Multiple crises hurt global labour market in Q1 of 2022: ILO
Multiple crises hurt global labour market in Q1 of 2022: ILO
“After significant gains during the last quarter of 2021, the number of hours worked globally dropped in the first quarter of 2022 to 3.8% below the pre-crisis benchmark which was the fourth quarter of 2019. This is equivalent to a deficit of 112 million full-time jobs,” the ILO said in the 9th edition of the World of Work, released on Monday.
“After significant gains during the last quarter of 2021, the number of hours worked globally dropped in the first quarter of 2022 to 3.8% below the pre-crisis benchmark which was the fourth quarter of 2019. This is equivalent to a deficit of 112 million full-time jobs,” the ILO said in the 9th edition of the World of Work, released on Monday.