Latin America’s heavily-indebted corporations are likely to delay rehiring workers during the recovery from last year’s slump, according to the World Bank.
The pandemic destroyed tens of millions of jobs from Mexico to Argentina while also leaving company balance sheets more fragile. Many businesses were kept alive by government debt forbearance programs that deferred interest on loans.
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September 14, 2021 at 12:59AM
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Debt Load Threatens Latin America Jobs Recovery, World Bank Says - Bloomberg
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