Worldwide employment crisis in Corona culminates: ILO

The negative effects of the coronavirus in one year are evident in all sectors around the world. People of all classes and professions are at a disadvantage. Among them are working people in person-centered loss and acute crisis.

Workers who have lost their jobs lost working hours in various ways. In such a situation, the International Labor Organization (ILO) has painted a picture of the employment crisis caused by the Corona this year.

The agency highlighted the state of global employment in a report released on Monday (January 25th). According to the UN body, the global labor market is in the worst crisis in Corona since 1930. Although it is uncertain when this crisis will end, there is some hope in the corona vaccine.

The United Nations believes that if the corona vaccine is supplied worldwide, working hours will increase again and work will return.

This unprecedented disaster has damaged the global economy by about 225 million full-time job markets. Besides, the workers have lost about 7.8 percent of working hours.

World working hours have decreased by 3 percent in 2021 compared to 2019. That’s about 90 million full-time jobs, according to the United Nations International Labor Organization. At the same time, the agency fears that the slowdown in the distribution of the corona vaccine around the world and the failure of governments to provide vaccines to help the economy recover will exacerbate the crisis.

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
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