The COVID-19 pandemic has created an absolute environment of anxiety for health as well as For Survival In Jobs. Millions of people lost their jobs in the last 3 months and people are worried about their jobs during the COVID-19 pandemic.

The world ever has not experienced a crisis like the coronavirus breakdown. It has infected people from 185 countries, causing millions of deaths. It forced Governments to enforce lockdowns and to urge citizens to stay at home for their safety.

The lockdowns are lasting much longer than expected. This leads to the end of a decade of dilation for the world economies. The GDPs of nearly all the countries strike down significantly either in advanced or developing economies.

EFFECTS OF COVID-19 LOCKDOWN ON THE WORLD ECONOMY

Risk of Recession:

• • According to the IMF (International Monetary Fund, UN), the Global Economy shrinks by 3% in the first quarter of this year (2020). This condition is worse than that of the Great Depression of the 1930s.
  • The strict lockdown and great decrease in demand bring major industrial production chains to halt.
  • Until March’20, it seemed that the Global Market was achieving some stability but the conditions were revulsive until the pandemic started.
  • Worldwide more than 436 Million enterprises would have to face a high risk of laceration.
  • There is a risk of Severe Recession. It might take decades to recuperate from its consequences.

Fall In Stock Market:

• There is a big shift in the stock market after December 31st, 2019.
• The Stock Market Index (DOW) had shown the biggest quarterly drops.
• Central Banks reduced interest rates to their minimum up to now.
• The above conditions made the investors fear that the coronavirus decimated economic growth and that Government measures were not competent to recover from the relapses.

EMPLOYMENT CRISIS:

• A brutal reality is that the COVID-19 pandemic hit nearly half of the global workforce at the immediate risk of losing their livelihood.
• The lockdowns imposed a shattering effect on workers in the informal economies and on 100s of millions of enterprises.
• In the second quarter of this year (2020), lockdowns are over or loosened in many countries, the hope sprouts for better conditions of employment. But the current situation is growing significantly worse than that estimated.
• Over the last 6 weeks, unemployment claims rocketed to 100s of millions in many countries.
• Companies are reopening but with economic losses and restrictions such as limited working hours, safe working practices for COVID-19 infection, etc.
• These restrictions wreak havoc on employees. Lots of them lost their jobs. Some are sent on unpaid leave. Others have to work for a short duration with cutting wages.

ILO (INTERNATIONAL LABOUR ORGANIZATION, GENEVA) WARNINGS: 

• A 3% shrink in the Global Economy will hit record-high unemployment.
• In the first quarter of 2020, a 6.7 % (195 Million) drop in full-time (48 hours/ week) jobs was estimated but in reality, it goes high to 10.5% (305 Million).
• Considering severe uncertainty due to the Pandemic about duration and intensity it is appraised that the level of GDPs and unemployment remains below the pre-virus trend for a long period.
• It might take at least 5 years to regain their pre-virus extreme status for both advanced and developing economies.

“Uncertainty about recovery is uncertain itself”

Companies are trying to secure their existence by cutting costs, slashing salaries, and sorting out more efficient, trained staff; laying off others.

How to deal with the situation

Don’t be dispirited on all the dictums or rumors and don’t quit to look forward.

Stay pertinent. Start circulating your resume proactively.

If you have lost your employment, or have been put on hold/ on unpaid leave or put on a massive salary cut, or probability of any of these, do not panic. The good idea is to invest your time in upgrading, reskilling your existing skills, or achieving new skills.

This will help you survive in the Job, stay relevant, and also improve creativity. Upgrading your skills or adding new skills puts on leverage your C.V. That will help in the progression of your career growth during recent situations and forever.

Take lockdown as an opportunity to train your talent with technology. People with extra talent would be accepted quickly and considered of great value to their workplaces also able to secure their future.

How To Improve Your Skills

The COVID-19 Pandemic is leading Universities and Colleges to close around the world for an uncertain long period. Physical training is in menace due to fear of infection and maintaining Social distancing.

The pandemic has brought about a large digital transformation.

Everybody should get comfortable with technology to keep polishing work field skills For Survival in a job.

Though physical training is in crisis today,  the best and easiest channel is to join online distance executive training. (www.keneducation.in)

Online Certificate Courses are specially designed and delivered for working professionals.

You can pursue them with a little jerk to your fingertips at your places & at your convenience.

These are fast-track courses. They take months instead of years to complete.

Less expensive than university/college courses. Having affordable fee criteria with installments and scholarships for eligibility.

Training is related to the required specific area of the subject. Provides Online visual practical training.

For working professionals weekend live sessions or 24×7 assessable recorded sessions are scheduled.

Live and recorded lectures can be referred to again and again. Can appear for exams when you feel ready to crack it.

While taking enrollment in an institute, the following facts must be considered

The Institute must possess Affiliation/ Accreditation or honorable Membership of internationally recognized bodies of relevant fields.

For people in the Health And Safety Field

In the context of the COVID-19 pandemic and multiple accidents in industries, the need for Safety Officers proliferates. New modified UK-based courses should be affiliated by,

British Safety Council (BSC) 

Royal Society For Prevention Of Accidents(ROSPA) 

Universal Authentication Framework (UAF)

International Organisation For Standardization (ISO)

The Institute should provide fire safety courses of various levels having the aim of providing training for the students to strategize policies for Improving workplace safety. It should make them more aware and competent in creating a healthy and safe environment.

“Join Ken Institute for comprehensive Health and Safety Courses led by expert faculty, ensuring your readiness to tackle workplace fire emergencies effectively.”

Consider lockdowns as an opportunity to furnish your skills. Invest your time to make you more competent in your field. Prepare yourself For Survival of a job from a massive layoff or cut in salary.

For top-level online  Industrial safety courses, more advice or any personalized information

Get in touch with us at info@keneducation.in, or

visit our website at www.keneducation.in or

call us at +917569034271

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