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ILO sees 195 million jobs lost to recession

The world's employees will lose working hours equivalent to 195 million jobs in the second quarter of 2020 due to the pandemic, the U.N. labor agency said.

Shoppers at a Home Depot in the Washington region on April 4, 2020
Shoppers at a Home Depot in the Washington region on April 4, 2020 (AN/J. Heilprin)

GENEVA (AN) — The world's employees will lose 6.7% of their working hours in the second quarter of 2020 — equivalent to 195 million jobs — amid a global recession due to the COVID-19 pandemic, the U.N. labor agency said on Tuesday.

The International Labor Organization's latest forecast and analysis reflects the challenges of 81% of the 3.3 billion global workforce living in nations where partial or full lockdowns are in place to slow the spread of the novel coronavirus.

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