The COVID-19 pandemic caused unemployment and layoffs across the world, and hit youth particularly hard. This was particularly the case in South Asia, where the employment deficit was estimated to be above 12 percent in 2020 and 2021, compared to 2019 employment levels. Meanwhile, the deficit was estimated to have turned in Western, Southern, and Northern Europe by 2022.
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The COVID-19 pandemic caused unemployment and layoffs across the world, and hit youth particularly hard. This was particularly the case in South Asia, where the employment deficit was estimated to be above 12 percent in 2020 and 2021, compared to 2019 employment levels. Meanwhile, the deficit was estimated to have turned in Western, Southern, and Northern Europe by 2022.