More than 150-million jobs out of the continent's 450-million are at risk
The national lockdowns imposed on various African countries could wipe out about a third of jobs across the continent, a report by global consultancy firm McKinsey has warned.
ahead of the virus in terms of testing, isolating and providing treatment to those who are affected”, the economic costs are high, with people forced out of work and food supply chains disrupted. “Unfortunately we are also seeing the negative impact in terms of the economic squeeze, people are not able to work,” she said.
“We think that another 30-million to 35-million people will have their salaries reduced. Some of them are going to be let go, some of them will have reduction in work hours,” Leke said.
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