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The world's biggest commercial rooftop greenhouse sits atop a former Sears warehouse in a semi-industrial northwestern quarter of Montreal. Early every morning, staff pick fresh vegetables, then bring them downstairs, where they get packed into heavy-duty plastic totes along with the rest of the day's grocery orders. Whatever Lufa doesn't grow in its four greenhouses comes from local farms and producers, mostly from within 100 miles. This is a modern foodie's dream: a tech-forward online shop full of locally grown, pesticide-free, ethically-sourced products at reasonable price points, delivered once a week to either your doorstep or a local pickup point in your neighborhood. Customers - Lufavores, as the company calls them - typically place their orders a few days before delivery through the online store, dubbed "the Marketplace," which Lufa built from scratch in 2012. That's how Lufa's suppliers know how much product to provide: They get forecasts first, then final order numbers, through their Lufa software. Technology is the underpinning of Lufa's success, and the owners know it. "We see ourselves as a technology company, in the sense that we solve with software," [cofounder Lauren] Rathmell, 32, says. "Nothing off-the-shelf can be applied to what we do, because it's so complex. We harvest food ourselves; we gather from farmers and food makers throughout the province; most of it's arriving just in time throughout the night to be packed in baskets for that day, and every order is fully unique."
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A grandfather has become the oldest person to row 3,000 miles solo and unassisted across the Atlantic Ocean, raising more than Ĺ640,000 for dementia research. Frank Rothwell, 70, from Oldham, set off from La Gomera in the Canary Islands on 12 December and crossed the finish line in Antigua in the Caribbean on Saturday – reuniting with Judith, his wife of 50 years, in good time for Valentine's Day. He said crossing the finish line was a "completely euphoric moment" as he raised more than Ĺ648,000 for Alzheimer's Research UK in tribute to his brother-in-law Roger, who died with Alzheimer's aged 62 during his journey. Iceland Foods Charitable Foundation has pledged to double the first Ĺ500,000 of donations. Rothwell went on: "I felt quite emotional approaching the finish. It took six long weeks to row the Atlantic, but the challenge itself has taken over 18 months of training and preparation, so I'm very proud of what I've achieved and the unbelievable journey I've been on. The adventurer has previously spent five weeks on a deserted island for a Bear Grylls TV programme, and rowed in a boat nicknamed Never Too Old. Hilary Evans, chief executive of Alzheimer's Research UK, said: "We're incredibly moved by Frank's determination to raise Ĺ1m for dementia research. He has helped to spread awareness and inspired people of all ages to take on their own challenges. Fundraising efforts from ordinary people like Frank and his supporters provide a crucial lifeline to the progression of our research."
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A congressional report found many of the products made by the country's largest commercial baby food manufacturers contain significant levels of toxic heavy metals, including arsenic, lead, cadmium and mercury, which can endanger infant neurological development. The report ... from the House Oversight Committee's subcommittee on economic and consumer policy found heavy metals in rice cereals, sweet potato puree, juices and sweet snack puffs made by some of the most trusted names in baby food. Gerber, Beech-Nut, HappyBABY (made by Nurture) and Earth's Best Organic baby foods (made by Hain Celestial Group) complied with the committee's request to submit internal testing documents. Campbell Soup, which sells Plum Organics baby foods, Walmart (its private brand is Parent's Choice) and Sprout Foods declined to cooperate. Although there are no maximum arsenic levels established for baby food ... the FDA has set the maximum allowable levels in bottled water at 10 ppb of inorganic arsenic. Hain ... used many ingredients in its baby foods with as much as 309 ppb of arsenic. Lead levels in baby foods should not exceed 1 ppb. Beech-Nut used ingredients containing as much as 886.9 parts per billion of lead. In addition, Gerber used carrots containing as much as 87 ppb of cadmium and Nurture sold baby foods with as much as 10 ppb of mercury. And even when baby foods tested over companies' internal limits for these heavy metals, they were sold anyway.
Note: For more along these lines, see concise summaries of deeply revealing news articles on food system corruption from reliable major media sources.
