When Kwame lost his job during the pandemic, he navigated the income shock by drawing on a diverse set of support systems. He received aid from formal sources like the government and an NGO, as well as informal support from his local church. For immediate financial needs, he utilized a Mobile Money platform for small-scale borrowing, successfully avoiding the need for larger, high-interest loans.

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Kwame, a teacher at a private school, faced a period of unemployment as a direct result of the COVID-19 pandemic. He lost his job during the widespread lockdowns, illustrating how global health crises can trigger significant economic disruptions and job losses.

Kwame's Unemployment During the COVID-19 Pandemic

To cite the ebook, use The CORE Econ Team 2023 The Economy 2.0: Macroeconomics Open access e-text https://core-econ.org/the-economy/.

To cite a unit, use The CORE Econ Team 2023 The Economy 2.0: Macroeconomics Open access e-text https://core-econ.org/the-economy/ Unit [unit number] (url).

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