Covid-19 has cost global workers $3.7tn in lost earnings, says ILO
by Richard Partington Economics correspondent from on (#5D9A5)
Women and young workers bear brunt of job losses and reductions in hours, says UN labour body
The economic blow from Covid-19 has cost workers around the world $3.7tn (2.7tn) in lost earnings, after the pandemic wiped out four times the number of working hours lost in the 2008 financial crisis, according to the UN's labour body.
The International Labour Organization (ILO) said women and younger workers had borne the brunt of job losses and reductions in hours, and warned that people in sectors hardest hit by the crisis - such as hospitality and retail - risked being left behind when the economy recovered.
Related: Covid deaths higher among low-paid workers in England and Wales, analysis shows
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