There have been very many industries that have been affected by the current pandemic around the world. Although each sector can highlight some of the major areas where it has been affected, it is worth indicating that the labor market seems to be severely affected. Haroldo Jacobovicz has been highlighting some of the ways through which the labor market has been significantly affected and whether there is hope for this industry to recover in the future.
Haroldo Jacobovicz has already seen that a huge number of organizations are reducing the number of employees in their operations. This is something that is directly related to the issue of social distancing. Some companies have very limited premises, which mean that they cannot accommodate a huge number of workers to help in handling some complex issues in the daily operations of the organization and thereby, the only way out of this problem is to retrench some workers and more
Alternatively, very many companies are now turning to digital technology as a means of handling most of the complex challenges they have been facing in the market. This is something that Haroldo Jacobovicz has been recommending to most of the huge business entities that have been looking for some of the essential ways that they can continue to benefit the operations of the organization as technology can continue to operate in difficult moments.
Also, it is worth indicating that very many business entities that involve the operations of the businesses are currently collapsing. Haroldo Jacobovicz has seen that there are very many organizations that have been struggling to address most of the economic issues in their business operations. Such companies have not been able to hire employees during such difficult periods, which is something that very many entities cannot be able to handle in most of their industrial operations.