Coronavirus pandemic has wiped out $3.5tn in work income, says ILO
by Richard Partington Economics correspondent from on (#58G0D)
UN body figures show people in Americas and lower to middle-income nations hardest hit
The economic fallout from the coronavirus pandemic has wiped out $3.5tn (2.75tn) of earnings for millions of people around the world, according to the UN's labour body.
The International Labour Organization (ILO) said income from work declined by an estimated 10.7% in the first three-quarters of 2020 compared with the same period in 2019.
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