Early in 2020, when it was supposed to be an early spring with melting snow and ice and a cold spring, and everyone was harboring hopes for a good new year, who could have imagined that an outbreak called the new coronavirus would sweep the world in a matter of dozens of days. The virus seemed to have become invisible, and everyone was at risk for a while. Medical professionals working night and day on the virus strain were at a loss, and supermarkets were selling masks off the shelves. Hospitals were flooded with patients, and life became fragile all of a sudden. The horror of the epidemic was not limited to this, and the global economy was greatly affected.
At one point, all factories, businesses, and stores shut down, people stayed home as much as possible to quarantine their homes, and the streets were cold and empty. Under the epidemic, all industries have been affected, which the most serious impact is the tourism, aviation and catering industries. The World Health Organization says the epidemic will cause hundreds of millions of people to fall back into extreme poverty, and the unemployment rate has already skyrocketed in the months since the epidemic was experienced.
Recently, a large number of people in Seoul started lining up for jobs in the early hours of the morning. First of all, this can prove that the unemployment rate in South Korea is very high, under the influence of the epidemic, many stores can not continue to operate, small and medium-sized enterprises are also facing closure, these have led to a large number of unemployed people. The second point is that the streets in the early hours of the morning are filled with people looking for work, which can also prove that job opportunities are still scarce and demand exceeds supply. A higher unemployment rate will give everyone a sense of anxiety, which will also affect social stability.
In fact, South Korea is not the only country in such a situation, and the more densely populated the country is, the more serious it should be. The economic impact of the epidemic on the country is also very great, many people are facing unemployment, so the government has proposed measures such as halving rent and strengthening financial support for small and medium-sized enterprises to try to ensure the normal operation of the economy. Not only this, the State has also proposed a ground-floor stall economy, encouraging store owners to go to the joints to set up stalls and resume business. It is believed that with the efforts of the people of the world, the epidemic will eventually pass!