The organization described which population group suffered the most from the epidemic.
One in six people in the world under the age of 29 stopped working due to a coronovirus epidemic. This was reported in the International Labor Organization (ILO).
The ILO reported that the epidemics not only caused significant job losses among young people, but also violated the “education and training systems, which create significant barriers for those wishing to enter the labor market or change jobs”.
International labor organization
According to the organization, 178 million people under the age of 29 were employed before the crisis in the areas most affected by the epidemic, particularly in retail trade and tourism. About 77% of the youth who worked before the epidemic were employed informally.
The ILO report states, “About half of the young students reported potential delays in completing their current courses, while 10% expected that they would not be able to complete their studies due to a coronovirus crisis.”
Furthermore, according to a study by the organization, those who retained their jobs faced job cuts. So, on average, this figure decreased by 23%.
The organization’s experts, in view of this state of affairs, are calling for immediate, large-scale and targeted political measures to support young people.
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We previously wrote that the Center for Earlieralalysis убличpublich ffanceance öp ublicp ämanagement KKievskoy hShkoly EShkolyh кEconomy.com warned: The income from the fund will not be enough to pay unemployment. The shortage of funds will be due to the drop of revenue, due to VESV and the expected increase in the number of unemployed.
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According to the content interfax.com.ua