COVID-19 Hits No-Degree Workers: Guardian

Up to 52 million jobs in Europe are at risk during the pandemic for workers without a university degree, possibly leading to increased social inequality. They may face cuts to hours or pay, temporary furloughs, or permanent layoffs. Workers most at risk include those who work in close proximity to others such as retail staff, cooks and construction workers, while safer jobs consist of those who can work online along with those who provide essential health and food production and distribution services. According to the research by McKinsey, the coronavirus outbreak could widen the gap between rich and poor across Europe because short-term job risk is highly correlated with education levels. Analysts suggest rising unemployment could lead to an increase in crime rates, social unrest and mental illness. Many countries including the United Kingdom have implemented stimulus programs to offset the negative effects on economies and employment. In addition, the outbreak will force some industries around the world to adopt new practices and accelerate economic structural changes, such as remote work and online shopping. – YaleGlobal

COVID-19 Hits No-Degree Workers: Guardian

European workers without degrees face the biggest hit during the pandemic, increasing unemployment and the risk of widening social inequality
Kalyeena Makortoff
Sunday, April 26, 2020

Read the article from The Guardian about risk of job loss linked to low education levels.

Kalyeena Makortoff is the Guardian's banking correspondent.

Europe: Up to 59 Million Jobs Potentially at Risk : Jobs	# of total cluster employment, million	% share of total cluster employment Customer service/sales	 14.40 	25% Food services	 7.60  13% Building	 6.80  12% Production 5.30  9% Office support	 4.90  8% Community services	 4.70  8% Other	 15.10  25%
(Source: European Commission)

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