ILO Monitor on the “world of work”:

• The latest edition of the “World of Work” report was recently released by the International Labour Organization (ILO).

Highlights of the Report:

• 2 crore jobs might have lost between the last quarter of 2021 and the first quarter of 2022.
• Deterioration of the gender gap in work hours in the second quarter of 2020 in the lower-middle-income countries.
• Job loss in women: For every 100 women at work prior to the pandemic, 12.3 women would have lost their job as an average through the entire period considered by the report.
• Job loss in men: For every 100 men at work prior to the pandemic, 7.5 men would have lost their job as an average through the entire period considered by the report.
• A “great and growing divergence between richer and poorer economies” continues to characterise the recovery.