Job losses from virus 4 times as bad as ’09 financial crisis

  • Date: 25-Jan-2021
  • Source: Egypt Independent
  • Sector:Economy
  • Country:Middle East
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Job losses from virus 4 times as bad as ’09 financial crisis

GENEVA (AP) “” Four times as many jobs were lost last year due to the coronavirus pandemic as during the worst part of the global financial crisis in 2009, a UN report said Monday. The International Labor Organization estimated that the restrictions on businesses and public life destroyed 8.8% of all work hours around the “¦ Continued

The post Job losses from virus 4 times as bad as '09 financial crisis appeared first on Egypt Independent.GENEVA (AP) “” Four times as many jobs were lost last year due to the coronavirus pandemic as during the worst part of the global financial crisis in 2009, a UN report said Monday. The International Labor Organization estimated that the restrictions on businesses and public life destroyed 8.8% of all work hours around the “¦ Continued

The post Job losses from virus 4 times as bad as '09 financial crisis appeared first on Egypt Independent.