Miguel Jaramillo: “In March and April, 16% to 20% of formal employment would be lost by COVID-19”
“In March and April 16% to 20% of formal employment would be lost by COVIDー19.” According to Miguel Jaramillo, senior researcher at GRADE, this figure would correspond only to normal job rotation. The impact of the pandemic could increase the level if layoffs are considered. In addition, he believes that the horizon to recover activity is at least one year. Read this interview from the newspaper El Comercio.
