The loss of jobs due to the coronavirus

Around 400 million full-time jobs have been lost and women are the most affected by the pandemic, are some of the conclusions of the latest situation report of the International Labor Organization, which presents three possible recovery scenarios based on the evolution of COVID-19 and the measures taken....

Around 400 million full-time jobs have been lost and women are the most affected by the pandemic, are some of the conclusions of the latest situation report of the International Labor Organization, which presents three possible recovery scenarios based on the evolution of COVID-19 and the measures taken. In the first half of 2020, the equivalent of 400 million full-time jobs were lost due to the COVID-19 crisis, a much higher number than previously estimated, and a 14% drop in working hours was recorded. worldwide, the International Labor Organization warned on Tuesday. According to the agency, the uncertain recovery for the remainder of the year will not be enough to return to previous levels of the pandemic, and even in the best scenario there s a risk of seeing continued large-scale job losses. The new figures reflect the worsening situation in many regions in recent weeks, especially in developing economies. In the Americas, the largest amount of work time was lost with 18.3%, followed by Europe and Central Asia with 13.9%, the Middle East with 13.2% and Africa with 12.1%. 

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