Synopsis
In a warning for countries like India, the McKinsey report says that the pandemic has already significantly accelerated the loss of low-wage jobs. As workplace and business requirements change in the current decade everywhere including India, the less educated, women, ethnic minorities and young people will be most affected, it warns.
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In countries like India, the lion s share of employment happens to be low-skill, informal and low-paid.
Covid may have already begun rendering many existing job rules obsolete, new data has shown. The new findings signal that the tried and tested methods of looking for, finding and keeping a job may not work anymore by the end of this decade.
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