- It has been reported the number of hours worked globally dropped in the first quarter of 2022, to 3.8% . About 11.2 crore jobs have lost during this period.
- It is observed that both India and lower-middle-income countries experienced a deterioration of the gender gap in work hours in the second quarter of 2020.
- If we talk specifically about women for every 100 women at work prior to the pandemic, 12.3 women would have lost their job on average.
- Apart from that Women's employment in India has come down, particularly in sectors such as healthcare due to the COVID-19 pandemic.
- There is a need to take a humane approach in order to tackle financial turbulence, potential debt distress, and global supply chain disruption.
- Another important factor is the Ukraine war due to which the food and oil prices have increased drastically which again creates a broader impact on labor markets.
Question:
Q.1 According to the latest report released by the International Labour Organisation the number of jobs lost during a pandemic period is?a. 10.5 crore
b. 11.2 crore
c. 13.2 crore
d. 9.6 crore
