The livelihoods of about 1.6 billion workers in the informal
economy is at risk following the continued sharp decline in working
hours globally due to the Covid-19 outbreak, the International Labour
Organisation (ILO) has said.
In a statement on
Wednesday the UN labour agency said nearly half of the global workforce
stand in immediate danger of having their livelihoods destroyed, warned
the agency.
According to the ILO Monitor third edition:
Covid-19 and the World of Work, the drop in working hours in the second
quarter is expected to be worse than previously estimated.
“Compared
to pre-crisis levels (Q4 2019), a 10.5 per cent deterioration is now
expected, equivalent to 305 million full-time jobs. The previous
estimate was for a 6.7 per cent drop, equivalent to 195 million
full-time workers. This is due to the prolongation and extension of
lockdown measures,” the statement said.
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