WORLD OF WORK. In this photograph taken on April 6, 2020, migrant workers eat their dinner at the closed JP Iscon mall, which is used as a temporary shelter, during a government-imposed nationwide lockdown as a preventive measure against the COVID-19 coronavirus, in Ahmedabad. Photo by Sam Panthaky/AFPCOVID-19 pandemic
The report found that the Asia Pacific region would see the greatest loss in hours worked, with the equivalent of 125 million full-time jobs obliterated there over the next 3 months. The agency said it expected there would be"huge losses" across all different income groups, especially in upper-middle income countries.And it cautioned that the number of people added to the world's unemployment rolls this year due to the pandemic was now expected to be"significantly higher" than the 25 million it projected just two weeks ago.
Many of these people"are in low-paid, low-skilled jobs, where a sudden loss of income is devastating," it said. "We have to move fast, decisively, and together. The right, urgent, measures, could make the difference between survival and collapse."
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Source: ABSCBNNews - 🏆 5. / 83 Read more »
Source: ABSCBNNews - 🏆 5. / 83 Read more »
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Source: CNN Philippines - 🏆 13. / 63 Read more »