give define covid-19 hit world economy
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In the United States, the proportion of people out of work has hit 10.4%, according to the International Monetary Fund (IMF), signalling an end to a decade of expansion for one of the world's largest economies.
Millions of workers have also been put on government-supported job retention schemes as parts of the economy, such as tourism or hospitality, came to a standstill under lockdown
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