economy

‘Lockdown generation’ of young workers will need extra help after COVID-19, urges UN labour chief

Further evidence of the unprecedented impact of COVID-19 on the global job market has emerged in a new study by the UN labour agency, which on Wednesday said that more than one in six young people have stopped working since the onset of the pandemic.

COVID-19: impact could cause equivalent of 195 million job losses, says ILO chief

The rapidly intensifying economic effects of COVID-19 on the world of work are proving to be far worse than the 2008-9 financial crisis, with cutbacks equivalent to nearly 200 million full-time workers expected in the next three months alone, the UN labour agency said.