Job loss due to coronavirus worse than expected

Around 400 million full-time jobs have been lost and women are the most affected by the pandemic, are some of the conclusions of the latest situation report from the International Labor Organization, which presents three possible recovery scenarios based on the evolution of COVID-19 and the measures taken. In the first half of 2020, the equivalent of 400 million full-time jobs were lost due to the COVID-19 crisis, a number much higher than previously estimated, and a 14% drop in working hours was recorded. world level, the International Labor Organization warned on Tuesday. According to the agency, the uncertain recovery for the remainder of the year will not be enough to return to previous levels of the pandemic, and even in the best scenario there is a risk of seeing continued large-scale job losses. The new figures reflect the worsening situation in many regions in recent weeks, especially in developing economies. In the Americas, the largest amount of work time was lo...