Just to complete the picture, sector wise employment in the non-agriculture sector is: 72 per cent of the casual workers are engaged in construction, 14 per cent in manufacturing and 12 per cent in other services; about 12 per cent of the self-employed are engaged in trade, hotel and restaurants, 10 per cent in manufacturing, 5 per cent in transport, storage and communications sectors and 4 per cent in other services. Among the regular or salaried workers, 22 per cent work in manufacturing, 14 per cent in trade, hotel and restaurants, 13 per cent in transport, storage and communications, and 8 per cent in finance, business and real estate etc.
The sad part of today’s reality is that the job losses are going to be across the board, across levels, across industries and across geographies. Some maybe less in sectors like IT and ITES, and more in travel, tourism, aviation, hospitality and food. Also retail. Most likely manufacturing too. But the impact is going to be near universal.
Here, it is not the change that we are going to be discussing. We are headed into a discussion on human despair, despondency, dejection, dread, devastation, and destruction … of not just dreams, but real lives. This essay is not on just jobs and careers and possible changes that are in store, but really on the carnage the virus will leave behind in its wake and how humankind will combat (if it will) the flattening out of the economy, which will create its own set of problems in hunger, disease, deprivation, social unrest, homelessness, and more.
In Alvin Toffler’s book, Toffler talks about copability becoming more important than capability in the times to come. In the job market of tomorrow, both capability and coping ability will become of paramount importance as jobs change, work changes, working spaces change, compensation changes, work hours change and work availability itself becomes a source of stress and anxiety.