More than half of the world’s workforce has been affected by the pandemic.
Many countries are struggling to fill positions, with many countries unable to hire and train people in a timely fashion.
The International Federation of Pharmaceutical Industries and Associations (IFPI) says that the current job market is more difficult than it has ever been.
I don’t think we can imagine the last time that we saw an increase in the number of job seekers and the number that were being filled.
The organisation says that an influx of people into the job market has increased unemployment rates across the globe.
In a statement, IFPI says that job seekers have a “very low rate of satisfaction and satisfaction with their jobs.
They also have very high rates of being unemployed.”
The organization warns that people can’t take their skills and experiences for granted.
“People don’t realise the effect of leaving a job early because they may be facing a new challenge or they may not be able to find another one,” said IFPI President Mark Schmoke.
“This has created an environment that can put them at risk of falling into unemployment.
A recent study by the Federal Reserve found that job vacancies and new jobs are rising rapidly.”
In the US alone, job vacancies jumped by more than 15 per cent during the pandemics peak,” he said.
The unemployment rate for US citizens was 10 per cent, and the rate for foreign nationals was 8 per cent.
IFPI also notes that the job seeker’s expectations are often higher than the actual job.”
We are seeing that people expect to be paid more, they expect to work longer hours, they are expecting to be treated better and they are also expecting that the work environment will be better.
“So people are often in a state of mind where they think, ‘OK, if I do this, I’ll be doing this for the rest of my life,'” Schmokes said.
“They are not necessarily thinking in terms of the long term.”
With the recent pandemic, many job seekers were unable to find jobs in the short-term and were forced to look elsewhere.
According to Schmoe, this has led to people becoming more isolated.
“The people who are the most likely to become unemployed because they have a job that they are very dissatisfied with are the people who had a job prior to the pandeman,” he explained.
There is an increasing fear that this will be a pattern in the future, and that the next pandemic could be more severe.
Despite the increasing economic strain on people, unemployment remains a major issue.
If you or anyone you know is struggling with unemployment, talk to your local Jobcentre Plus.
