News from World

Four billion people have no social protection, according to the International Labor Organization. The ILO’s director-general, Gilbert Houngbo, told panelists at an IMF seminar that four times as many jobs were lost during the COVID-19 pandemic as the global financial crisis, “placing additional pressures on already stretched and indebted households.”

Four billion people have no social protection, according to the International Labor Organization. The ILO’s director-general, Gilbert Houngbo, told panelists at an IMF seminar that four times as many jobs were lost during the COVID-19 pandemic as the global financial crisis, “placing additional pressures on already stretched and indebted households.”