Back in November, Ajeet Jain felt like he was living a nightmare. The large public hospital where he works in India's capital was full of covid-19 patients, hundreds of them so ill they required intensive care. Three months later, the situation is unrecognizable. The number of coronavirus patients at the hospital can be counted on one hand. Out of 200 ventilators, only two are in use. Hospitals treating covid-19 patients around the country report similar experiences. "It's a big, big relief," Jain said. The apparent retreat of the coronavirus in India, the world's second-most populous nation, is a mystery that is crucial to the future course of the pandemic. Epidemiologists in India say that there is only one likely explanation for the decrease in new cases: The virus is finding it harder to spread because a significant proportion of the population, at least in cities, already has been infected. The results of a nationwide antibody survey ... indicated that more than 1 in 5 Indians – about 270 million people – had been exposed to the virus as of early January. In major cities, infection rates are even higher. A recent study of 28,000 people in India's capital found 56 percent had coronavirus antibodies. By comparison, a study published last month estimated that more than 14 percent of the population in the United States had coronavirus antibodies as of mid-November. India has recorded 155,000 deaths, or about 112 per 1 million of population, compared with 1,362 per million in the United States.
Note: Could it be that India's usage of Hydroxychloroquine and ivermectin are also playing a role? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Google's YouTube has ratcheted up censorship to a new level by removing two videos from a U.S. Senate committee. They were from a Dec. 8 Committee on Homeland Security and Governmental Affairs hearing on early treatment of Covid-19. One was a 30-minute summary; the other was the opening statement of critical-care specialist Pierre Kory. Dr. Kory is part of a world-renowned group of physicians who developed a groundbreaking use of corticosteroids to treat hospitalized Covid patients. His testimony at a May Senate hearing helped doctors rethink treatment protocols and saved lives. At the December hearing, he presented evidence regarding the use of ivermectin, a cheap and widely available drug that treats tropical diseases caused by parasites, for prevention and early treatment of Covid-19. He described a just-published study from Argentina in which about 800 health-care workers received ivermectin and 400 didn't. Not one of the 800 contracted Covid-19; 58% of the 400 did. Before being removed from YouTube and other websites, Dr. Kory's opening statement had been viewed by more than eight million people. Unfortunately, government health agencies don't share that interest in early treatment. A year into the pandemic, NIH treatment guidelines for Covid patients are to go home, isolate yourself and do nothing other than monitor your illness. The censors at YouTube have decided for all of us that the American public shouldn't be able to hear what senators heard.
Note: You can access the entire article free of charge on this webpage. Can it be any more blatant that facebook is in cahoots with big Pharma in not wanting cheap, effective treatments for COVID-19? Watch an excellent, eye-opening 14-minute interview with a facebook insider revealing how censorship works. Read about how Silicon Valley is shutting down even live streams by legitimate journalists. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and media manipulation from reliable major media sources.
Pfizer expects to sell $15 billion worth of Covid-19 vaccines in 2021. That would make it the second-highest revenue-generating drug anytime, anywhere, according to industry reports. The maker of the first Covid-19 vaccine to be approved for use in advanced markets has released its earning forecasts for 2021 today. Pfizer expects to earn between $59 billion and $61 billion - up from $42 billion it made in 2020. Sales of the vaccine are set to bring in about a fourth of Pfizer's total revenue this year. That would be nearly as much as its three best-selling products combined. The company is expecting profit margins for the vaccine to be between 25% and 30% which means profits from the vaccine could be around $4 billion. All of Pfizer's costs and profits from the vaccine are split evenly with BioNTech, the biotech company that helped develop the treatment. There are is only one drug in the world that sells more - Humira, a prescription medication for arthritis. Pfizer plans on selling 2 billion doses of the vaccine this year, but that demand should subside in coming years so the revenue of Covid-19 vaccine won't be stable, Pfizer's CEO Albert Bourla said on an call with analysts and investors. The company expects to continue profiting from it by selling booster doses, including ones required to shield against new variants of the virus, Bourla said. Further, Pfizer is pursuing more avenues to employ the mRNA technology underlying the vaccine, including a flu vaccine and other therapeutic applications.
Note: Read more in this revealing Reuters article. For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and Big Pharma profiteering from reliable major media sources.
