The ILO has warned that if another Covid-19 wave hits in the second half of 2020, there would be global working-hour loss of 11.9 percent - equivalent to the loss of 340 million full-time jobs.
According to the 5th edition of International Labour Organisation (ILO) Monitor: Covid-19 and the world of work, the recovery in the global labour market for the rest of the year will be uncertain and incomplete.
The report said that there was a 14 percent drop in global working hours during the second quarter of 2020, equivalent to the loss of 400 million full-time jobs.
The number of working hours lost across the world in the first half of 2020 was significantly worse than previously estimated. The highly uncertain recovery in the second half of the year will not be enough to go back to pre-pandemic levels even in the best scenario, the agency warned.
The baseline model – which assumes a rebound in economic activity in line with existing forecasts, the lifting of workplace restrictions and a recovery in consumption and investment – projects a decrease in working hours of 4.9 percent (equivalent to 140 million full-time jobs) compared to last quarter of 2019.
It says that in the pessimistic scenario, the situation in the second half of 2020 would remain almost as challenging as in the second quarter.
“Even if one assumes better-tailored policy responses – thanks to the lessons learned throughout the first half of the year – there would still be a global working-hour loss of 11.9 per cent at the end of 2020, or 340 million full-time jobs, relative to the fourth quarter of 2019,” it said.
The pessimistic scenario assumes a second pandemic wave and the return of restrictions that would significantly slow recovery. The optimistic scenario assumes that workers’ activities resume quickly, significantly boosting aggregate demand and job creation. With this exceptionally fast recovery, the global loss of working hours would fall to 1.2 per cent (34 million full-time jobs).
The agency said that under the three possible scenarios for recovery in the next six months, “none” sees the global job situation in better shape than it was before lockdown measures began.
“This is why we talk of an uncertain but incomplete recovery even in the best of scenarios for the second half of this year. So there is not going to be a simple or quick recovery,” ILO Director-General Guy Ryder said.
The new figures reflect the worsening situation in many regions over the past weeks, especially in developing economies. Regionally, working time losses for the second quarter were: Americas (18.3 percent), Europe and Central Asia (13.9 percent), Asia and the Pacific (13.5 percent), Arab States (13.2 percent), and Africa (12.1 percent).
The vast majority of the world’s workers (93 per cent) continue to live in countries with some sort of workplace closures, with the Americas experiencing the greatest restrictions.
During the first quarter of the year, an estimated 5.4 percent of global working hours (equivalent to 155 million full-time jobs) were lost relative to the fourth quarter of 2019. Working- hour losses for the second quarter of 2020 relative to the last quarter of 2019 are estimated to reach 14 per cent worldwide (equivalent to 400 million full-time jobs), with the largest reduction (18.3 per cent) occurring in the Americas.
The ILO Monitor also found that women workers have been disproportionately affected by the pandemic, creating a risk that some of the modest progress on gender equality made in recent decades will be lost, and that work-related gender inequality will be exacerbated.
The severe impact of Covid-19 on women workers relates to their over-representation in some of the economic sectors worst affected by the crisis, such as accommodation, food, sales and manufacturing.
Globally, almost 510 million or 40 percent of all employed women work in the four most affected sectors, compared to 36.6 percent of men, it said.
The report said that women also dominate in the domestic work and health and social care work sectors, where they are at greater risk of losing their income and of infection and transmission and are also less likely to have social protection.
The pre-pandemic unequal distribution of unpaid care work has also worsened during the crisis, exacerbated by the closure of schools and care services.
Even as countries have adopted policy measures with unprecedented speed and scope, the ILO Monitor highlights some key challenges ahead, including finding the right balance and sequencing of health, economic and social and policy interventions to produce optimal sustainable labour market outcomes; implementing and sustaining policy interventions at the necessary scale when resources are likely to be increasingly constrained and protecting and promoting the conditions of vulnerable, disadvantaged and hard-hit groups to make labour markets fairer and more equitable.
“The decisions we adopt now will echo in the years to come and beyond 2030. Although countries are at different stages of the pandemic and a lot has been done, we need to redouble our efforts if we want to come out of this crisis in a better shape than when it started,” Ryder said.
Comments
Who the hell this bastard is to talk about Madrasas. It is sure that this donkey is current day Dajjal and giving this illogic statement on the advice of sangh parivar and bjp leaders. He is definately been paid of a huge amount of money to give this statement on behalf of bjp. He is a shoe licker + pee drinker of bjp leaders. He might be not knowing who are his parents. May Allah give him a taste of Jahannum during his life and let him be given hardest death. Let him beg for death. May Allah's curse be on him and his Masters.
Shia should be deported to Isarel. There is no difference between these two. They are back-stabbers. They cant be frends to anybody. Cheap people who create tension between different communities.
Allahu Subhanahuthala defenitly punshid to you in this duniya and Akira. Please wait and watch. Allah is great. He will show right path to you.
These Hypocrite goons are doing to get protection, favor from the BJP.
He is compromising their holy faith for worldly benefit.
If he has a little branin left in his head, he should study what is Islam.
Non-Muslims they know about Islamic real values than these Hyprocrites.
Such statements only makes their days to be numbered.
Beeing a Shia, Saddam Hussain of Iraq against for shias, because shias are out of Muslim community they are not considered as Muslims, and they have no right to talk about Madarasa and Masjid or Muslims. they are killed in Pakistan every day. insha Allah one day in this world there will not be any shia... Ameen..
Now Rizvibwill be inducted in any reputable company as Director for his comments by Modi/Yogi like Shazia Ilmi.
This retard must be najaayaz aulaad of SSwamy's baap
Modi's Pet
How many Crores this Stupid took from Dongi Modi and his terrorist group for barking this....
Irresponsible statement from a novice.He without any hesitaion plunged headlong in to a non issue,just to appease his BJP masters. His "chamchagiri" will get him some petty benifits. A whole generation is benifited from the Madrasa eductaion! I am a product of a part time madrasa,and done my MBA. All peace loving Indians should stand aganist this kind of nuisance mongers.
Fuck the barking dog
No one in the Muslim community considers Shia as Muslims. Their religion is nothing but a mixture of Shirk, Innovation, superstitious beliefs, & Kufr. So they do not have the right to comment on our Madrasa systems. It is clearly known to every one in the world that Shias promote crime, terrorism especially, Iran. We request our government to kick them out of the country
you are not a muslim u are shia and this type of words is expected from you people
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