The United Nations’ labour arm warned on Monday that Covid19 is causing a crisis of unprecedented inequality and threatening the return to the labour market of a generation of women, young workers and low-skilled employees.
It said coronavirus pandemic wiped out 8.8 percent of global working hours, equivalent to 255 million full-time jobs.
According to the agency, global labour income fell by an estimated $3.7 trillion in 2020, or 4.4 percent of the global gross domestic product (GDP) of 2019.
Deborah Amuwo reports.