Myanmar Gen Z with three fingers raised (News Cham.net)

News Cham Net (South Korea published an article stating that COVID-19 particularly revealed the contradiction of the Myanmar industry, which is subject to foreign capital. Investments and orders plummeted, and job closures and firings, wage cuts, and union crackdowns became more frequent. At the same time, poverty among the working class rapidly deepened, which was more severe for the youth. According to a survey released by IFPRI last year, the number of people making a living for less than US$1.90 (2,147 won) per day in Myanmar was from 16 percent in January 2020 to September 2020. It surged about three times to 63%. The youth unemployment rate rose from 3.81 percent in 2018 to 4.34 percent in 2020.