Whiteshield joins Harvard Business Review to discuss job market resilience

Key points of Whiteshield’s Global Resilience Index (GLRI) 2022 were discussed during a webinar hosted and moderated by the Harvard Business Review (HBR) and MIT Technology Review. Whiteshield shed some light on the importance of resilient labour markets, reducing the gender gap in the labour force, and other structural challenges affecting employment.

Nobel Prize in Economics Awardee Sir Christopher Pissarides, Chair of the GLRI Advisory Board and Director & Special Advisor of Whiteshield led the panel discussions, along with key executives from the consultancy firm including Fadi Farra, Managing Partner, and Amira Bensebaa, Manager.

The panel centred discussions on how resilient the labour markets are amid the biggest job crises since the Great Depression. The COVID-19 pandemic has significantly impacted labour markets and highlighted vulnerabilities faced by various sectors, particularly women and youth. The panel noted that it is important to develop inclusive policies that support vulnerable yet key segments such as women and youth in assessing and ensuring a resilient labour market. Short term and long-term policies are combined to reduce impact during a crisis and address root causes such as gender-based discrimination

As labour markets recover from the pandemic, policymakers should also focus on transforming strategies from crisis risk to crisis response approach. 

Whiteshield’s GLRI is launched annually in Davos and provides a guide for the public and private sectors in developing policies to improve employment-related inclusivity and increase efforts in building a resilient labour market, particularly in unforeseen economic, social, or health-based crises.

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