There is no doubt the negative effect the pandemic has had on business and the economy in
general. Most enterprises are struggling to say afloat while there is no hope for others to recover. But there are some industries that are somewhat expected to survive due to various reasons such as being essential. Here are some of those industries and how they are adapting to the crisis.
Medical industry
This sector has quite an extensive field with various possible career paths. Since the current crisis is a health issue, the stakeholders cannot but stay involved for the benefit of all. They may not necessarily be making a profit the expected way, but they are doing their very best to help. Some branches in the field, like the pharmaceuticals, are going the extra mile to develop tools to make health care delivery much easier. For example, the portable medicine fridge is an innovation that will help transport life-saving essentials like vaccines to and from various destinations.
Entertainment or news industry
One characteristic of the COVID-19 pandemic is the rapidly evolving nature of the virus. Nobody knows precisely where it comes from and how to stop it – yet. So in an effort to control the damage, people rely on the news to equip themselves with the information they need. While it may be a lot to take in, it is necessary if indeed there’s a willingness to fight against the disease. Also, with the issuance of lockdown and stay at home protocols, more and more people are turning to the various sources of entertainment available. For example, the movie streaming platforms are the go-to for people as a distraction from what looks like a grim future.
Online education and remote learning
One sector that has been impacted and not in a good way is the education sector. Schools are shutting down with no confirmed date of reopening. Company staff is also forced to work from home, which comes with its own challenges. The next best thing is remote work and online education. Indeed, during this time, there has been a surge in getting things done online, and the education sector is right on top of the list. From zoom classes and self-teaching tutorials to training sessions and conferences, people are beginning to realize that things may not get back to normal and adjusting accordingly. This alternative to classroom learning and office work is flexible, convenient, and indeed works. It, however, comes with its own challenges that are experienced differently all over the world, but all in all, it seems like it has come to stay.
While these industries seem to be doing well, they are also struggling one way or another. For those in the news and medical industry, they have to expose themselves to risky situations to gather useful information for the public. Internet access also makes it quite difficult for some to really benefit from online and remote education going on. But as time goes on, better tools, equipment and gear are being developed to make it safer and more efficient to work.