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Frightening figures on unemployment predicts the Banrep República

The general manager of Banco de la República, Juan José Echavarría, said that the unemployment It exceeded 20% during the most critical months of the coronavirus pandemic and estimated that 2020 will end with an unemployment rate of 17%.

They are terrifying figures”, Affirmed the manager.

When delivering a balance on the measures adopted to face the economic crisis, derived from COVID-19, the manager of the Issuer explained that the collapse of the GDP will affect households with higher levels of unemployment and with the reduction of their income.

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