IATA identified India, Indonesia, Japan, Malaysia, the Philippines, Republic of Korea, Sri Lanka and Thailand as the countries that need to take immediate action
The rate of unemployment in rural India stands higher at 26.7 per cent as against urban 25.1 per cent.
IBO said in terms of its impact on employment, a recession in which the city lost 475,000 jobs would be the worst it has faced since the early 1970s
While Microsoft has almost halved its job openings in three weeks, its subsidiary LinkedIn has reduced vacancies from 510 to 2
In Africa, Asia and the Pacific and the Middle East, 100% of destinations have adopted COVID-19-related restrictions since January 2020
Employment rate in March fell to an all time low of 38.2 per cent, and the "scene gets much worse as we move into the lockdown period," CMIE said
Coronavirus impact: Some companies have even taken a 90-day no-layoff pledge as lockdown continues amid the coronavirus pandemic
Unemployment rate largely remained under 8 per cent from April 2019 till February 2020, except in July and October when it surpassed the 8 per cent mark
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