Nzambi Matee hurls a brick hard against a school footpath constructed from bricks made of recycled plastic that her factory turns out in the Kenyan capital. It makes a loud bang, but does not crack. "Our product is almost five to seven times stronger than concrete," said Matee, the founder of Nairobi-based Gjenge Makers, which transforms plastic waste into durable building materials. "There is that waste they cannot process anymore; they cannot recycle. That is what we get," Matee said, strolling past sacks of plastic waste. Matee gets the waste from packaging factories for free, although she pays for the plastic she gets from other recyclers. Her factory produces 1,500 bricks each day, made from a mix of different kinds of plastic. These are high density polyethylene, used in milk and shampoo bottles; low density polyethylene, often used for bags for cereals or sandwiches; and polypropylene, used for ropes, flip-top lids and buckets. The plastic waste is mixed with sand, heated and then compressed into bricks, which are sold at varying prices, depending on thickness and colour. Their common grey bricks cost 850 Kenyan shillings ($7.70) per square metre, for example. Matee, a materials engineer who designed her own machines, said her factory has recycled 20 tonnes of waste plastic since ... 2017. Matee set up her factory after she ran out of patience waiting for the government to solve the problem of plastic pollution. "I was tired of being on the sidelines," she said.
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Comparing the severity of various lockdown measures across Europe is complicated, with many factors at play. However, it is safe to say they have varied greatly. In France, citizens had to print out certificates before stepping foot outside, whereas in Sweden, everyday life appears to have carried on relatively unchanged. When we look at the number of Covid deaths per capita in these countries ... France and Sweden are almost neck-and-neck [see graph]. And Spain's draconian measures didn't save it from recording far more fatalities than Austria, where the lockdown was comparatively relaxed. The health effects of these lockdowns will most likely exceed the death rate of a virus. In Spain, the economic consequences of the 2008 banking crisis contributed to the 40,000 deaths in excess of the five years prior. Covid-19 has already led that country into an economic state worse than that of their collapse in the mid-17th century. 50 percent of all Covid deaths across Europe have been within care homes. The budget for those in the UK is Ł16 billion. Meanwhile, the hospitality industry, which has been effectively shut down, is the fourth biggest employer in the UK ... as well as generating over Ł73bn of Gross Value Added directly to the UK economy, and a further Ł87bn indirectly. So perhaps, say, tripling the budget for care homes to make them Covid-secure would have been a better way of spending some of the eye-watering Ł400 billion ... since last April to facilitate lockdowns.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
A little more than a third of nursing home workers have been getting COVID-19 vaccines when the shots are first offered, U.S. health officials said Monday. The Centers for Disease Control and Prevention gave a national accounting of a problem that's been reported anecdotally – many nursing home workers are not getting the shots. The CDC looked at more than 11,000 nursing homes and skilled nursing facilities that had at least one vaccination clinic between the middle of December and the middle of January. The researchers found that while 78% of residents got at least one shot, only 37.5% of staff members did. Data previously showed that people who work in nursing homes and long-term care facilities get flu vaccines at lower rates than other health-care workers. Surveys suggest that long-term care workers are skeptical the shots work and don't think viruses spread easily from them to the people they care for. The CDC released a second report Monday that offered a larger national look at who has been getting the vaccine. The CDC study found that of the people who got at least one shot between mid-December and mid-January, 63% were women, and 55% were age 50 or older.
Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.
As of 2018, nearly one in eight Americans use antidepressants. Unfortunately, more than a third of patients are resistant to the mood-improving benefits of medicine's best antidepressant drugs. These people are not completely out of options. There are chemicals already out there that can restore their mood balance, and in some cases, even save their lives. Chemicals such as lysergic acid diethylamide (LSD), psilocybin (magic mushrooms) and dimethyltryptamine (DMT) are more accurately called "serotonergic psychedelics" among the neuroscience community. At the correct doses, psychedelics are well tolerated, producing only minor side effects such as transient fear, perception of illusions, nausea/vomiting or headaches. These fleeting side effects pale in comparison to the severity of commonly prescribed antidepressants, which include dangerous changes in heart rate and blood pressure, paradoxical increases in suicidality, and withdrawal symptoms. As far as outcomes go, psychedelics in combination with psychotherapy are remarkably efficient at treating depression. Compared to selective serotonin reuptake inhibitors, or SSRIs, the current gold standard in antidepressant medication, psychedelics have a faster effect on patients, sometimes effective with only a single therapy session. Psychedelics also have a longer-lasting effect than an SSRI regimen. A 2015 study ... demonstrated that past history of psychedelic use decreases the odds of suicidal thoughts or actions over the course of a lifetime.
