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https://edition.cnn.com/2020/10/20/business/wef-future-of-jobs-report/index.htmlPublished by: CNN NEWS on 21 Oct 2020
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Bank tellers are out and robotics engineers are in, according to a new report that says the coronavirus recession is accelerating technological changes that could displace 85 million jobs within the next five years. “Automation, in tandem with the Covid-19 recession, is creating a ‘doubledisruption’ scenario for workers,” said the report published Wednesday in Switzerland by the World Economic Forum, which warns that inequality is likely to increase unless displaced workers can be retrained to enter new professions.
More than two-fifths of large companies surveyed by the WEF plan to reduce their workforces due to the integration of technology.
British pubs were on life support before the pandemic. Many won't survive new restrictions
“For the first time in recent years, job creation is starting to lag behind job destruction — and this factor is poised to affect disadvantaged workers with particular ferocity,” the WEF said in its report.
The coronavirus pandemic has caused a sharp [...]
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What is Coronavirus?Coronaviruses are a group of viruses that cause diseases in mammals and birds. In humans, coronaviruses cause respiratory tract infections that are typically mild, such as the common cold, though rarer forms such as SARS, MERS, and COVID-19 can be lethal. Symptoms vary in other species: in chickens, they cause an upper respiratory tract disease, while in cows and pigs they cause diarrhea. There are yet to be vaccines or antiviral drugs to prevent or treat human coronavirus infections.
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