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Vor 2 Tagen · Despite a partial recovery, these levels do not return to pre-displacement level even after ten years. Second, workers’ mental health deteriorates following displacement due to mass layoff (plant closure), primarily due to stress, causing a 15% (16%) increase in outpatient visits for mental health and a 62% (57%) rise in medical costs, particularly among lower-earning, male, and older workers.
Vor einem Tag · By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. [3] Some economies started to recover by the mid-1930s. However, in many countries, [specify] the negative effects of the Great Depression lasted until the beginning of World War II.
Vor 3 Tagen · As a result of the pandemic, the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis. In a baseline scenario--which assumes that the pandemic fades in the second half of 2020 and containment efforts can be gradually unwound—the global economy is projected to ...
Vor 2 Tagen · A recession is a decline in economic activity spread across the economy that lasts more than a few months. A depression is a more extreme economic downturn, and there has only been one in US ...
Vor 2 Tagen · During periods of economic uncertainty, individuals tend to prioritise attending to immediate needs, potentially leading to a decrease in social cooperation and negative impacts on both physical and financial well-being. The enhancement of financial development has the potential to stimulate investments in private sector health infrastructure, whilst policymakers can play a crucial role in ...
Vor 4 Tagen · The phenomenon of the impact of mental disorders, particularly depression, on the reduced productivity of people of working age has been the subject of numerous studies; but, the results presented have tended to ignore the context of the heterogeneity of the socio-economic and institutional determinants of health in the ‘old’ and ‘new’ EU systems, which determine the variation in the ...
Vor 3 Tagen · v. t. e. Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. [1] Statisticians conventionally measure such growth as the percent rate of increase in the real and nominal gross domestic product (GDP).
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