Five million people in China lost their jobs in January and February this year amid the coronavirus outbreak.
China’s official (but highly doubted) urban unemployment rate jumped to 6.2% – its highest on record – in February. That’s up from 5.3% in January. The jump in unemployment joins several points of data showing how severely the virus has hit growth in the world’s second-largest economy.
By last week. Click the link and read full article
https://technologyelevation.blogspot.com/2020/03/million-people-in-chine-lost-their-jobs.html
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