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COVID-19 and the world of work

 18-06-2020

The International Labour Organization Monitor released its 4th edition which focuses on the impact of the pandemic on the work.

According to their estimates, 94 % of the world’s workers are living in countries with some sort of workplace closure measures in places. The ILO predicts a decline in working hours of around 10.7% for the second quarter of 2020 relative to the last quarter of 2019, which is equivalent to 305 million full-time jobs.

ILO suggests that testing and tracing could help to reduce working hour losses by as much as 50%. Indeed, testing and tracing enables countries to better use information and rely less on severely restrictive measures. This is an important factor to consider in the design of policy measures aimed at facilitating a safe return to work.

The Monitor also states that young people are disproportionately affected by the COVID?19 crisis, with multiple shocks including disruption to education and training, employment and income losses, and greater difficulties in finding a job, leading to the emergence of a “lockdown generation”.

Read the full report here.

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