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WEF: Unemployment and digital divide short-term effects of pandemic
How COVID made things worse
The WEF Global Risks Report 2021, which was published alongside the summit, revealed how COVID-19 has exacerbated inequalities in health care, education and access to technology.
The report warned that job losses, a widening digital divide, disrupted social interactions, and abrupt shifts in markets could lead to dire consequences and lost opportunities for large parts of the global population.
The seismic shift in the world s labor market, already underway due to technological advances, has been accelerated by several years in just a few short months, prompting Angel Gurria, secretary-general of the Organisation for Economic Co-operation and Development (OECD) to warn of the potential scarring effect of the pandemic on workers.
Frida Polli began her career as an academic neuroscientist at Harvard and the Massachusetts Institute of Technology (MIT). She loved the research she worked on, but soon realized she didn t want to be limited to producing data and writing papers. I wanted the fruits of our research to actually impact real people, says Polli.
At the same time, the neuroscientist was raising a daughter, Ellie, whom she gave birth to in 2005 while in grad school. She became a single parent a year later and was asking herself how she could sustain a career in academia simultaneously. As a postdoctoral fellow at a top-tier university then, you were basically making less than $40,000 a year, she explains. That is not a lot of money if you re living in an expensive city like Boston or New York.