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#UN: 195 million people may become jobless in Q2 of 2020

#UN: 195 million people may become jobless in Q2 of 2020
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Tuesday, 28 April, 2020, 22:25

According to the document, small and medium-sized enterprises (SMEs), farm workers, the self-employed, daily wage earners, refugees, and migrant workers are hit the hardest. Jobs in the service industries are affected, including in culture and tourism. A global economic recession will impact global population movements and hence affect countries with high levels of migration, and high remittance flows compared to their GDP.The crisis could lead to a decline in 195 million full-time equivalent workers in the second quarter of 2020 alone, the report says.