Page 7 - IMDR EBOOK 20 OCT 2020
P. 7

"Pandemic and Beyond: Navigating the New Normal"                                      E - Book Year 2020


           is a general cause of concern among respondents about people losing jobs and people
           unable to nd jobs. 41% of the respondents show very high concern for people losing
           jobs in the aftermath of COVID19, and 34% show high and very concern, equally, about
           people unable to nd jobs in the current situation. This is exhibited in the graph and
           table in Figure 4.
           Figure 4 – Concern about Jobs






















                                                   People losing jobs -       People unable to nd jobs -
                    Rating Points
                                                       Frequency                       Frequency
             1 (Not a Concern at all) 3 4                  3 4                              4
             2 (Less Concern) 10 23                        10                              23

             3 (Neutral) 49 62                             49                              62
             4 (Concern) 102 93                            102                             93
             5 (Very high Concern) 113 95                  113                             95
             Grand Total 277 277                           277                             277

           Evidently the lockdown and an anticipation of its continuity have created a negative
           sentiment about availability of jobs and general employment scenario. Work from home
           and use of technology, creating virtual workspaces, does not have a lifting impact on
           overall view about jobs. The researcher further nds that, 45% of the respondents
           concerned about people losing jobs, and 39% concerned about people unable to nd
           new jobs, have a work experience of more than 10 years. These respondents having
           been around for a decade or more have witnessed cyclical uctuations and revival
           mechanism and process.
           The researcher attempted to nd out whether the COVID19 impact was to last till the
           lockdown or is likely to last longer requiring greater recovery time and effort. The
           researcher nds that majority of respondents are neither positive nor negative about
           general  income  levels,  job  creation  and  overall  economy  indicating  the  economic
           uncertainty to silhouette for the next 12 months. For the same time period, 41% are
           uncertain and 34% are positive about their own nancial situation. 44% are uncertain
           and 32% are positive about the nancial situation at their workplace.  This is exhibited
           in the graph and table in Figure 5.

           Figure 5 – Respondent Sentiment on Economic Variables


















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