In: Economics
Covid-19 makes us recognize those people whose jobs are indispensable to the functioning of society, including front-line health-care workers, grocery workers, and delivery workers. Many earn low incomes while bearing the risk of becoming infected to meet other people’s living and medical needs. What new perspective does Covid-19 give you on the different importance of the essential/non-essential jobs to our economy? (You may want to refer to the material on care from Nancy Folbre earlier in the semester.) Feel free to reflect on how Covid-19 may have altered your future career plans.
From the economic perspective earlier the concept is that if the risk is high the return should be high and similar goes with the salary sensible but due to the the current pandemic situation the frontline health workers and grocery people have been receiving and yet they are earning low incomes only. In this regard you have to understand the fact that as far as the frontline workers are concerned they have opposed to the actual existing economic scenario of risk and salary and this is a new perspective that arose from the current pandemic. That is the reason why you have to understand the loss economically and mentally that the essential service workers are facing and this makes it very important to understand about the salary levels and the growth rates of them and the government must place valuable schemes on the essential service workers so that they develop equally as well in line with that of other sector workers on the whole