M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
"A collapse in the labor market that has never been seen before," Michael McKee of Bloomberg. Sadly, the direct unfavorable effects will be felt quickly in household incomes and, importantly, a strong sense of economic insecurity. The negative spillover effects -- and, unfortunately, there will be many -- will be felt both immediately and over time. #economy #markets #jobs #jobless #unemployment #employment #wellbeing #familyprotection
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#familyprotection