Topic: solution to job polarization caused by COVID-19
Requirement:
- Assume that your reader has some background in economics.
- Introduction: Introduce your topic, implicitly demonstrate its importance, highlight the main points of your work, and (possibly) outline the structure of your paper.
Try to captivate the reader from the start (include some numbers and/or stylized facts, not forgetting to mention the source).
- Try to cover all aspects of your chosen topic.
- Conclusion: Keep it brief; try not to repeat your introduction.
- References: Detailed list of references, not just hyperlinks.
- Writing style: The style of your essay should be academic (objective, formal, precise, and cautious). Your statements should be based on facts, not on personal opinion. You should support them by referencing academic papers, journal articles, and data sources. Try to avoid direct quote.
- Citations: Economic papers usually follow the author-year system. Include in-text citations, Author (Year). Detailed list of references in a bibliography section at the end of your work.
- Use data or graphs.
- About 10 pages long (12-point font, double spacing).
There are some ideas: (you can choose others as well)
Encourage re-skilling and up-skilling: Governments, educational institutions, and businesses can work together to provide training programs that help workers acquire new skills and transition to industries with a higher demand for labor.
Invest in technology: COVID-19 has accelerated technology adoption, and businesses can invest in automation and other technologies that can help create new jobs, reduce costs, and increase efficiency.
Support small businesses: Small businesses have been hit hard by the pandemic, and many have been forced to close down. Governments can provide financial assistance and support programs to help these businesses recover and create new jobs.
Increase social safety nets: Governments can increase social safety nets such as unemployment insurance and social assistance programs to support workers who have lost their jobs due to the pandemic.
Implement flexible work arrangements: Remote work has become more prevalent during the pandemic. Businesses can implement flexible work arrangements that allow workers to work from home or have more control over their work schedules.
Foster innovation and entrepreneurship: Governments can create policies and programs that encourage innovation and entrepreneurship, creating new jobs and driving economic growth.
Focus on sustainable industries: Governments can invest in sustainable industries such as renewable energy, creating new jobs and contributing to environmental sustainability.
Overall, addressing job polarization caused by COVID-19 will require a coordinated effort between governments, businesses, and educational institutions. Implementing these solutions can help workers transition to new industries and create a more inclusive and resilient economy.