Limited Period Offer:Be a PRO for 1 month @Rs49/-Multiple payment options available. Know More

Coronavirus pandemic | Workers may lose up to $3.4 trillion in 2020 income over COVID-19: UN

"Falls in employment... mean large income losses for workers," the International Labour Organisation said, releasing a report showing workers stand to lose between $860 billion and $3.4 trillion by the end of 2020.

March 18, 2020 / 09:32 PM IST

The COVID-19 pandemic will push millions more into unemployment, underemployment and working poverty, the United Nations said on Wednesday, warning that workers globally stood to lose up to $3.4 trillion in income this year alone.

"Falls in employment... mean large income losses for workers," the International Labour Organisation said, releasing a report showing workers stand to lose between $860 billion and $3.4 trillion by the end of 2020.
PTI
first published: Mar 18, 2020 09:20 pm
Sections