Microsoft (MFST) president Brad Smith says global unemployment may reach a quarter of a billion people in 2020.
His stark warning comes as the US Congressional Budget Office estimates a 12.3 point increase in the unemployment rate putting 21 million employees newly out of work.
“It is a staggering number. The pandemic respects no border. Many other countries and continents face similar challenges,” Smith told the BBC.
Millions will need to learn new digital skills to get jobs or retain their existing employment, according to the tech giant boss.
Microsoft recently announced