Tens of millions face losing jobs in escalating coronavirus crisis
Share:
GENEVA/WASHINGTON (Reuters) - Global job losses from the coronavirus crisis could far exceed the 25 million estimated just days ago, U.N. officials said on Thursday, as U.S. jobless claims surged to record levels, starkly showing the scale of the economic disaster.The International Labour Organization, a U.N. agency, had estimated a week ago that, based on different scenarios for the impact of the pandemic on growth, the global ranks of the jobless would rise by between 5.3 million and 24.7..