economy

News in Brief 27 May 2020

  • ‘Lockdown generation’ of young workers will need extra help after COVID-19, urges UN labour chief
  • COVID-19: temporary halt announced on use of key anti-viral hydroxychloroquine
  • Rights experts appeal over abortion obstacles linked to COVID measures in US states
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3'32"

‘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.

News in Brief 7 May 2020

  • Poverty likely to rise by nearly 60% for workers in informal economy
  • UN launches $6.7 billion humanitarian appeal to stem COVID
  • World tourism likely to plummet by up to 80 per cent, warns UN agency
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2'29"

News in Brief 23 April 2020

  • Libya: Heavy shelling, COVID-19 pandemic creates ‘perfect storm’
  • Developing countries crippled by debt need urgent relief
  • Message of solidarity from UN chief as millions of Muslims begin ‘very different’ Ramadan
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3'54"

News in Brief 8 April 2020

  • COVID-19: impact could see 195 million job losses, warns UN labour agency chief
  • More than 10,000 confirmed cases of COVID-19 in Africa
  • Rights experts warn over South Sudan COVID-19 spread
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3'18"

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.

News in Brief 30 March 2020

  • Release prisoners and detainees in Yemen, urge UN rights experts
  • Assistance ramped up to Pacific islands facing COVID-19
  • 2.5 trillion dollar rescue package needed for emerging economies: UNCTAD
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3'16"

The COVID-busting blueprint that protects workers in all sectors

Early indications from the economic fallout of COVID-19 are that it could cost up to 25 million job losses globally, that’s more than during the global financial crisis in 2008-9.

Speaking to UN News’s Daniel Johnson, Sher Verick from the International Labour Organization (ILO), explains how governments can help soften the impact for vulnerable workers.

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5'56"

Coronavirus could see global unemployment rise by 25 million: ILO in India

A new assessment by the International Labour Organization (ILO) shows the COVID-19 pandemic could increase global unemployment by around 25 million.

ILO is calling for an internationally coordinated policy response, which would be of particular benefit to South Asian countries like India, since a large part of its work force lacks social security and employment benefits.

UN News’s Anshu Sharma spoke to the Director of ILO’s Decent Work Team for South Asia based in the UN’s India office, Dagmar Walter.

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4'20"

News in Brief 18 March 2020

  • Africa should wake up to COVID-19 epidemic, the says UN health agency chief 
  • Pandemic could mean 25 million jobs threatened – ILO 
  • Blueprint launched to manage Earth’s fragile peatland carbon sinks 
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3'46"