December 7, 2024

extraordinaryinfo

Delighting finance buffs

Coronavirus pandemic plunges working world into crisis: ILO

The outlook for the global labour market in the second half of 2020 is “highly uncertain” and the forecast recovery will not be enough for employment to return to pre-pandemic levels this year, the ILO said last week.

International Labour Organization (ILO) Director-General Guy Ryder. (Photo: Reuters)

Global leaders called for a comprehensive approach to counter the impact of the coronavirus pandemic, which International Labour Organization chief Guy Ryder said on Wednesday had plunged the world of work into “unprecedented crisis”.

“Let’s be clear: it’s not a choice between health or jobs and the economy. They are interlinked: we will either win on all fronts or fail on all fronts,” United Nations Secretary-General Antonio Guterres told an ILO summit that will be addressed by dozens of heads of state and government via recorded messages.

World Health Organization head Tedros Adhanom Ghebreyesus told the summit the world had a special duty to protect the millions of healthcare workers at the front line of the crisis and suffering increasing cases of infection and death.

“Together we have a duty to protect those who protect us,” he said.

The outlook for the global labour market in the second half of 2020 is “highly uncertain” and the forecast recovery will not be enough for employment to return to pre-pandemic levels this year, the ILO said last week.

The U.N. agency said the fall in global working hours was “significantly worse than previously estimated” in the first half of the year.

Also Read | Unemployment rate still higher than pre-lockdown level as recovery slows down: CMIE

IndiaToday.in has plenty of useful resources that can help you better understand the coronavirus pandemic and protect yourself. Read our comprehensive guide (with information on how the virus spreads, precautions and symptoms), watch an expert debunk myths, and access our dedicated coronavirus page.
Get real-time alerts and all the news on your phone with the all-new India Today app. Download from

  • Andriod App
  • IOS App

Source Article