Corona lockdown: Unemployment rate rises across Arab countries
Corona lockdown, rising unemployment rate in Arab countries, confirm reports.
According to the report of Baaghi TV, the corona virus spread from China has caused havoc all over the world, due to which, a lockdown has been implemented in many countries. During the lockdown, unemployment has increased in many countries including the United States.
Former Chief Secretary may resume his post
Unemployment has also risen in Arab countries during the lockdown. More than 7 million people could lose their jobs in the second quarter of this year.
Only a coordinated national effort will lead Pakistan towards prosperity: COAS
Mustafa Saeed, an expert on labor-related activities in Arab countries, says that since the outbreak of the Corona epidemic in the second quarter of this year, about 10.7% of the world’s working hours will be lost, which is 48 per week. The hourly loss ratio is equivalent to 305 million jobs.
Watch Mubasher Lucman challenging PALPA in his latest video
Mustafa Saeed said that as far as the region, including most of the Arab countries, is concerned, an estimated 700,000 jobs are expected to be lost in the second quarter. Both economic recovery policies and procedures will help offset the losses. The youth are the most affected. The crisis of unemployed youth predates the spread of the corona virus, as the number of unemployed has reached 267 million young people between the ages of 18 and 28.
Punjab Government orders to suspend the supplementary exam at UHS
He explained that the organisation’s recent report shows that the number of young people in the crisis zone is close to 4 million and they are at risk of losing their jobs.
Reshuffling of Chief Secretary Punjab raises serious questions: Lucman
Moulana Tariq Jameel in critical condition
COVID-19: Total number of cases crosses 70,000 in Pakistan
Uzma Khan’s legal team to disassociate from violence case
PPP Workers are threatening me, given details to cyber wing: Cynthia D. Ritchie
US President announces deployment of troops to quell protests
Stay tuned to Baaghi TV for the latest news and updates.
