Global jobs recovery delayed by pandemic uncertainty and Omicron, ILO says

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The speed of recovery varies across regions, with Europe and North America showing the most encouraging signs and Southeast Asia and South America lagging behind

will take longer to recover than previously thought, with unemployment set to remain above pre-COVID-19 levels until at least 2023 due to uncertainty about the pandemic’s course and duration, the International Labour Organization said in a report on Monday, January 17.

Disruptions are set to continue into 2023 when there will still be around 27 million fewer jobs, it said, warning of a “slow and uncertain” recovery in its“The global labor market outlook has deteriorated since the ILO’s last projections; a return to pre-pandemic performance is likely to remain elusive for much of the world over the coming years,” the report said.

Still, the projected deficit in working hours this year represents an improvement over the past two years. In 2021, the ILO estimates there were some 125 million fewer jobs than pre-pandemic levels and in 2020, 258 million fewer. Among those are a high number of women, often because they have been drawn into unpaid work at home such as teaching children during school closures or caring for sick family members.would narrow in the coming years but that a “sizeable gap” would remain.

 

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