GENEVA (AN) — The world's employees will lose 6.7% of their working hours in the second quarter of 2020 — equivalent to 195 million jobs — amid a global recession due to the COVID-19 pandemic, the U.N. labor agency said on Tuesday.
The International Labor Organization's latest forecast and analysis reflects the challenges of 81% of the 3.3 billion global workforce living in nations where partial or full lockdowns are in place to slow the spread of the novel coronavirus.