The Covid-19 pandemic has turned the financial status of the country upside down. With more passing time, joblessness is hitting people hard, especially young workers. The ones who are still employed, ILO (International Labour Organisation) say that their working hours are cut by 23%. “The Covid-19 economic crisis is hitting young people, harder and faster than any other group”, said Guy Ryder, ILO Director-General.
The pandemic is not only taking away their jobs but has also suppressed their education and their basic training causing a hindrance in the path of those who are seeking to enter the labour market or are in the middle of their newly joined jobs. But if this situation persists, it will prove disastrous in the upcoming period. “If their talent and energy are side-lined by a lack of opportunity or skills it will damage all our futures and make it more difficult to re-build a better” added Ryder.
According to the reports of ILO, during the first quarter of the COVID situation, of about 130 million full-time jobs were lost (assuming 48-hour working week) and in the second, of about 305 million, of which the largest are of America with 13.1% and Europe and Central Asia with 12.9%.
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To somewhat tackle this crisis, the ILO decided to take up certain policies and immediate measures to support the working youth and that includes, broad-based employment, training guarantee programmes in developed countries, employment-intensive programmes, guarantee to low and middle-class economies, supporting enterprises and lastly protecting workers in their workplace.
“Creating an employment-rich recovery that also promotes equity and sustainability means getting people and enterprises working again as soon as possible, in safe conditions”, Ryder further stated.