Up to 75 million jobs around the world are expected to be lost, says the World Travel and Tourism Council

The negative impacts of coronavirus pandemic outbreak in the world has affected the world tourism sector threatening the loss of 75 million jobs globally and a $2.1 trillion loss in the Gross Global Product this year.

According to the World Travel and Tourism Council (WTTC), the number of the jobs which are at risk may witness a 50% rise from the previous statistics.

The council also said that Asia-Pacific is expected to be heavily affected with the loss of up to 49 million jobs while the European tourism and travel sector is expected to witness the loss of 10 million jobs, causing nearly $552 billion loss in the GDP of Europe.

 The Americas are also expected to be hit by this crisis. The United States, Canada and  Mexico are expected to lose up to $570 billion, with about seven million jobs at risk.

Other countries that are expected to be hit hard by this crisis include Brazil, the United Kingdom, Italy, Germany, France, Japan, Indonesia and India.

“This chilling new figure also represents the collective delay by many governments around the world to react quickly enough to come to the aid of a sector which is the backbone of the global economy,” Gloria Guevara, the WTTC president and CEO.

Hamda Mustafa

You might also like
Latest news
Registration to obtain passport for Syrian citizens reopened ESCWA, UNCTAD  jointly conduct repost on Syria’s economic collapse during the era of the former regi... Aleppo Artists Syndicate Theater resumes its activities Defense Minister receives Saudi Ambassador in Damascus Hama lawyers and citizens call for lifting sanctions imposed on Syrian people Citizens gathered in Idlib to call for removing sanctions Defense Minister receives Mhardeh city’s delegation 3,183 heaters, 630 kg of olive firewood distributed among the most needy families in Quneitra countr... Security Forces confiscate weapons left behind by the remnant of former regime outside Qerdaha city The first bazaar after victory in Damascus Leader Al-Sharaa receives UNHCR delegation UNFPA representative in Syria visits University Hospital of Obstetrics and Gynecology in Damascus Military Operations, Public Security carry out major combing operation in Lattakia countryside The 13th Saudi aid plane arrives at Damascus International Airport Information Ministry: There are misleading campaigns led by remnants of the former regime to create ... Public security forces foil criminal attacks on sites belonging to Interior Ministry in Lattakia Homs Governor inspects Maryamin Village in the Western country side of Homs Foreign Minister Assad al-Shibani in a Press Conference With his Saudi Counterpart Syria Youth Football Team Wins Over Indian Counterpart In The Opening of the Indonesian Mandri Tourn... Al-Sharaa Receives A High-level Saudi Delegation