Tens of millions of workers in developed economies will have to retrain for secure careers in post-COVID labour markets reshaped by the pandemic and the remote working revolution, a report by consultancy McKinsey said on Thursday.
The analysis by MGI, McKinsey’s economics research arm, concluded the pandemic’s biggest impacts will be concentrated in four work areas: leisure and travel venues; on-site customer interaction such as in retail and hospitality; computer-based office work; and production and warehousing.
Its scenarios suggested more than 100 million workers in the countries covered by the study - Britain, China, France, Germany, India, Japan, Spain and the United States - may need to switch occupations by 2030, up to 25 percent more than expected pre-pandemic.
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