Global economy

Jobs potentially at risk in the wake of the Covid-19 crisis higher for some regions than others

30/04/2020 JPG

The economic consequences of the Covid-19 crisis are likely to affect regions within countries very differently, depending on their areas of economic activity and the policies in place to support workers and firms. Some regions may suffer more than others from containment and social distancing measures, facing initially a steeper economic recession and with larger shares of jobs at risk. The importance of tourism and local consumption – including retail stores and restaurants along with culture and entertainment – partially explains the relatively higher number of jobs potentially at risk in tourist destinations and metropolitan areas.

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