Lower-to-middle-income countries still struggle with high unemployment rates after COVID-19 lockdowns and economic restrictions, unlike higher-income countries such as Canada, finds a new study led by York University with the University of Witwatersrand in Johannesburg.
This is opposite from the 2008-2009 global economic crisis when higher-income countries suffered more from the recession than lower-income countries.
The study used Twitter sentiments to help compare macroeconomic factors including unemployment and inflation across Nigeria, South Africa and Canada representing lower-middle,…
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News Source: www.sciencedaily.com