Covid impact on work four times worse than 2008 economic crisis: ILO

Published June 8, 2021
The United Nations said on Monday that the Covid-19 pandemic’s impact on the world of work was four times worse than the 2008 economic crisis. — Reuters/File
The United Nations said on Monday that the Covid-19 pandemic’s impact on the world of work was four times worse than the 2008 economic crisis. — Reuters/File

GENEVA: The United Nations said on Monday that the Covid-19 pandemic’s impact on the world of work was four times worse than the 2008 economic crisis.

The UN’s International Labour Organisation (ILO) said the pandemic had had a “devastating” and even “cataclysmic” effect, as it sought to tackle an uneven recovery from the coronavirus crisis.

The ILO on Monday kicked off its annual International Labour Conference (ILC), being held virtually for the first time, and this year focused on fostering a “human-centred” recovery from the pandemic.

“The working experience of this pandemic for some has been of inconvenience, tedium, stress, and frustration. For others it has been about fear, poverty, and survival,” ILO director-general Guy Ryder said as he opened the conference plenary.

The crisis has pushed more than 100 million more workers into poverty, the ILO said in its annual World Employment and Social Outlook report ahead of the conference.

It said working hours plummeted and access to good-quality jobs had evaporated.

The report showed that global unemployment could affect 205m people in 2022 — far higher than the 187m in 2019.

Employment was not expected to bounce back to pre-pandemic levels until 2023 at the earliest, it said.

“Taken as a whole, this represents a world of work crisis four times as severe as the one triggered by the financial crisis of 2008 and 2009,” said Ryder.

Published in Dawn, June 8th, 2021

Opinion

Editorial

Fiscal concerns
Updated 06 Dec, 2025

Fiscal concerns

Talks on the 11th Award have opened at a politically charged moment amid attempts by the centre to undo the constitutional protection given to the existing provincial share under the NFC Award.
Hero worship
06 Dec, 2025

Hero worship

IT seems that, like public representatives, our national heroes will also be selected for us. The Senate deputy...
KU institute
06 Dec, 2025

KU institute

THE Sindh government’s decision to separate the Institute for Chemical and Biological Sciences from Karachi...
US asylum freeze
Updated 05 Dec, 2025

US asylum freeze

IT is clear that the Trump administration is using last week’s shooting incident, in which two National Guard...
Colours of Basant
05 Dec, 2025

Colours of Basant

THE mood in Lahore is unmistakably festive as the city prepares for Basant’s colourful kites to once again dot the...
Karachi’s death holes
05 Dec, 2025

Karachi’s death holes

THE lidless manholes in Karachi lay bare the failure of the city administration to provide even the bare necessities...