The coronavirus pandemic has taken a huge toll on jobs worldwide in the year 2019.
According to the United Nations, More than a quarter of a billion jobs were lost.
In a fresh study, the UN’s International Labour Organization (ILO) found that a full 8.8 percent of global working hours were lost in 2020, compared to the previous year.
That is equivalent to 255 million full-time jobs, or “approximately four times greater than the number lost during the 2009 global financial crisis,” the ILO said in a statement.
“This has been the most severe crisis for the world of work since the Great Depression of the 1930s,” ILO chief Guy Ryder told in a virtual briefing.
Undoubtedly, it was a cause of severe stress and anxiety for the people around the world to cope up in the pandemic. Most of the people faced depression due to financial stress.
I wish this year and the coming years be a beacon of light, filled with opportunities and success for everyone around the world.