UN: 25m job losses from coronavirus, workers to lose $3.4 trillion
The economic and labour crisis created by the new coronavirus pandemic could increase global unemployment by almost 25 million, according to a new report published yesterday by the UN’s International Labour Organization (ILO). Rising unemployment mean large income losses for workers, ILO warned in the report showing workers stand to lose between $860 billion and $3.4 trillion by the end of 2020. “This is no longer only a global health […]
