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43. Jobs in jeopardy? What a recession means for workers

43. Jobs in jeopardy? What a recession means for workers

FromThe Weekly Tradecast by UNCTAD


43. Jobs in jeopardy? What a recession means for workers

FromThe Weekly Tradecast by UNCTAD

ratings:
Length:
11 minutes
Released:
Apr 26, 2023
Format:
Podcast episode

Description

As many countries celebrate International Workers Day on Monday, this episode of The Weekly Tradecast looks at jobs and work with UNCTAD economist Jeronim Capaldo.  
With inflation and interest rates high, the risk of a global recession still looms, threatening development.
In a recession, workers are often let go as sales drop and companies face pressure to meet margins and repay debts.
The impact can depend on things like location, age and skills but there are still wide disparities in opportunities to find work. Even some big tech companies are already laying off staff. 
What do tougher times really mean for the future of our jobs?
Listen in to Jeronim Capaldo to find out what kind of support workers need and where they can find a bright spot.
Released:
Apr 26, 2023
Format:
Podcast episode

Titles in the series (92)

This series by the UN trade and development body explores how major economic events are affecting developing countries and the lives of billions of people.