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Another Covid-19 wave can result in loss of 340 million jobs: ILO

The number of working hours lost across the world in the first half of 2020 was significantly worse than previously estimated.

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The ILO Monitor also found that women workers have been disproportionately affected by the pandemic, creating a risk that some of the modest progress on gender equality made in recent decades will be lost, and that work-related gender inequalities will be exacerbated.

Press Trust of India
The ILO has warned that if another Covid-19 wave hits in the second half of 2020, there would be global working-hour loss of 11.9 per cent - equivalent to the loss of 340 million full-time jobs.
According to the 5th edition of International Labour Organisation (ILO) Monitor: Covid-19 and the world of work, the recovery in the global labour market for the rest of the year will be uncertain and incomplete.
The report said that there was a 14 per cent drop in global working hours during the second quarter of 2020, equivalent to the loss of 400 million full-time jobs.
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