Will The Corona Virus Pandemic Slow down IT staffing in 2020?
Covid-19’ is all the world is talking about. But our collective preoccupation with the virus is justified as the effect it is having in the lives and livelihoods of people across the globe is terrifyingly tremendous, to say the least. Thousands have lost their lives and jobs. Business and economy have slackened to a sluggish pace. What will happen to recruitment in a post-COVID world? Is the recruitment industry heading for a slowdown in 2020? An Overcast Sky The sky over the recruitment landscape now does look gloomy and dark. The United Nations has predicted that the number of people facing job loss due to the pandemic this year could be anywhere between 5 Million to 25 Million. International Labour Organization’s Director-General, Guy Ryder calls the Covid-19 crisis, a labor market crisis. In his words, “this is no longer only a global health crisis, it is also a major labor market and economic crisis that is having a huge impact on people”. While m...