The labour market impacts of the Covid-19: A global perspective
- The Indian Journal of Labour Economics
- 63(1), Oct, 2020: p.11-15
The COVID-19 pandemic caused a global health crisis, which has rapidly transformed into economic and labour market shocks that have, in turn, led to a global job crisis with unprecedented magnitude. This note offers a brief overview of the current job crisis, drawing on the latest work of the ILO. As the pandemic continues to evolve with little sign of light at the end of the tunnel, any assessment of labour market disruptions involves a high level of uncertainty. Projecting possible future trajectories of development is even more uncertain. Nonetheless, it is crucial to monitor and analyse labour market impacts with best possible data and methods and update them on a regular basis, hence helping countries develop timely and informed policy responses. – Reproduced