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Covid-19: the crisis destroyed 114 million jobs in 2020 worldwide

2021-07-07T20:26:40.653Z


The OECD fears the increase in long-term unemployment. She urges to extend aid and invest in training.


Everywhere, employment has been severely affected by the Covid 19 crisis. With great disparities depending on the sector of activity, country or skill, underlines the report "Employment Outlook 2021" of the Cooperation Organization and economic development (OECD).

By the end of 2020, around 114 million jobs had been lost worldwide.

In the OECD area alone, which includes 37 countries, including the richest on the planet, in May 2021 there were still at least 8 million more unemployed than before the crisis and 14 million inactive who had given up looking for work. job.

In this area, the unemployment rate was 6.6% for the whole population and 13.6% for young people.

The return to pre-pandemic levels will not occur before the end of 2022, forecast OECD economists.

Particularly in countries like Colombia or Costa Rica, where the unemployment rate has climbed 4 points in one year.

Read also:

The OECD raises its global growth forecasts for 2021 and 2022

In France, the employment rate has held up well thanks to

"exceptional support"

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Source: lefigaro

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