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COVID-19 Impact.pdf

wcms_767028.pdf
Preview of COVID-19 Impact
🔗 Source: ilo.org
📊 Size: 1.58 MB
📄 Pages: 35 pages
⬇️ Downloads: 62

Summary

93% of the world's workers lived in countries with COVID-19-related restrictions in early 2021, with 77% affected by targeted measures. In 2020, 8.8% of global working hours were lost, equivalent to 255 million full-time jobs, with Latin America, Southern Europe, and Southern Asia being the most affected. Employment losses were 114 million jobs, with 71% of losses resulting in inactivity, and global unemployment increased by 33 million. Labour income declined by 8.3%, with a loss of $3.7 trillion. Projections for 2021 indicate a continued loss of working hours, with a baseline scenario of 3.0% loss, corresponding to 90 million full-time equivalent jobs.

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Description

93% of the world's workers lived in countries with COVID-19-related restrictions in early 2021, with 77% affected by targeted measures.

Technical Information

  • File Format: PDF
  • File Size: 1.58 MB
  • Pages: 35
  • Language: EN
  • Total Downloads: 62
  • Last Updated: 3 weeks ago

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