Global and Local Impacts of the Pandemic on the World of Work

Abstract

One of the key issues of our time is in our Central and East-European (CKE) region and throughout the world: what trends are to emerge in the pandemic-weighted labour market? Just a few months before the global pandemic crisis, the KKE countries had a "ball" in the labour markets, and news of labour shortages, as well as labour retention rumbleed on. More and more analyses have indicated that there is no other way out: wages need to be raised and, in the longer term, the rise of the robotisation and artificial intelligence may be the solution. In early March 2020, the crisis caused by the SARS- CoV-2 coronavirus exploded in this situation, resulting in both unemployment and labour shortages. The fact is that the history of mankind can be described by wars and epidemics. Sticking to the example, one shall notice that difficult situations affecting humanity in history, such as wars, not only brought destruction and poverty, but also they created new exploitable opportunities. Continuing with this idea, it can be concluded that, in the case of the pandemic, we can talk about a war without a declaration, which has hit on employers and workers almost simultaneously all over the world. The real questions are if there is a way out of this, as well as how people can escape from this very situation, both globally and within the framework of that nation's state.