COVID-19: ILO predicts 195 million job losses, 400 million in India will fall deeper into poverty

The coronavirus pandemic can wipe out 6.7 per cent of working hours globally in the second quarter of 2020, which is equivalent to 195 million full-time workers. This number far exceeds the effects of the 2008-09 financial crisis, the International Labour Organization (ILO) warned on Tuesday. According to the ILO report “ILO Monitor 2nd edition: COVID-19 and the world of[Read More...]
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