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Job losses during pandemic are 4 times as bad as the 2009 financial crisis - Vimarsana News

Job losses during pandemic are 4 times as bad as the 2009 financial crisis

Job losses during pandemic are 4 times as bad as the 2009 financial crisis Share Updated: 12:20 PM EST Jan 25, 2021 Associated Press Share Updated: 12:20 PM EST Jan 25, 2021 Hide Transcript Show Transcript the first one is the economic relief related to Cover 19 pandemic. Really, the second one is protection protecting the federal workforce. Vice President Harrison I just received a briefing from our economic team and we remain in once in a century public health crisis. That's led to the most unequal job and economic crisis in modern history. And the ...

Source: wcvb.com
Job losses from virus four times as bad as 2009 global financial crisis: UN - Vimarsana News

Job losses from virus four times as bad as 2009 global financial crisis: UN

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 on Monday. The International Labor Organisation estimated that the restrictions on businesses and public life destroyed 8.8 per cent of all work hours around the world last year. That is equivalent to 255 million full-time jobs - quadruple the impact of the financial crisis over a decade ago. "This has been the most severe crisis for the world of work since The Great Depression of the 1930s. Its impact is far greater than that of the ...

The Virus That Shut Down the World: The Yawning Gulf Between Rich and Poor - Vimarsana News

The Virus That Shut Down the World: The Yawning Gulf Between Rich and Poor

The Good Men Project Become a Premium Member We have pioneered the largest worldwide conversation about what it means to be a good man in the 21st century. Your support of our work is inspiring and invaluable. The Virus That Shut Down the World: The Yawning Gulf Between Rich and Poor Inequality between the rich and poor worsened during the COVID-19 pandemic and poverty increased, for the first time in decades.   Inequality between the rich and poor worsened during the COVID-19 pandemic and poverty increased, for the first time in decades. In part two of our series on how the virus has change...