Commentary: COVID-19 could shrink earnings of 2020 graduates for years to come

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

The looming economic downturn could have distinct consequences for the Class of 2020 that outlast the economic downturn itself, say observers.

The Class of 2020 could feel the effects of a recession well after the recession has ended.

FILE PHOTO: Students wearing protective masks leave after taking their exams in New Delhi, India, March 6, 2020. REUTERS/Anushree Fadnavis All else equal, it pays more to major in engineering than theatre. And these differences are magnified after recessions.WHAT YOUTHS CAN DOFirst, young people should take care of their health. While the individual risks of COVID-19 may seem low for them, young people can nevertheless get quite sick, and they can transmit the virus throughout their communities – including to their more vulnerable friends, neighbors and relatives.

A delivery worker rides a vehicle past a vendor waiting for customers in Jingzhou, after the lockdown was eased in Hubei province, the epicentre of China's coronavirus disease outbreak, March 27, 2020. REUTERS/Aly Song

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

WHAT

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

i Light Singapore 2020 cancelled due to COVID-19The annual light art festival was originally meant to be postponed but has now been cancelled due to more stringent guidelines. No worries, there's always next year and onwards. Some highlights from my personal photo collection over the past years (I'm no pro, don't judge):
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

With 2020 race all but halted over COVID-19, Biden quietly widens lead over Trump: PollNEW YORK: Democratic presidential front-runner Joe Biden has quietly expanded his lead over President Donald Trump among registered voters, even ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Samsung Display to end all LCD production by end 2020South Korean panel maker Samsung Display has decided to end all of its production of liquid crystal display (LCD) panels in South Korea and China ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Courier Services Singapore (2020) – Which Delivery Service Is Cheapest?I love buying and selling stuff on Carousell as much as the next person (actually, probably a lot more), but the one thing that I hate is having to deal by mail or meetup.
Source: YahooSG - 🏆 3. / 71 Read more »

Singapore private home prices fall 1.2% q-o-q in Q1 2020: URA flash estimateTHE Urban Redevelopment Authority (URA) flash estimate for the first quarter of 2020 shows that its overall price index for private homes shrank 1.2 per cent over the preceding quarter. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

2020 Games postponement signals growing power shift from IOC to athletesTweeting from her Toronto couch two weeks ago, six-time Olympian Hayley Wickenheiser had two words for the International Olympic Committee, which ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »