WORLD COVID-19 pandemic to hit hard 220 mln young workers in Asia-Pacific: ADB


COVID-19 pandemic to hit hard 220 mln young workers in Asia-Pacific: ADB


17:09, August 19, 2020


File photo

The COVID-19 pandemic will hit hard nearly 220 million young workers aged 15 to 24 in Asia-Pacific region, according to a report released by the Asian Development Bank (ADB) on Tuesday.

The report titled "tackling the COVID-19 youth employment crisis in Asia and the Pacific" said the pandemic has triggered a massive disruption of labor markets that has had disproportionate impacts on youth employment.

"Through lockdowns and travel restrictions, demand has slumped and many businesses have been forced to close or cut back operations, with serious impacts on workers," the report says.

The report, a co-publication of the ADB and the International Labour Organization (ILO), said that nearly 220 million young workers in the region are particularly vulnerable given their short tenure on the job, their employment in especially hard-hit sectors, and their tendency to earn livelihoods in unsecured informal jobs.

"Youth will be hit harder than adults in the immediate crisis and also will bear higher longer-term economic and social costs," the study warns.

To address the youth employment crisis, the study urges governments to urgently adopt large-scale and targeted responses centered on comprehensive labor market policies, including wage subsidies and public employment programs to minimize the impacts on young students of disrupting their education and training.

It said, "Effective COVID-19 mitigation measures will ensure that the poorest and most vulnerable youth are reached and that young people are meaningfully engaged in policy and social dialogue."

Moreover, the report stressed the need to prioritize youth employment and maximize youth productivity in the COVID-19 recovery process, saying these will improve Asia-Pacific's prospects for inclusive and sustainable growth, demographic transition, and social stability.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue