The unprecedented scale of job displacements and lost incomes is expected to have far-reaching economic consequences. (Workers at a palm oil plantation - filepic)
MILLIONS across Asia have lost their jobs since the Covid-19 pandemic broke out early last year. One year on, the uneven and weary path to economic recovery continues to cast a shadow on the prospects of the labour market.
Unemployment rates across the Asean+3 region, comprising the 10 Asean economies, China including Hong Kong, Japan and South Korea, spiked up last year as many economies shut their borders and imposed restrictions on movements to prevent Covid-19 transmission.
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