Layoffs, closures to wipe out 6.7% of working hours worldwide in Q2 -ILO

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Layoffs, closures to wipe out 6.7% of working...
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Workplace disruptions caused by the COVID-19 pandemic are expected to wipe out labour equivalent to the effort of 195 million full-time workers, or 6.7% of hours clocked worldwide, in the second quarter of this year, the International Labour Organization (ILO) said on Tuesday.

More than four out of five workers globally are affected by full or partial closures, it said in a report.

The U.N. agency welcomed fiscal and monetary measures applied so far but urged countries to take steps to keep people connected to jobs they are no longer able to do,...


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Layoffs, closures to wipe out 6.7% of working hours worldwide in Q2 -ILO


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