Future of work
A curated resource of recent research on trends shaping Canada's labour market.
Using data from Oxford Economics, Baker McKenzie found that the automotive, textile, and electronics sectors are the hardest hit by the COVID-19 pandemic. The good news is that they are also likely to rebound by the first half of 2021. The report suggests that businesses must take quick action to tackle operational, labour, and demand/supply constraints. They must also revisit strategic planning and re-consider business models post-COVID-19. For example, work models may adopt and use more technology, agility programs and virtual meetings. The pandemic may well accelerate the digital transformation of the workplace, not just during the massive shift to self-isolation but also into the future.