to ensure that their businesses stay afloat in the face of the economic challenges posed by the outbreak of the deadly COVID-19 pandemic, while the former have been at the receiving end of job loss, under-employment and working poverty.
The statistics are hardly better in other countries like Italy where the virus has claimed more than 33,000 lives from its 231,732 cases at press time, or in Spain where more than 27,119 lives have been lost to the virus since it raised its ugly head towards the end of January. “This is no longer only a global health crisis, it is also a major labour market and economic crisis that is having a huge impact on people,” said ILO Director-General Guy Ryder in a release on March 18. “In 2008, the world presented a united front to address the consequences of the global financial crisis, and the worst was averted. We need that kind of leadership and resolve now,” he added.
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