Fourth novel coronavirus pneumonia and global employment Monitoring Report From International Labour Organization

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The following is the Fourth novel coronavirus pneumonia and global employment Monitoring Report From International Labour Organization recommended by recordtrend.com. And this article belongs to the classification: global economy , research report.

The fourth edition of the monitoring report also updates the forecast data of the decrease in working hours in the first and second quarters of 2020 and compares them with the fourth quarter of 2019. In the first quarter of 2020, global working hours are expected to decline by 4.8% (equivalent to about 135 million full-time jobs, assuming a 48 hour week). This means that since the third edition of the monitoring report, the forecast data has increased slightly by about 7 million jobs. The reduced working hours in the second quarter are expected to remain unchanged at 305 million full-time jobs.

At the regional level, the regions with the largest reduction in working hours in the second quarter were the Americas (13.1%) and Europe and Central Asia (12.9%).

The fourth edition of the monitoring report once again calls on governments to take immediate and urgent measures to support workers and enterprises in accordance with the four pillar strategies of the International Labour Organization: stimulating the economy and employment; supporting enterprises, employment and income; protecting workers in the workplace; and finding solutions through social dialogue.

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