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3 mins read
Global labour income estimated to have declined by $3.5 trillion in first 3 quarters of 2020, says ILO
Global labour income is estimated to have declined by 10.7 per cent or USD 3.5 trillion in the firs…
PTI
3 mins read
COVID-19 crisis can push 40 cr informal sector workers in India deeper into poverty: ILO
Large-scale, integrated, policy measures are needed, focusing on four pillars -- supporting enterp…
PTI
2 mins read
Coronavirus fallout has erased $3.5 trillion in workforce income, UN agency says
Second-quarter working-hour losses reached 495 million jobs, which is above the prior estimate of 4…
Ben Winck
2 mins read
Workers lost $3.7 trillion in earnings during the pandemic. Women and Gen Z saw the biggest losses.
American workers saw the largest losses in earnings during the coronavirus pandemic, a 10.3% declin…
Juliana Kaplan
3 mins read
Nearly half of global workforce at risk of losing livelihoods due to COVID says UN agency
The findings appear in the ILO Monitor third edition: COVID-19 and the world of work, release…
PTI
2 mins read
The United Nations just said that coronavirus could wipe out the equivalent of 195 million jobs worldwide
Three weeks ago, the ILO initially forecasted global job loss to total 25 million at the end of 202…
Taylor Borden
2 mins read
50 million people worldwide in modern slavery: ILO
According to the latest report by the UN agency titled, 'Global Estimates of Modern Slavery', 28…
2 mins read
About 21 million jobs held by women and 9 million jobs held by men could be replaced by AI: ILO
A new study by the ILO published on Monday finds admin workers and women face a greater risk of the…
Kai Xiang Teo
2 mins read
More than one in five people experience violence and harassment at work: ILO
More than one in five people (almost 23 per cent) in employment worldwide have experienced violence…
1 min read
Worldwide Youth Unemployment Rates Will Stay High For Years
"As the euro area crisis continues in its second year, the impacts are spreading further, slowing d…
Lisa Mahapatra
1 min read
UK Jobless Claims Fall At Their Fastest Pace In 3 Years
LONDON (Reuters) - The number of Britons claiming unemployment benefit fell for an eighth consecuti…
Reuters
2 mins read
India's wage growth significantly trails economic growth, says the ILO
This sluggish wage growth has contributed to a rise in inequality and exacerbated the economic…
1 min read
The Population Of Nigeria Is Set To Overtake That Of The US By 2045
"Secular population trends still favor Emerging Markets, as working population growth in Asia, Lati…
Matthew Boesler
2 mins read
Billionaire businessman says young Indians should work 70 hours a week
N.R. Narayana Murthy cofounded Infosys in 1981. He has a net worth of close to $4.3 billion, accord…