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Stock impact report

60 million European jobs are at risk from coronavirus [MSN Money]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: MSN Money
Nearly 60 millionjobs© Philippe Lopez/AFP/Getty ImagThe consulting firm warns in a report published Monday that the EUunemploymt rateLoad ErrorMcKinsey timat that one in four jobs across the European Union and the United Kingdom are at risk of a reduction in hours or pay, temporary furloughs or permant layoffs. Profsions that do not require close contact with others, including accountants and architects, are considered low risk, along with those that provide stial servic such as police.Some 55 million workers are employed in high risk profsions, including retail cashiers, cooks, construction workers, hotel staff and actors. Roughly 80% of jobs considered at risk are held by people who do not have a college degree, with employe of smaller compani in particular danger.Under a scario in which Europe fails to contain the virus within three months and is forced to continue social distancing measur through the summer, the EU unemploymt rate will peak at .% in 0, with a full recovery unlikel Show less Read more
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