WORLD ILO: More than one in six youth out of work due to COVID-19

WORLD

ILO: More than one in six youth out of work due to COVID-19

By Fan Jingyi | People's Daily app

14:04, May 29, 2020

Beijing (People’s Daily) - More than one in six young people have stopped working since the onset of the COVID-19 pandemic while those who remain employed have seen their working hours cut by 23 percent, says the International Labor Organization (ILO).

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People wear face masks as they queue to get an unemployment insurance outside the Chilean Unemployment Funds Administration headquarters in Santiago, on May 28, 2020. (Photo: AFP)

According to the ILO Monitor: COVID-19 and the world of work: 4th edition, the youth are being disproportionately affected by the pandemic, and the substantial and rapid increase in youth unemployment seen since February is affecting young women more than young men. From a regional perspective, the Americas (13.1 per cent), and Europe and Central Asia (12.9 per cent) present the largest losses in hours worked in Q2.

The pandemic is inflicting a triple shock on young people. Not only is it destroying their employment, but it is also disrupting education and training, and placing major obstacles in the way of those seeking to enter the labor market or to move between jobs.

“The COVID-19 economic crisis is hitting young people – especially women – harder and faster than any other group. If we do not take significant and immediate action to improve their situation, the legacy of the virus could be with us for decades. If their talent and energy is sidelined by a lack of opportunity or skills it will damage all our futures and make it much more difficult to re-build a better, post-COVID economy,” said ILO Director-General Guy Ryder.

The Monitor calls for urgent, large-scale and targeted policy responses to support youth, including broad-based employment/training guarantee programmes in developed countries, and employment-intensive programmes and guarantees in low- and middle-income economies.

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