Global “Jobs Gap” Will Reach 75 Million in 2021

The jobs 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, according to the  International Labour Organization (ILO). In their latest analysis “World Economic and Social Outlook” the ILO reports that: As the world’s labour market starts to […]

Pandemic causes decrease in average wages

The International Labour Organisation (ILO) has issued it’s bi-annual Global Wage Report which found that monthly wages fell or grew more slowly in the first six months of 2020.  This is obviously due to the impact of COVID, and in countries where strong measures were taken to preserve employment the effects of the crisis were […]