to exploit their weakness ...

    The Future of Gig Employment

    There’s no denying that the gig economy has seen much growth since the last recession. With the spr ...

    A Guide for HR Professionals to Ensure Diversity and Inclusivity at Workplace

    One of the key responsibilities of HR teams is to ensure a diverse workplace and manage it effectiv ...

    How Startups Can Ensure Success While Working With Freelancers

    However, the scenario has changed drastically in the last ten years. According to a report by Forbe ...

    Show more news