Send to Kindle
www.pixabay.com
The COVID-19 pandemic will dramatically increase global unemployment. Approximately 25 million people to lose their jobs, the United Nations said.
"The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million", says a new study by the International Labor Organization.
"However, if we see an internationally coordinated policy response, as happened in the global financial crisis of 2008/9, then the impact on global unemployment could be significantly lower.", the report said.
Workers worldwide will lose up to $ 3.4 billion in revenue this year alone.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Corruption in Bulgaria has soared to its third highest peak in history, according to a recent report by the Center for the Study of Democracy
Data from a recent global poll conducted by the world association "Gallup International" represent the diverse perceptions surrounding the threat posed by the coronavirus pandemic
Tensions soar as Israel and Iran engage in a heated exchange of accusations during an emergency session of the UN Security Council convened in the aftermath of Tehran's barrage of rockets and drones targeting Israel
Britain finds itself amid a heated debate as the National Health Service (NHS) suspends funding for a program offering gender reassignment medication to children under 18
Bulgaria has stirred controversy by casting a dissenting vote against a resolution proposed in the UN Human Rights Council, which sought to impose a ban on arms sales to Israel in light of the ongoing conflict in the Gaza Strip
European prosecutors are delving into allegations of corruption surrounding the COVID-19 vaccine negotiations between European Commission President Ursula von der Leyen and Pfizer CEO Albert Bourla
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
