Alarming data, based on research from a global travel and tourism agency, points to a huge decline in GDP travel and tourism in the world economy, which claims to be $ 2.1 trillion (one thousand billion) dollars in 2020.
The risk of losing a job has increased by 50% in less than two weeks!
This is pretty a significant and worrying trend, which indicates that tare several million jobs lost daily in the travel and tourism sector due to the large effect of the virus coronary pandemics.
An analysis of the WTTC, which is a global private travel and tourism sector, also reveals the depth of the crisis for individual regions.
Specifically, it is expected that the Asia-Pacific region will be under the greatest impact, and to get to 49 million jobs (!!) in this part of the world it could be “shut down”. This represents a loss of nearly $ 800 billion of GDP travel and tourism.
Ten million jobs in the tourism sector endangered in Europe
The latest figures also indicate that in Europe, up to 10 million jobs in tourism at risk, representing a total loss of nearly $ 552 billion.
America is also expected to be hard hit by this crisis, and that the United States, Canada and Mexico will lose up to $ 570 billion together, while almost seven million jobs in tourism endangered in this climate.
Among the countries that will be most financially affected by this crisis in terms of tourism Brazil, United Kingdom, Italy, Germany, France, Japan, Indonesia and India.
“The number of jobs now at risk in the global travel and tourism sector is an astounding 75 million, creating deep concern for millions of families worldwide. This alarming new figure also represents the collective delay of many governments around the world to react quickly enough to help the sector that is the backbone of the global economy. Unless immediate action is taken in the coming days, the travel and tourism sector will face an economic downturn that will be impossible to repair soon. Not only will this have a huge negative impact on large businesses in the travel and tourism sector worldwide, the “domino effect” will also result in huge job losses across the supply chain, affecting employees and small business owners, “said Gloria Guevara, President Of the WTTC.
Germany's most vulnerable, at least the Middle East
The expectations are yes Germany is the most endangered country in Europe, with nearly 1.6 million jobs at risk, then Russia, with 1.1 million people at risk of losing their jobs.
Italy and the UK follow as the third most affected, with both countries expected to lose up to one million jobs in the travel and tourism sector.
Meanwhile, the region that has come to fruition least detrimental impact since the outbreak of the Covid-19 virus has Near East.
Yet it also faces job losses of 1.8 million, as well as a loss of GDP of up to $ 65 billion.
Recall that the travel and tourism sector accounts for 10.4% of global GDP, and that he was directly responsible for creating one in 10 world jobs, and for eight consecutive years has outpaced the growth of the global economy.
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