Note: Read more about the healing potentials of psychedelic medicine. Explore more positive stories like this in our comprehensive inspiring news articles archive focused on solutions and bridging divides.
Over the weekend, protests against Covid-19 lockdowns rocked the Netherlands, Denmark and Spain, just as several European governments began the new year by stepping up restrictions on movement amid concerns over more contagious variants of the coronavirus. On Saturday, Netherlands began its first nighttime curfew of the pandemic, said to be the country's first since World War II. Saturday evening, protesters set afire a Covid-19 testing centre. Protests rocked capital Madrid on Saturday as 1,300 gathered at the city center, leading police to fine 216 people with penalties of up to 700 euros. Carnegie Endowment for International Peace experts Thomas Carothers and Benjamin Press have categorized the anti-lockdown protests seen in several parts of the world in recent months into three types. The first are libertarian "pro-citizen" movements ... where participants have taken issue with governments restricting their personal freedoms. These attract large crowds– an example being the August 29 protest in Germany, when 38,000 protested in front of the national parliament in Berlin. The second type is seen taking place in developing economies with large informal sectors, where agitators target the impact of lockdowns on their livelihoods. Such protests were seen in Mexico, South Africa and Belgium. The third kind of protests are those objecting to how the lockdown restrictions are being enforced, accusing authorities of acting arbitrarily or of using excessive force.
Note: Why are virtually no major media in the US reporting on these large demonstrations against the lockdowns? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Rep. Katie Porter on Friday published a damning report revealing the devastating effects of Big Pharma mergers and acquisitions on U.S. healthcare, and recommending steps Congress should take to enact "comprehensive, urgent reform" of an integral part of a broken healthcare system. The report, entitled Killer Profits: How Big Pharma Takeovers Destroy Innovation and Harm Patients, begins by noting that "in just 10 years, the number of large, international pharmaceutical companies decreased six-fold, from 60 to only 10." While pharmaceutical executives often attempt to portray such consolidation as a means to increase operational efficiency, the report states that "digging a level deeper 'exposes a troubling industry-wide trend of billions of dollars of corporate resources going toward acquiring other pharmaceutical corporations with patent-protected blockbuster drugs instead of putting those resources toward' discovery of new drugs." Big pharmaceutical companies are not responsible for most major breakthroughs. Rather, innovation is driven in small firms, which are often spun off of taxpayer-funded academic research. These small labs are then purchased by giant firms. Instead of producing lifesaving drugs for diseases with few or no cures, large pharmaceutical companies often focus on small, incremental changes to existing drugs in order to kill off generic threats to their government-granted monopoly patents. Mergers in the pharmaceutical industry have had an overall negative effect on innovation.
Note: The major media, sponsored largely by Big Pharma, completely failed to report on this important study. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.
Ghislaine Maxwell reportedly asked a "room of underage girls" to dance for Jeffrey Epstein. Ms Maxwell, 58, was charged last summer with six counts of recruiting and grooming girls and young women to be sexually abused by both her and Epstein, her former business partner and boyfriend. On Wednesday, 112 legal documents totaling thousands of pages were made public in the US. The documents included redacted witness testimony accusing Ms Maxwell of preying on underage girls and forcing them to perform sexual favours for Epstein's gratification. "Maxwell direct a room full of underage girls to kiss, dance, and touch one another in a sexual way for defendant and Epstein to watch," the statement said. A separate witness claimed that Ms Maxwell recruited her from a school campus to have sex with Epstein, by initially informing her that she would be hired as a personal assistant. While another released document alleges that "ample evidence in this case establishes that not only did Defendant [Maxwell] recruit underage girls for massage and sexual activities with Epstein, but that she participated in calling the girls; getting other people to bring girls; talking to the girls; taking massages from and leaving messages about the girls; and scheduling the girls to come over".
Note: For more along these lines, see concise summaries of deeply revealing news articles on the Jeffrey Epstein scandal from reliable major media sources.
