THE United Nations (UN) has declared that the COVID-19 pandemic has caused an unprecedented jobs crisis across the world; while almost all workers and businesses have been affected by lockdown measures.
The UN Secretary General, António Guterres, therefore, called for immediate support for at-risk workers, enterprises, jobs and incomes to avoid closures, job losses and income decline.
He also called for a greater focus on both health and economic activity after lockdowns ease, with workplaces that are safe, and rights for all.
“The COVID-19 pandemic has turned the world of work upside down. Every worker, every business and every corner of the globe has been affected,” the UN Secretary-General said in a new Policy Brief on the World of Work and COVID-19, prepared with the International Labour Organization (ILO).
According to the policy brief, almost all of the world’s workers, some 94 per cent, were living in countries with some type of workplace closure measures in place in May 2020.
It also revealed that massive losses in working hours, equivalent to 305 million full-time jobs are predicted for the second quarter of 2020, while 38 per cent of the workforce – some 1.25 billion workers – is employed in high-risk sectors.
The brief said small and medium-sized enterprises – the engine of the global economy – are suffering immensely and many may not recover. Those living in developing countries and fragile contexts face the most dramatic risks, in part because they have least resilience.
The policy brief, which is based on data and analysis from the International Labour Organisation (ILO), warns that many of those people who have lost their jobs and livelihoods in recent months will not be able to re-enter labour markets any time soon.
Women have been particularly hard hit, it said, as they are disproportionately represented in high-risk sectors and are often amongst the first to lose employment and the last to return. The policy brief added that persons with disabilities, already facing exclusion in employment, are also more likely to experience greater difficulties returning to work during recovery.
The policy brief further stated that the socio-economic impact of the pandemic is falling disproportionately on those who were already in precarious circumstances and who can least absorb the additional blow.
It added: “The approximately two billion people working in the informal economy – often without rights at work and social protection – suffered a sixty per cent decline in earnings in the first month of the crisis alone.
“Young people account for more than four in ten of those employed in hard-hit sectors, globally. Combined with disruption to education and training, this places them at risk of becoming a ‘lockdown generation’ that will carry the impact of this crisis for a long time.”
“The world of work cannot and should not look the same after this crisis. It is time for a coordinated global, regional and national effort to create decent work for all as the foundation of a green, inclusive and resilient recovery,” the Secretary-General said.
YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE
Nigeria’s COVID-19 Cases Top 20,244 As Death Toll Hits 518
Nigeria’s coronavirus (COVID-19) cases, on Friday, increased to 20,244 as 436 new infections were announced by the Nigeria Centre for Disease Control… Read Full Story
MONDAY LINES: Oshiomhole And The North
I seek to draw lessons from the fate of northern Nigeria and that of Adams Oshiomhole of the All Progressives Congress (APC). Both currently suffer at the hands of their own creations, begging to breathe. The North grieves, wailing at the feet of its wild, untamed murderous boys; Adams is gasping in the grip of his audacious… Read Full Story
44.5 Per Cent Of Nigerians Aren’t Confident Their Children Will Be Protected From Coronavirus When Schools Reopen ― US Poll
44.5 per cent of Nigerians are not confident that their children will be protected from being exposed to coronavirus when schools reopen. Meanwhile, 97.3 per cent of Nigerians agree that the COVID-19 pandemic has demonstrated the need for greater investment in public healthcare… Read Full Story
Wild Polio Eradication, A Three Decade-Long War ― Buhari
President Muhammadu Buhari has thanked all those involved in the successful eradication of wild poliovirus in the country, saying that the feat was achieved after a three-decade-long war… Read Full Story
Nigeria’s Developmental Challenges Worsen As Debt Servicing Gulps 99% Of Revenue
Often times, individuals run into liquidity crises and need help from banks or other financial services companies or even friends to be able to sort themselves out. It could be to settle school fees, buy a car or even purchase foodstuff! So what happens when a country runs into a similar situation? For a number of emerging economies… Read Full Story
15 Things Effective Leaders Do With Extreme Consistency (I)
I first learned about effective leadership in chaotic environments as a Navy SEAL. Many, if not all, of those basic principles apply in business and life in general. We all have a different definition of success. But when we think of the more notable “successful” leaders out there, the narrative of their journey to the top… Read Full Story
LEADERSHIP & MANAGEMENT: Resuscitating A Dying Business
Businesses have their cycles. There are times when a business is prosperous and has everything going its way and there are other times when it experiences a downturn. Although some businesses are always on the go and continuously and consistently do well, these are the exceptions rather than the rule… Read Full Story
APC Crisis: Oshiomhole’s Exit Heralds 2023 Battle
As the All Progressives Congress (APC) chieftains and ordinary faithful watch with bated breath the unfolding power game in the ruling party, there are indications that what is playing out in the battle for the party structures ahead 2023 Presidency… Read Full Story
IPPIS Crisis: Varsity Workers Give FG 14-Day Ultimatum
Varsity workers, under the Joint Action Committee (JAC) of the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Universities and Associated Institutions (NASU), have issued a 14-day ultimatum to the Federal Government over the Integrated Payroll and Personnel… Read Full Story
I Didn’t Order Police CP To Prevent My Deputy From Leaving Govt House ― Akeredolu
Gov. Oluwarotimi Akeredolu of Ondo State has dismissed reports claiming that the Commissioner of Police in the state restrained his deputy, Agboola Ajayi, from leaving the Government House based on his directive… Read Full Story
Nigerians Will Pay For Electricity If Services Become Satisfactory ― Osinbajo
Vice President Yemi Osinbajo has said Nigerians are willing to pay for electricity if the services they receive from the distribution companies are constant and better… Read Full Story
Lawyers Task FG To Ratify ILO Convention No. 190 On Violence And Harassment
The International Lawyers Assisting Workers network (ILAW), Nigeria Chapter has called on the Federal Government to speedily ratify the International Labour Organisation (ILO) Convention No. 190 on Violence and Harassment in the world of work… Read Full Story
The Revenue Crisis And The Challenge Of Government
It has become a truth, universally acknowledged, that Nigeria currently faces an unprecedented revenue crisis. A report on the Medium-Term Expenditure Framework and Fiscal Strategy (MTEF/FSP) recently released by the Federal Ministry of Finance, Budget, and National Planning, revealed that during Q1 2020… Read Full Story
Now That You Are Young
I am a prince in Oyo State and I grew up in the city of Ibadan before leaving for Lagos State. In the early 80s and 90s, the third-largest city in Africa, Ibadan, had so many young rich men and women, who did not understand what I want to share with you right now. It will help you a great deal, if you will put it into practice. Remember… Read Full Story