The loss of jobs during the coronavirus pandemic has destroyed "five years of progress" a new UN report has revealed. And the situation is not expected to recover any time soon.
WORLD / EYE ON WORLD
Pandemic plunges 100m additional workers into poverty
By AFP Published: Jun 03, 2021 05:48 PM
People purchase essential food items as the government imposed travel restrictions and two-week lockdown to curb the spread of COVID-19 in Colombo, Sri Lanka on Tuesday. Sri Lanka extended a week-long lockdown until June 7. Photo: AFPThe COVID-19 pandemic has pushed more than 100 million more workers into poverty, the UN said Wednesday, after working hours plummeted and access to good-quality jobs evaporated.
And the labor market crisis created by the pandemic was far from over, the UN s International Labour Organization (ILO) warned in a report.
Global job growth will not recover to pre-pandemic levels until 2023 according to a report published by the UN s International Labor Organization (ILO) on Wednesday. The World Economic and Social Outlook report for 2021 projects that at least 220 million people were expected to be left unemployed this year, with only a slight improvement predicted for next year.
The ILO s annual World Employment and Social Outlook report indicated that the planet would be 75 million jobs short at the end of this year compared to if the pandemic had not occurred.
The pandemic has pushed over 100 million more workers into poverty, the UN said Wednesday, after working hours plummeted and access to good quality jobs evaporated.