Global Employment Crisis Deepening
The coronavirus crisis has taken a much heavier toll on jobs than previously feared, the United Nations (UN) said Tuesday, warning that the situation in the Americas was particularly dire.In a fresh study, the International Labour Organization (ILO) estimated that by the mid-year point, global working hours were down 14 percent compared to last December - equivalent to some 400 million full-time jobs.That is more than double the number forecast by the UN organisation back in April, when it ex