18 million jobs could be lost
in Mexico
 |
| Police officers outside a looted store in Mexico City, 25 March 2020 |
More than eighteen million jobs could be lost in Mexico due
to the ravages of Coronavirus and the resulting massive as well as devastating
inroads into its already fragile economy.
By James Blears
Millions of small businesses are already faltering, looking set and
certain to fold and go under, as the virus takes its grip, with
lockdowns become stricter and more restricting. Big business is also
grievously suffering with tourism virtually stone dead and the automotive
industry grinding to a juddering standstill, with suspended production
almost totally across the board.
Experts predict that adverse effects will bite even deeper
and harder in April with extraordinary levels of unemployment
inevitably following. Trade, transportation and tourism including restaurants
employ more than eighteen million people, which adds up to fifty five percent
of Mexico`s workforce. Hundreds of thousands of shops have already been
shuttered in cities which have become virtual ghost towns.
Mexico is also under the cosh health wise, because of its
very high levels of obesity, diabetes and blood pressure problems.
Không có nhận xét nào:
Đăng nhận xét