In its latest report, the International Labour Organization (ILO) has said that worldwide, an estimated 14% of working hours, equivalent to 400 million full-time jobs, have been lost in the second quarter of 2020 due to Covid19. The figure accounts for people working shorter hours, those who have been furloughed, laid off, or been withdrawn from the labor force.
While disruptions in the labor market have affected all categories of workers, and some groups, including informal and young workers, have been hit particularly hard, the current report has highlighted how the pandemic will have a “disproportionate and damaging effect” on women.
