The coronavirus pandemic swelled the ranks of the unemployed in wealthy countries by over 8 million, leaving 14 million more people not actively looking for a job, according to the Organization for Economic Cooperation and Development.
London The coronavirus pandemic has destroyed 22 million jobs in wealthy countries, according to the Organization for Economic Cooperation and Development.
In a report Wednesday warning of the risk of a rapid rise in long-term joblessness, the Paris-based organization said that employment across OECD countries is not expected to recover to its pre-pandemic level before 2023."The strong economic recovery underway across OECD countries is yet to fully translate into enough new jobs to get employment levels back to pre-pandemic levels in most member economies," according to the report.
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