Economics
Fear of Job Loss Haunts Half of World’s Workers as Crisis Rages
- Survey of 27 countries shows livelihood worries amid crisis
- Germany has lowest job insecurity, while Russia’s is worst
This article is for subscribers only.
More than half of workers around the world are worried about losing their jobs, according to a survey measuring labor-market insecurity wreaked by the coronavirus crisis.
The poll of 12,430 people for the World Economic Forum showed 54% of them are either “very concerned” or “somewhat concerned” that their employment will cease in the next year. Respondents were from 27 countries spread around the world, including almost all of the Group of 20 economies.