It is widely regarded as the world's most potent spyware, capable of reliably cracking the encrypted communications of iPhone and Android smartphones. The software, Pegasus, made by an Israeli company, NSO Group, has been able to track terrorists and drug cartels. It has also been used against human rights activists, journalists and dissidents. Now, an investigation published Friday by The New York Times Magazine has found that Israel, which controls the export of the spyware ... has made Pegasus a key component of its national security strategy, using it to advance its interests around the world. The F.B.I. bought and tested NSO software for years with plans to use it for domestic surveillance until the agency finally decided last year not to deploy the tools. The F.B.I., in a deal never previously reported, bought the spyware in 2019. It also spent two years discussing whether to deploy a newer product, called Phantom, inside the United States. The discussions at the Justice Department and the F.B.I. continued until last summer. But Pegasus equipment is still in a New Jersey building used by the F.B.I. And the company also gave the agency a demonstration of Phantom, which could hack American phone numbers. A brochure ... says that Phantom allows American law enforcement and spy agencies to "turn your target's smartphone into an intelligence gold mine." In 2018 ... the C.I.A. bought Pegasus to help Djibouti, an American ally, fight terrorism, despite longstanding concerns about human rights abuses there.
Note: Read about how NSO Group spyware was used against journalists and activists by the Mexican government. For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and the disappearance of privacy from reliable major media sources.
The leader of the far-right Proud Boys group was a "prolific" informer for federal and local law enforcement, reports say. Enrique Tarrio worked undercover for authorities after he was arrested in 2012, according to a 2014 federal court document obtained by Reuters. During a Miami court hearing a federal prosecutor, an FBI agent and Mr Tarrio's lawyer described his work for law enforcement and said that he had helped convict more than a dozen people in drugs, gambling and human smuggling cases. He has become an increasingly high-profile figure as his violent group gained an elevated profile during the Trump administration. The ex-president infamously told the group to "stand back and stand by" when asked to denounce them during a presidential debate last September. They have been involved in a string of high-profile clashes in Washington DC, including the 6 January pro-Trump Capitol riot. [Mr Tarrio] was arrested in Washington DC in January two days before the riot and charged with possession of two high-capacity rifle magazines, and setting fire to a Black Lives Matter banner during a December pro-Trump demonstration in the city. Mr Tarrio was ordered to leave the city and has a June court date. During the 2014 court case Reuters says that Mr Tarrio's lawyer and prosecutors asked a judge to reduce his prison sentence after he and two defendants pleaded guilty in a fraud case related to stolen diabetes test kits. The prosecutor told the judge that Mr Tarrio had provided information that resulted in the prosecution of 13 people.
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The end of 2020 brought the sharpest rise in the U.S. poverty rate since the 1960s, according to a new study. Economists Bruce Meyer from the University of Chicago and James Sullivan of the University of Notre Dame found that the poverty rate increased by 2.4 percentage points during the latter half of 2020 as the U.S. continued to suffer the economic impacts of COVID-19. That percentage-point rise is nearly double the largest annual increase in poverty since the 1960s. This means an additional 8 million people nationwide are now considered poor. Moreover, the poverty rate for Black Americans is estimated to have jumped by 5.4 percentage points, or by 2.4 million individuals. The scholars' findings, released Monday, put the rate at 11.8% in December. While poverty is down from readings of more than 15% a decade earlier, the new estimates suggest that the annual Census Bureau tally due in September will be higher than the last official, pre-pandemic level of 10.5% in 2019. Black Americans were more than twice as likely to be poor than their white counterparts in December – an improvement from the summer months when they were nearly three times more apt to live in poverty – but an increase from before the pandemic, when the differential was under two. Despite improvements in the overall poverty rate since the middle of the 20th century, Black Americans had been about three times as likely to be poor as white Americans for most of the past 60 years.
Note: Meanwhile, as the Washington Post reported on Jan. 1, 2021, "billionaires as a class have added about $1 trillion to their total net worth since the pandemic began." The CDC also reports overdose deaths hit a record high last year. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and income inequality from reliable major media sources.
Genius" dogs learn new words after hearing them just four times, a study has found - making them as quick as three year olds. Dogs which have a special talent for remembering verbal cues can rapidly expand their vocabulary simply by playing with their owners, according to the research. Whisky, a four-year-old female Border Collie from Norway, and Vicky Nina, a nine-year-old female Yorkshire terrier from Brazil, were able to fetch the correct toy after being exposed to the object and its name just four times, despite not receiving any formal training. Scientists say these highly intuitive dogs are therefore able to learn new words at the same speed as toddlers aged two and three. To test whether most dogs would be as successful as Whisky and Vicky Nina at learning new words, 20 others were tested in the same way - but none showed any evidence of understanding the new toy names. This confirms that only very few dogs which are especially gifted are able to learn words quickly in the absence of formal training, the scientists concluded. However, the study did reveal that Whisky and Vicky Nina's memory of the new toy names decayed over time due to them only hearing the names a few times.
