If history repeats: Coronavirus’ economic danger to youth

Today’s youth face a persistent global underemployment challenge, where they are up to three times more likely to be jobless than adults. And, if recent history repeats itself, it’s about to get worse.

The serious health impacts of COVID-19 seem to be felt by older people above age sixty.  However, as the novel coronavirus—now officially a pandemic according to the World Health Organization—spreads through societies and markets, youth, who account for roughly a quarter of the world’s population, are disproportionately at economic risk.

In response to coronavirus spread, companies and civic groups are canceling conferences and implementing travel bans for employees. Cities are taking significant steps to try and mitigate the extent of the outbreak, including outlawing large gatherings or events, closing schools, limiting entry, and even setting up community containment zones. Increasingly, the threat of coronavirus is influencing individual social and consumer behavior, including self-quarantine and social distancing, canceling personal travel plans, and limiting public exposure and interpersonal contact.

Συνέχεια ανάγνωσης εδώ

 
Πηγή: atlanticcouncil.org