Unemployment Spirals Due To Covid-19 Outbreak
The unemployment rate has increased sharply since the end of 2020 amid measures imposed to prevent the spread of the virus.
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unemployment rate Laos
Unemployment Spirals To 23.4 Percent Amid Covid-19 Pandemic
Unemployment in Laos has skyrocketed to 23.4 percent, indicating that about 320,000 people are out of work
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Unemployment In Laos Soared By 20 Percent In 2020
The unemployment rate in Laos skyrocketed to 20 percent in 2020, a 10.6 percent increase compared to the figures for 2017, and the global Covid-19 outbreak was the main factor for the sharp increase in the number of jobless in the country.
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Mass Unemployment The New Normal In SE Asia
A new International Labor Organization report suggests that more than one in six young people worldwide has stopped working since the start of the Covid-19 pandemic, while the rest have seen their working hours cut by almost a quarter.
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Low Unemployment Rate Called Into Question
Laos’ extremely low unemployment rate has been queried by economists and jobseekers alike with many university graduates struggling to find work.
According to tradingeconomics.com citing the World Bank, the unemployment rate in Laos is expected to be 1.40 percent for the fourth quarter of this year, which is predicted to rise to …..