The COVID-19 pandemic is having a catastrophic effect on working hours and earnings, globally. A new International Labour Organization (ILO) report highlights some of the worst affected sectors and regions, and outlines policies to mitigate the crisis.

GENEVA (ILO News) — The COVID-19 crisis is expected to wipe out 6.7 per cent of working hours globally in the second quarter of 2020 — equivalent to 195 million full-time workers.

Large reductions are foreseen in the Arab States (8.1 per cent, equivalent to 5 million full-time workers), Europe (7.8 per cent, or 12 million full-time workers) and Asia and the Pacific (7.2 per cent, 125 million full-time workers).

http://www.jamaicaobserver.com/business-report-daily-biz/ilo-covid-19-causes-devastating-losses-in-working-hours-and-employment_191619