ABSTRACT

ILO Monitor: COVID-19 and the World of Work. Second Edition, Updated Estimates and Analysis   [open pdf - 0B]

From the Key Messages: "[1] Since the first ILO [International Labour Organisation] Monitor, the COVID-19 [coronavirus disease 2019] pandemic has further accelerated in terms of intensity and expanded its global reach. Full or partial lockdown measures are now affecting almost 2.7 billion workers, representing around 81 per cent of the world's workforce. [2] In the current situation, businesses across a range of economic sectors are facing catastrophic losses, which threaten their operations and solvency, especially among smaller enterprises, while millions of workers are vulnerable to income loss and layoffs. [...3] Employment contraction has already begun on a large (often unprecedented) scale in many countries. In the absence of other data, changes in working hours, which reflect both layoffs and other temporary reductions in working time, give a better picture about the dire reality of the current labour market situation."

Publisher:
Date:
2020-04-07
Series:
Copyright:
International Labour Organisation
Retrieved From:
International Labour Organisation: https://www.ilo.org/
Media Type:
application/pdf
Source:
ILO Monitor (April 7, 2020), Second Edition
URL:
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