Search results
Results from the WOW.Com Content Network
There are multiple and complex causes behind youth unemployment. The main causes among them today are the quality and relevance of education, the inflexible labor market, and harsh regulations. The focus regarding youth unemployment discussions mainly touch on how these issues can be adjusted and, in turn, they create a situation of dependence ...
The COVID-19 pandemic caused far-reaching economic consequences [1] including the COVID-19 recession, the second largest global recession in recent history, [2] decreased business in the services sector during the COVID-19 lockdowns, [3] the 2020 stock market crash (which included the largest single-week stock market decline since the financial ...
On 25 March, the World Bank and IMF call for a global debt payment suspension in light of the COVID-19 pandemic. [110] On 5 June, the World Bank stated in its latest Global Economic Prospects report.that the COVID-19 pandemic would shrink the global economy by 5.2 per cent in 2020, the deepest recession since World War Two, triggering a ...
In Japan and South Korea, youth unemployment rates were at historic lows. The U.S. Bureau of Labor Statistics reported that youth unemployment in July was 9.8%, up from 8.7% the same period last year.
One year on, youth unemployment remains a headache, with the reconfigured jobless rate spiking to a 2024 high of 17.1% in July, as 11.79 million college students graduated this summer in an ...
Mark Lowcock, the United Nations' most senior humanitarian official, warned that the COVID-19 pandemic and resulting recession were set to cause the first increase in global poverty in three decades, pushing 265 million people to the point of starvation by the end of 2020, with an appeal to the G20 for $10.3 billion to fight the pandemic in 63 ...
The National Bureau of Statistics said that excluding people still in school, the unemployment rate for young people ages 16 to 24 was 14.9%, while the unemployment rate in cities in December was ...
The timeline of the COVID-19 pandemic lists the articles containing the chronology and epidemiology of SARS-CoV-2, [1] the virus that causes the coronavirus disease 2019 and is responsible for the COVID-19 pandemic. The first human cases of COVID-19 occurred in Wuhan, People's Republic of China, on or about 17 November 2019. [2]