OECD "2차 발병땐 최고 12%대 실업률"…일자리 8천만개 증발<br /><br />The COVID-19 pandemic has had a definite impact on the global economy causing millions of people across the world to lose their jobs.<br />The OECD this week released an annual report on unemployment rates.<br />It projects... if a second COVID-19 wave was to hit, 80 million jobs will disappear in OECD member states.<br />Choi Won-jong has the details.<br />The rate of unemployment among OECD nations is forecasted to soar by the end of the year...with industry sectors impacted by the COVID-19 pandemic.<br />According to figures detailed in an OECD report released Tuesday, the average rate of unemployment for all 37 OECD members is projected to be 12-point-six percent in the fourth quarter.<br />The report was the OECD's updated projection based on a "double-hit" scenario of a global second wave of COVID-19.<br />The report say... if average unemployment rates surpass 12-percent, 80 million jobs will soon disappear including those in European countries, Australia, Japan and the United States.<br />Even if the global coronavirus situation stabilizes,... the body noted that the unemployment rate of all OECD member countries will be at 9.4% in the fourth quarter.<br />In Australia, unemployment rate rose to seven-point-one percent in May, but could be as high as nine-point-one percent under a second wave scenario.<br />In the United States, unemployment rate is expected to remain at 10-point-four percent in the fourth quarter of 2020, but could rise if a second wave hits.<br />In the United Kingdom, the rate of unemployment is projected to reach record highs of up to 11.7% by the end of 2020. But in a second wave scenario, it could surpass 14-percent.<br />However, in South Korea, the rate of unemployment was one of the least drastic among OECD member nations and is expected to remain still.<br />The OECD forecasts four-point-eight percent in the fourth quarter, but in a second wave scenario, a rate of five-point-one percent has been forecasted.<br />In the meantime, OECD Secretary General Angel Gurria said that the COVID-19 crisis will cast a long shadow across the world, and it is essential to sustain recovery with sectoral policies to boost job creation.<br />Choi Won-jong, Arirang News.<br />
