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A third. Of a Billion. Job Losses.
by kleinbl00

    he outbreak also risks creating a “lockdown generation” of young people forced to play catch-up on the labour market for at least 10 years, the Geneva-based body said.

    Its report left its estimate for second quarter job losses - calculated in terms of working hours compared to a pre-pandemic baseline - unchanged from a month ago.

    The Americas, meanwhile, had jumped from being the least affected region in labour market terms in the first quarter to being the most affected, with an expected 13.1 percent drop in working hours in the second, ILO Director-General, Guy Ryder, told a briefing.

    That was due to it having become the outbreak’s new epicentre.