Coronavirus

120,000 mall jobs lost because of Covid-19 (so far)

At least 120,000 retail workers have been laid off by shopping malls since the beginning of the Covid-19 pandemic. An estimated 15,000 mall stores will have to be closed as a result of quarantines. For Nabil Sahyoun, a representative for store owners, the situation “will get worse if governors and mayors do not announce a gradual reopening of the economy.” 

“What if we reopen today, and nothing happens? Is it not worth the risk? If it does not work out, we go back.” Mr. Sahyoun told UOL, perhaps forgetting that “nor working out” means that many people will die. “When you are the leader of an entity, you have to take a position and take a risk. Statistics are saying that social isolation is not the answer in all cases.”

Brazilian states that have started reopening, however, have already experienced an increase in the Covid-19 cases. In the southern state of Santa Catarina, the scene of hundreds of people flocking to a shopping mall became a symbol of the dangers of an early reopening. There is also no guarantee that shoppers will return en masse to malls given the risks posed by Covid-19.

More detailed data on the profile of impacted workers and companies are expected to be released next week.

Support this coverage →
Augusta Saraiva

Augusta is a Brazilian journalism student at Northwestern University

Recent Posts

Market Roundup: The new skills corporate board members need

The specialization trend among corporate board members It is not only a matter of perception:…

14 hours ago

As elections near, what’s next for Panama’s closed copper mine?

Panama will hold its presidential elections on Sunday, months after huge protests saw thousands descend…

14 hours ago

Madonna concert to inject BRL 300 million into Rio economy

The city of Rio de Janeiro estimates that a Madonna concert this Saturday on Copacabana…

1 day ago

Panama ready to vote as Supreme Court clears frontrunner

Latin America’s trend of banning opposition candidates from elections has caught on in an ever-growing…

1 day ago

Sabesp privatization edges closer with São Paulo legislation

The São Paulo City Council on Thursday approved legislation authorizing Brazil’s largest city to sign…

1 day ago

Brazil’s AI regulation gets first draft to guide upcoming debates

The preliminary report on AI regulations presented to Brazil’s Senate last week provides a middle-of-the-road…

2 days ago