Fragile recovery seen in global labor market after huge 2020 losses — ILO

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The losses compared with the previous year were equivalent to 255 million full-time jobs and included an “unprecedented” 114 million workers joining the ranks of the unemployed and others whose working hours were reduced due to restrictions. | Reuters

“I am pleased to say that there is some relatively good news in all of this, that we do see tentative signs of recovery – these signs are fragile, they are uncertain and the prospects are notably uneven,” he said.

ILO data show that women and younger workers were most affected, while the hardest-hit sectors were accommodation, food services, retail and manufacturing, it said. Employment loss among 15-24 years old stood at 8.7% compared with 3.7% for adults and “highlights the all too real risk of a lost generation,” it said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines