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05 June 2020
The Covid-19 pandemic has become the world’s biggest socio-political and economic shock since the Second World War; a rare disaster, affecting millions and more through health as well as economic challenges due to the disease and ensuing lockdowns.
Under the assumption that the pandemic and required containment will peak in the second quarter for most countries and recede in the second half of the year, the April.
World Economic Outlook projected global growth in 2020 to fall to -three per cent. This is a downgrade of 6.3 percentage points from January 2020, making the Great Lockdown the worst recession since the Great Depression, and far worse than the Global Financial Crisis of 2008.
Source : https://www.thestatesman.com/supplements/career/increasing-employment-opportunities-1502896748.html