Explained | The lingering crisis of labour post-pandemic

Explained | The lingering crisis of labour post-pandemic

The story so far: The International Labour Organisation (ILO) recently released two reports that gave an indication of the global employment scenario post-pandemic. The ‘Global Wage Report 2022-2023: The Impact of inflation and COVID-19 on wages and purchasing power’ discuss the twin crises, inflation and economic slowdown, which created a “striking fall” in real monthly […]

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Ukraine conflict, inflation stagnate labour market: ILO

Ukraine conflict, inflation stagnate labour market: ILO

The report said excessive policy tightening was causing undue damage to jobs and income in both advanced and developing countries The report said excessive policy tightening was causing undue damage to jobs and income in both advanced and developing countries The global labour market will deteriorate further due to the conflict between Ukraine and Russia […]

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