As I am writing this article, there is an exponential rise in the number of Coronavirus cases all over the world, there is barely a country unaffected by this virus. USA has surpassed China w.r.t total number of deaths due to Virus & is nearing 200k mark in the total number of cases. The White House has projected today that total deaths in USA can rise to at least 240000. Italy, Spain have taken the worst hit and now the virus is multiplying in India, affecting not only those contracted with the virus but also the poor who can’t earn their bread anymore due to lockdown and are forced to move back to villages.
Health ministries are predicting that at least 70% of the world population will be infected by the COVID-19 and the Pandemic will take another 2 years to run its course. Seeing the number of deaths reported everyday on News and the world not able to contain the virus or come with a vaccine soon, one can predict that global population may see sharp fall and some even recovered from the disease will be disabled by after-effects. Only those who will pass Darwin’s Survival of the Fittest theory will rise as survivors and will be responsible for running the world.
The world after Pandemic will be in healing state – will compete again for economic growth, industrial production, infrastructure development. The necessity for upgrading medical systems of the countries will be prioritised and many medical colleges will open; simultaneously will emerge the need for boosting IT infrastructure. The markets will start performing as before and demand for goods and services will pick up. Government and organisations will start hiring again for new opportunities created and demand to fulfil various vacant positions will arise, not only for new jobs but also for the jobs the predecessors of whose have deceased during the epidemic. We will need more doctors, engineers, economists, administrators, teachers, NGO’s, etc. to bring the world back to its original position.
With this will come abundant opportunities for those who have survived, stayed at home and have also worked on upgrading their skills. You will be open to grab more jobs and your suitability may increase for various positions for which you were not experienced earlier. More jobs will also be created in countries which are worst affected by it as they will need a working community to support their growth and one can see more import of talent in these countries in coming years. So this might be an opportunity in adversary for many those who wanted to grow in their career paths or wanted to pursue some different field. You have the time now, start working towards it. Make the best use of time home and upgrade your skills to match that dream role.
We can see other changes as well – the rise of another Superpower; the concurrence of the world to Sustainable economic development; rise and fall of various industries; changes in the way we do business today, the way we work in offices and need to commute to work or for businesses around the world. Various new laws will be enacted dealing with Outbreak situation and restricting the movement of people across countries. School syllabuses and the world basic hygiene rules will undergo change once again.
So dear readers, let me know your thoughts about how the world will look after Pandemic and how soon you think Life will be normal again. Will more job opportunities will be created or reduce. Please comment, what we can do to deal with this or what unique things you are doing home this lockdown. I wish you all good health and safe environment.
Finance World 