The current global economic slowdown is likely to widen social and economic inequalities as more workers will be forced to accept lower quality, poorly paid jobs which lack job security and social protection, warned the International Labour Organization. “This unmet demand for jobs includes the 205 million unemployed people and an additional 268 million who wanted employment but did not …
Nearly 25 million jobs could be lost worldwide due to the coronavirus pandemic, but an internationally coordinated policy response can help lower the impact on global unemployment, according to a UN agency. The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, the ILO said. “However, if we see an internationally coordinated …
