Routine work is not doing well anymore. The labor market and middle class was once built on the routine job, meaning workers showed up at factories/offices, did the same task over and over, and then went home. Covid has changed parts of our jobs towards remote working where it´s possible. We need a reliable workforce that does repetitive work for us without the risk of spreading viruses. Robotics can be a partial answer to those jobs, but sure still need surveillance teams to control their tasks.
PANDEMIC HAS CHANGED OUR WORK FOREVER – 4 x MORE PEOPLE WORK REMOTELY
The pandemic has broken the cultural and technological barriers that hindered remote work in the past, setting in such a motion that structural shift, where work takes place at a certain place is no longer a threat. It means that even up to four times as many people are working from home than before the pandemic and that has a profound impact on job market.
JOB GROWTH COMES FROM NONROUTINE WORK
A period beginning in 2001, the economy’s job growth has come entirely from nonroutine work. The study done by Henry Siu at the University of British Columbia and Nir Jaimovich from Duke University shows that the world of routine work has collapsed.
NO POLITICIAN CAN BRING OLD JOBS BACK
Donald Trump promised to be the greatest job-producing president in U.S. history. But what kind of jobs can you create today? Supporting the fossil fuel industry is not a solution. The Trump administration has been a boon for oil companies, and a huge threat to our planet. So it is a highway to hell if we’d choose his way.
GOVERNMENT CAN HELP US TO CREATE NEW JOBS
Robotics, AI and bioengineering have made some routine jobs disappear, so we need government sponsored training for these new work fields. We have to take a look at the future now and set our mindset towards a different work environment.
HOW TO BENEFIT/SURVIVE FROM PANDEMIC
Riku Lehtinen, chief analyst from Strategic Accounting Finland points how companies can take the best out of the pandemic:
1. Personnel productivity, unnecessary managerial steps away
2. Invest Sufficiently in Marketing Productivity
3. Speed up processes
4. Get the most out of Digitization (eg remote work, utilization of AI and new technology)
When done right they will increase the self-direction, freedom and motivation among the workers!
Therefore, for the majority of companies (those that will survive the crisis), Covid will be a blessing in the coming years if these things are invested in now. I wish it could be blessing for travel, hotel and event industry too, but there our medical technology will come handy in forms of vaccines., hopefully safe ones. What it will bring is more sustainable ways to live on this unique planet of ours, I hope!
Sources: Wall street Journal blog,
Sciencing.com
TheBalance.com
Mckinsey.com
strategicaccounting.fi
