Americas will be hardest hit by COVID-19 job losses :ILO

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The Americas will bear the brunt of an estimated 305 million job losses that the COVID-19 pandemic will cause worldwide between April and June, ...

The Americas will bear the brunt of an estimated 305 million job losses that the COVID-19 pandemic will cause worldwide between April and June, the International Labour Organization said on Wednesday.

The outbreak also risks creating a"lockdown generation" of young people forced to play catch-up on the labour market for at least 10 years, the Geneva-based body said.Its report left its estimate for second quarter job losses - calculated in terms of working hours compared to a pre-pandemic baseline - unchanged from a month ago.

"...The danger is, that this initial shock to young people will last a decade or longer. It will affect the trajectory ... throughout their working lives."

 

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