GENEVA, Switzerland —
“Global labour markets are recovering from the crisis much more slowly than we previously expected,” ILO chief Guy Ryder told reporters, warning that the outlook “remains fragile.” “We are already seeing potentially lasting damage to labour markets, along with concerning increases in poverty and inequality.” Monday’s report predicted that global working hours would be two percent below the numbers seen in 2019, leaving the world short of the equivalent of some 52 million jobs.
In 2022, the global labour force participation rate is projected to remain 1.2 percentage points below the level three years ago, it said.Ryder warned that the pandemic had already “weakened the economic, financial and social fabric in almost every country, regardless of development status.” At the same time, the ILO pointed out that differences in vaccine access and in economic recovery measures meant the crisis was impacting groups of workers and countries in vastly different ways.
Changes like the move towards greater reliance on informal self-employment, the rise in remote work and shifting trends in temporary work, “all risk impairing the quality of working conditions”, the report said.
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