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President Joe Biden ordered his Department of Justice on Tuesday to phase out its contracts with private prisons, one of multiple new planks of Biden's broad-focused racial justice agenda. Biden signed four additional executive actions after laying out his racial equity plan at the White House. The actions are aimed at combating discriminatory housing practices, reforming the prison system, respecting sovereignty of Tribal governments and fighting xenophobia against Asian Americans, especially in light of the Covid pandemic. "I ran for president because I believe we're in a battle for the soul of this nation," Biden said before signing the actions. "And the simple truth is, our soul will be troubled as long as systemic racism is allowed to persist." "For too many American families, systemic racism and inequality in our economy, laws and institutions, still put the American dream far out of reach," domestic policy advisor Susan Rice said at a press briefing preceding Biden's speech and signings. "These are desperate times for so many Americans, and all Americans need urgent federal action to meet this moment," Rice said. "Building a more equitable economy is essential if Americans are going to compete and thrive in the 21st century." Rice noted in the briefing that Biden's order to the DOJ does not apply to private-prison contracts with other agencies, such as Immigration and Customs Enforcement. That order is "silent on what may or may not transpire with ICE facilities," she said.
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The pandemic has worsened income inequality, with the world's richest people regaining their losses from COVID-19 shutdowns in nine months while the number of people living in poverty has doubled to more than 500 million, according to a new report from the anti-poverty group Oxfam. Almost 9% of total working hours were lost last year when compared with the levels of employment at the end of 2019, before the pandemic shuttered the economy, according to a separate report from the International Labour Organization (ILO), a United Nations agency. That's the equivalent of 255 million full-time jobs lost across the globe, or about four times greater than the impact from the Great Recession of 2009. The world's poorest could take a decade to regain their financial footing. Oxfam describes the pandemic's impact as "the greatest rise in inequality since records began." The International Labour Organization said the crisis has been the most severe on work since the Great Depression in the 1930s. "Its impact is far greater than that of the global financial crisis of 2009," said ILO Director-General Guy Ryder. America's richest people have seen their wealth soar during the pandemic by more than $1 trillion, thanks to a booming stock market and a K-shaped recovery that has benefited the rich, while poorer people have struggled with lost wages and jobs and future opportunities. It's a rich vs. poor phenomenon that is replicating across the globe.
Note: The media continue to blame the pandemic for these dire consequences when it is clearly not the virus, but the lockdown policies that are the main reason for this huge increase in poverty and income inequality. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and income inequality from reliable major media sources.
The economic blow from Covid-19 has cost workers around the world $3.7tn (Ł2.7tn) in lost earnings, after the pandemic wiped out four times the number of working hours lost in the 2008 financial crisis. The International Labour Organization (ILO) said women and younger workers had borne the brunt of job losses and reductions in hours, and warned that people in sectors hardest hit by the crisis – such as hospitality and retail – risked being left behind when the economy recovered. Sounding the alarm that entrenched levels of inequality risked becoming a defining feature of the economic rebound from Covid-19, the Geneva-based agency said that governments around the world needed to take urgent action to support those at the heart of the storm. In its annual analysis of the global jobs market, it said 8.8% of working hours were lost in 2020 relative to the end of 2019, equivalent to 255m full-time jobs. This is approximately four times bigger than the toll on workers as a consequence of the 2008-2009 financial crisis. These "massive losses" resulted in an 8.3% decline in global labour income, before government support measures are included, according to the ILO, equivalent to $3.7tn in earnings – about 4.4% of global GDP. Women have been more affected than men by the disruption to the jobs market, with female workers more likely to drop out of work altogether. Younger workers have also been particularly hard hit, either losing jobs, dropping out of the labour force or delaying the search for a first job.
Note: In the meantime, MSN reports that billionaires made $3.9 trillion during the pandemic. Is this the kind of wealth transfer that supports humanity? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.