The International Labor Organization, of the United Nations, announced that the Corona pandemic has plunged an additional 100 million workers into poverty; Due to the significant decrease in working hours and the absence of good job opportunities
The organization warned in its annual report that the crisis will be prolonged, as employment will not restore pre-pandemic levels until 2023, and indicated that the world will lose 75 million jobs by the end of this year, compared to what it would have been if the pandemic had not occurred. Read also In light of the Corona crisis.. a list of the most important commodities in which a shortage was recorded and affected the American economy Report: Economic policies in the future must be designed to face the repercussions of Corona An economic recovery plan.. Italy is the rabbit of the European race in the face of the repercussions of Corona After being affected by Corona, the world travel industry summit is looking for solutions to recover the tourism sector
The number of jobs will still be 23 million fewer by the end of next year.
ILO chief Jay Ryder said COVID-19 “was not just a public health crisis; it was also a humanitarian and employment crisis.”
“Without a deliberate effort to expedite decent job creation, support the most vulnerable members of society, and recover the hardest-hit economic sectors, the remaining effects of the pandemic could linger with us for years in the form of wasted human and economic capacities, and rising rates of poverty and inequality,” he added.
And while many people kept their jobs, their total working hours shrunk dramatically. The decline in employment and working hours has translated into a sharp decline in labor income and an increase in poverty.
The study showed that compared to 2019, an additional 108 million workers worldwide were classified as poor or very poor, meaning that they and their families live on less than $3.20 a day.
The organization estimated that lost hours worked in 2020 compared to 2019, equal to as many as 144 million full-time jobs in 2020.
The report said that women, young people and the two billion people working in the informal sector are the most affected, as the number of workers around the world who are classified as poor or extremely poor is now 108 million more than in 2019.