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We spoke to workers in Asia impacted by the coronavirus, and it shows how the outbreak could affect white- and blue-collar jobs around the world

10 days ago   |   By Business Insider

Carlos Garcia Rawlins / Reuters
The coronavirus, a disease outbreak which has spread to 26 countries since late December, upended work in East and Southeast Asia.
In conversations on how coronavirus impacted work in East and Southeast Asia, white-collar workers expressed greater feelings of job security than low-earning workers, and some small business owners reported losing jobs or pay as a result of t he outbreak.
The pressure to come to work for fear of losing pay can cause a public health hazard, according to experts.
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Korn Opas, the...
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Consumer sentiment hits highest level since 2018 despite coronavirus outbreak

Consumer sentiment hits highest level since 2018 despite coronavirus outbreak

10 days ago   |   By Business Insider

Brendan McDermid/Reuters
American consumers were increasingly optimistic about the economy this month despite a deadly viral outbreak.
The University of Michigan said Friday its key measure of consumer sentiment jumped to 100.9 in early February.
That was near the peak of the expansion and the highest level since March 2018. Economists expected a reading of 99.5.
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American consumers were increasingly optimistic about the economy this month despite a deadly viral outbreak across at least two dozen countries.
The University of Michigan said...
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China's economy is expected to slow to worst pace since financial crisis as coronavirus spreads

China's economy is expected to slow to worst pace since financial crisis as coronavirus spreads

10 days ago   |   By Business Insider

Thomas Peter/Reuters
A deadly viral outbreak is dragging on activity in China and throughout the world.
That could drag the second-largest economy to its slowest pace of growth since the 2008 global financial crisis, according to a new poll.
But economists expect that the economy will recover as soon as the second quarter, propping up full-year growth.
Visit Business Insider's homepage for more stories .
China could expand at the slowest pace since the 2008 global financial crisis this quarter, as a deadly viral outbreak drags on activity in the second-largest economy, a poll showed on...
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