POST PANDEMIC STUDENTS EDUCATION, JOB PROSPECTS — HOW BLOCKCHAIN TECHNOLOGY & ATROMG8 CAN HELP?
Post-Pandemic with governments around the globe, shutting down colleges, schools, and business operations as part of the lockdown measure seems only too close again with 2nd wave talks and more localised lockdowns, to contain the coronavirus, nearly every sector has been severely impacted. Like every other field, the education segment was also affected due to the lockdown and during the post-pandemic period. With vaccines still far away and no immediate option available to contain the COVID-19 outbreak, universities, colleges, and schools will have to bear both short-term and long-term consequences.
There is no denying the fact that the coronavirus led pandemic has disrupted the education sector, which is one of the determinants of the global economic future. The concern, however, is that how will the novel coronavirus affect the rate of employment across the globe. In India, recent graduates are fearing that they will have to deal with the withdrawal of employment offers from companies, in the post-pandemic environment. A survey by ‘The Centre for Monitoring Indian Economy’ revealed that the unemployment rate spiked from 8.4% in the mid of March to 23% in April. The report also found that the unemployment rate in urban areas went higher to 30.9%.