»Die Erholung des Arbeitsmarktes wird noch Jahre andauern«

In 2020, an estimated 8.8 per cent of total working hours were lost – the equivalent of the hours worked in one year by 255 million full-time workers.

Decent work deficits and inequalities transformed the COVID-19 pandemic from a public health crisis into an employment and social crisis that has upended the livelihoods of millions of workers. There is a genuine risk that without comprehensive and concerted policy efforts, widened inequality and reduced overall progress in the world of work will persist across multiple dimensions. International policy action is needed to ensure worldwide access to vaccines and financial assistance for developing countries – including through debt restructuring.

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