Job losses hit 710,000, leaving rich Nordic nations in shock
Economic standstill caused by coronavirus is a ‘tsunami’ that’s rolled over businesses — and it is getting worse
30 March 2020 - 17:44
In one of the richest and stablest corners of the globe, almost three-quarters of a million people are suddenly out of a job due to the economic standstill triggered by the spread of the coronavirus.
With a combined population of roughly 27-million people, the Nordic region has seen 605,000 workers put on temporary leave in recent weeks, many without paychecks. Another roughly 105,000 have been fired, according to calculations by Bloomberg based on company statements and data provided by national authorities as of Monday...
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