2020/10/07

Covid Has Wiped Out the Economic Dreams of a Generation in Asia - Bloomberg Wealth

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Covid Has Wiped Out the Economic Dreams of a Generation in Asia

 

Winnie Tang, chairman of Esri China (Hong Kong) Ltd., a unit of the California-based software company, Esri, hosting the Johns Hopkins dashboard used to track the virus, said more than 30% of her staff are younger than 30.

 

"The IT industry is booming," she said. Yet Tang, who is also an adjunct professor at the University of Hong Kong, recognizes that the healing process for youth unemployment will take years. "Young workers, even university graduates, may earn less for a decade or even longer," she said.