
Covid destroyed 22 million jobs in rich countries
CNN
The coronavirus pandemic swelled the ranks of the unemployed in wealthy countries by over 8 million, leaving 14 million more people not actively looking for a job, according to the Organization for Economic Cooperation and Development.
In a report Wednesday warning of the risk of a rapid rise in long-term joblessness, the Paris-based organization said that employment across OECD countries is not expected to recover to its pre-pandemic level before 2023. "The strong economic recovery underway across OECD countries is yet to fully translate into enough new jobs to get employment levels back to pre-pandemic levels in most member economies," according to the report.More Related News