1 in 6 young workers lost job globally during pandemic – UN survey

A sixth of the world’s young labour force has stopped working since the start of the coronavirus pandemic, according to a survey by the International Labour Organisation (ILO).

The Geneva-based UN body also found that the COVID-19 crisis is hurting young people’s chances of entering the labour market, as around 10 per cent of students expect that they will not be able to complete their current education.

READ ALSO: Obasanjo hands over residence to Govt as COVID-19 isolation centre

Half said that their studies would be delayed.

“That leads us to be extremely concerned for the welfare of young people,” ILO director general Guy Ryder said in an online news conference.

He warned of a “lockdown generation” that could face lower wages and higher unemployment for years to come.

More than 11,000 respondents between the ages of 18 and 29 took part in the survey.

The ILO pointed out that global youth unemployment before the current crisis already stood at 13.6 per cent last year, above the level seen before the 2008 global financial crisis.

ibrandtv.com

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Next Post

May 27: Senate President celebrates Nigerian children

Wed May 27 , 2020
President […]
News Now: NASS Members, Genuine Fighters Of Corruption - Lawan

You May Like