COVID’s led to ‘massive’ income and productivity losses, UN labour estimates show

Job losses or reduced working hours due to the impact of the COVID-19 pandemic cost the world the equivalent of 255 million jobs in 2020, the UN International Labour Organization (ILO) said on Monday, noting that the “massive impact” was nearly four times the number lost during the 2009 global financial crisis.

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Impact on workers of COVID-19 is ‘catastrophic’: ILO

23 Sep 2020

COVID-19 has had a “catastrophic” impact on workers, the head of the International Labour Organization (ILO) said on Wednesday, with lost working hours higher than originally forecast, and equivalent to 495 million full-time jobs globally in the second quarter of the year.

COVID-19: impact could see 195 million job losses, says ILO chief

08 Apr 2020

The rapidly intensifying economic effects of COVID-19 on the world of work are proving to be far worse than the 2008-9 financial crisis, with cutbacks equivalent to nearly 200 million full-time workers expected in the next three months alone, the UN labour agency said.

Nearly half of global workforce at risk as job losses increase due to COVID-19: UN labour agency

29 Apr 2020

Some 1.6 billion people employed in the informal economy – or nearly half the global workforce - could see their livelihoods destroyed due to the continued decline in working hours brought on by lockdowns to curb the spread of COVID-19, the International Labour Organization (ILO) said on Wednesday.