According to the survey of WEF the data is published ahead of the World Economic Forum's inaugural Jobs Reset Summit (October 20-23) which tries to mold extensive, fair, and sustainable economizing, societies, and workplaces. In which ‘Unemployment’ is diverged as the main concern for business executives globally. It is followed by ‘infectious diseases’ that progressed by 28 spots to emerge as the second-most recurring risk, as per the research of World Economic Forum’s (WEF) interactive map on ‘Regional Risks for Doing Business 2020.
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In 2019, the financial crisis is the top concern that came at third position among the top risks presented by business leaders globally. ‘Infectious diseases’ are progressed by 28 spots and they appeared as the top-10 risks in all regions except South Asia, in a year where the COVID-19 pandemic affected global health concerns. The survey shows more than 30 risks, including terrorist attacks, extreme weather events, and state collapse or crisis and the research is done including East Asia and the Pacific, Eurasia, Europe, Latin America and the Caribbean, the Middle East and North Africa, North America, South Asia, sub-Saharan Africa countries.
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The conclusions are based on a survey of over 12,000 business leaders from 127 countries. Whereas the data is released ahead of the World Economic Forum’s inauguration Jobs Reset Summit (October 20-23) that basically aims to shape inclusive, fair, and sustainable economies, societies, and workplaces. Other considerable changes constitute human-made environmental catastrophes (down six places), failure of urban planning (down seven), and terrorist attacks (down nine). Saadia Zahidi, Managing Director at the World Economic Forum said, "The employment upheavals caused by the pandemic, rising mechanization and the growth to greener economies are fundamentally changing labor markets.”
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