Research Aim: This study intends to find the impact of COVID-19 on the creation and elimination of employment around the globe. It will show COVID-19 forced businesses around the world to let go of some jobs and adopt new ones. It will further show what kind of skills employee requires to work in the post-COVID world. Moreover, it will show the effects of COVID-19 employment disruptions on the equilibrium in the job markets (labor demand vs. supply) and the new wage rates.