The coronavirus pandemic had caused a heavy impact on people’s financial status and jobs. Newspaper headlines of one part of the globe to others now read more of market crashes and business failures. The impact of the virus and the imposition of the lockdowns by governments all over the world are creating a job crisis and spreading unemployment. If this situation of lockdown continues and takes it into a recession, a maximum of the people will be losing their jobs. Thus, it becomes a matter of challenge to remain employed during the recession period or to get new jobs.
Although most of the businesses are closing down or running at a loss causing market breakdown and unemployment, some businesses are still there which are doing much better than the others and providing job facilities to people. These jobs mainly include technological ones, as, during this pandemic, the sectors that have adopted digital modes have realized and experienced a better impact than the ones that are not technologically active. These companies have better understood the fact that if all the work can be done online, there is no need to move outside.
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Being digital is not only a matter of technologies; a digitalized mode of working is beneficial as it can grasp various aspects of the businesses. Even though no jobs are holistically recession-proof, social and mobile platforms for services, cloud computing, cloud administration, cloud architecture, big data analytics, RPA, cyber security, Python, DevOps, AI/ML are some of the job aspects in businesses that are rigorously in operation even in the recession period. As the maximum of the companies is moving towards a remote working model, they are now focusing on their investment in digital skills serving digital modes of working. It can be, henceforth, assumed that by the time this period gets over, a lot of physical activities in businesses will shift to the virtual space.
Apart from these IoT skills, the aspect that is gaining importance is what is called ‘contactless’. It is expected that with a detailed understanding of AI/ML and natural language processing, ‘contactless’ will enhance and improve conversational computing. “Data science and AI/ML talent will continue to be in demand since they are embedded in almost every software development projects”, said Maneesh Sharma, country manager, GitHub India.
However, the shift to digital modes has made everything more prone to cyberattacks. During this situation, exploitation by hackers has become a common practice. But with the cybersecurity talents, which had its demand even before the pandemic, these practices are somewhat tackled.
Lastly, it is reported that the demand-supply gap of these digitally advanced skills is so much that there can even be a 20% rise in the salaries for these jobs.