MUMBAI: More than 200 million people globally are likely to become unemployed in 2022 and an additional 108 million workers are now categorised as "poor or extremely poor" as the coronavirus pandemic brought unprecedented disruption that will scar the social and employment landscape for years to come if concerted policy actions are not taken, according to a UN report.
The UN labour agency, the International Labour Organisation (ILO), in its flagship World Employment and Social Outlook: Trends 2021, released on Wednesday said the labour market crisis created by the COVID-19 pandemic is far from over, and employment growth will be insufficient to make up for the losses suffered until at least 2023. The "pandemic has brought disruption that - will scar the social and employment landscape for years to come," it said.
The report noted that in 2020, an estimated 8.8 per cent of total working hours were lost - the equivalent of the hours worked in one year by 255 million full-time workers. The report projects the global crisis-induced ‘jobs gap' will reach 75 million in 2021, before falling to 23 million in 2022. The related gap in working-hours, which includes the jobs gap and those on reduced hours, amounts to the equivalent of 100 million full-time jobs in 2021 and 26 million full-time jobs in 2022.
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