World lost equivalent of 255 million jobs in 2020: UN ...United Arab Emirates

Geneva: The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the equivalent of more than a quarter of a billion lost. In a fresh study, the UN's International Labour Organization (ILO) found that a full 8.8 percent of global working hours were lost in 2020, compared to the fourth quarter of 2019. That is equivalent to 255 million full-time jobs, or "approximately four times greater than the number lost during the 2009 global financial crisis," the ILO said in a statement. "This has been the most severe crisis for the world of work since the Great Depression of the 1930s," ILO chief Guy Ryder told reporters in a virtual briefing. Since surf

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