Job Losses from Virus 4 Times as Bad as ’09 Financial Crisis
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 U.N. report said Monday.
IMF: Global Economy Will Suffer Worst Year Since Depression
by The Associated Press | Apr 14, 2020
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.
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