The global labor market will need more time to recover than previously expected, with unemployment levels remaining above the pre-coronary period, at least until 2023, due to uncertainty over the course and duration of the pandemic, the International said. Labor Organization in its announcement.
The UN estimates that equivalent to about 52 million fewer jobs in 2022 than pre-coronavirus levels, a number that is double the previous estimate from June 2021.
The problems are expected to continue in 2023 when there will still be 27 million fewer jobs, he stressed, warning of a “slow and uncertain recovery” in the report on global employment and social prospects in 2022.
“Global labor market outlook has deteriorated since the latest ILO forecast. A return to pre-pandemic performance is likely to remain elusive for much of the world in the coming years,” the report said.
General Manager Guy Ryder told reporters that there were many factors behind the review, saying that “the priority is the continuation of the epidemic and its mutations, especially Omicron”.
In all, about 270 million people are estimated to be unemployed in 2022. However, the report says the impact will be significantly greater, as many people have left the workforce and have not yet returned.
Again, the projected deficit in working hours in 2022 represents an improvement over the last two years.
In 2021, ILO estimates put the number at 125 million fewer jobs than at pre-pandemic levels, and by 2020, 258 fewer jobs.
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Source From: Capital
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