UN's labour organisation estimates the equivalent of 195 million full-time jobs could be lost in the second quarter alone from the COVID-19 outbreak, with businesses and plants shuttered worldwide.
The projection from the International Labor Organization is based on an emerging impact of the virus, and it amounts to a big increase from its March 18 prediction for an extra 25 million jobs losses for all of 2020.
ILO Director-General Guy Ryder says, These figures speak powerfully for themselves: That the world of work is suffering an absolutely extraordinary fall."
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