A senior government official has emphasized the need for proactive planning in anticipation of potential widespread job losses, warning that the economic fallout could be severe. With concerns mounting over unemployment risks, the focus is now on preparing contingency measures to mitigate the impact on workers and businesses. The statement underscores growing unease about the stability of the labor market amid broader economic uncertainties. Details on specific strategies or expected scale of job losses remain unclear.
Kanishka Narayan says one of his top priorities is to have a plan in place if job losses are as bad as some fear.
