The impact of the pandemic on the labour market

Abstract

In the context of a pandemic, many enterprises take actions and make specific decisions in conditions of uncertainty,since it is absolutely impossible to predict the development of the pandemic and its possible consequences on the territory of other countries of the world. Thus, business activity also remains in an environment of uncertainty and is subject to a variety of factors that can not only negatively affect certain aspects of their activities, but can also lead to the complete destruction of the business entity. The relevance of the research topic is shown in the identification of the consequences of the coronavirus pandemic and their assessment on the modern labour market. An increasing number of employers' requirements for employees are associated with soft-skills. These include critical thinking, self-management, problem solving, learnability, resilience to stress, flexibility, and etc. The purpose of the study was to assess the current situation in the world and domestic labour market. The object of research was the labour market of the leading countries of the world: the United States, China, great Britain and Canada. The result of the study was the conclusion about further changes in the demand for labour and the conclusion about what the domestic labour market is waiting for in the future.