Natural Hazards Cost the World 90 Million Jobs Every Year
A new global study by the World Bank has revealed that natural hazards and extreme heat are responsible for the loss of approximately 90 million full time job equivalents every year worldwide highlighting a major but often overlooked economic impact of climate and disaster related events.
The report Worldwide Job Losses Due to Natural Hazards analyzed data from 132 countries and found that disasters affect not only infrastructure and property but also employment, incomes, and livelihoods.
The study found that extreme heat accounts for nearly 80 million job losses annually making it the largest contributor to employment disruptions. High temperatures reduce workers' productivity and limit the number of hours they can safely work, especially in outdoor sectors such as agriculture, cons...









