Coronavirus could cost Mexico a million jobs: president


  • World
  • Monday, 25 May 2020

FILE PHOTO: Mexico's President Andres Manuel Lopez Obrador attends a news conference at the National Palace in Mexico City, Mexico February 18, 2020. REUTERS/Henry Romero

MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Sunday that the novel coronavirus could cost as many as a million jobs in the country as many industries considered not essential remain shut.

The Mexican economy was already in recession before the pandemic struck and different investment banks have forecast contractions as large as 9% for this year with only a gradual recovery next year.

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