Coronavirus live: Pandemic widens global economic generation gap
Unemployment rate surges to 16.6% for under-25s, global report reveals
The Covid-19 pandemic has widened the gulf between generations, with people aged under 25 far more likely to be unemployed, a global report has revealed.
The unemployment rate has surged by 4.9 per cent since February, from 11.7 per cent to 16.6 per cent, for those aged 15 to 24 – more than double the rise for those aged 25 and over.
The UAE Ministry of Health announced a record-high 1,578 new cases of coronavirus on Thursday after 114,483 tests in the 24 hours.
That took the country's total number of infections to 120,710. Another 1,550 recoveries and two deaths were also reported.
Globally, coronavirus cases have passed 41.5 million, with many countries reporting record-high numbers over past weeks.
The world death toll has passed 1.13 million and there have been more than 28.1 million recoveries.
Updated: October 22, 2020 11:40 PM