Coronavirus impact: COVID-19 could put 25 mn more people out of work, says UN

Workers globally stood to lose up to $3.4 trillion in income this year alone, says UN

AFP
Updated18 Mar 2020, 08:19 PM IST
Bank employees wear masks as a precautionary measure following the coronavirus pandemic, in Mumbai
Bank employees wear masks as a precautionary measure following the coronavirus pandemic, in Mumbai(Photo: PTI)

The coronavirus (also known as COVID-19 ) pandemic will push 25 millions of more workers into unemployment, underemployment and working poverty, the United Nations said Wednesday, warning that workers globally stood to lose up to $3.4 trillion in income this year alone.

"Falls in employment... mean large income losses for workers," the International Labour Organization said, releasing a report showing workers stand to lose between $860 billion and $3.4 trillion by the end of 2020.

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