As the pandemic hits economies around the world, unemployment rates are exploding. Young people are particularly affected. Workers aged 15 to 24 are most at risk of losing their jobs.
The number of people out of work grew at a slower pace in June as Germany gradually recovers from the coronavirus blow. The latest figures allay fears of mass layoffs, but it may be too soon to rejoice.
The aerospace giant is facing "the gravest crisis this industry has ever experienced," said Airbus' chief executive. The French government criticized the announcement, saying the figure was "excessive."
As cases of COVID-19 rise in the US, more than 13% of Americans are out of a job. A teacher and an entertainer talk about their difficulties in a state where the unemployment claims system has broken down multiple times.
The world watched in dread as US unemployment reached 40 million at the height of the coronavirus pandemic. Will the economic rebound be strong enough to stop companies from cutting jobs permanently?
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