Corona's sin leaves 500 million unemployed worldwide: International Labor Organization survey

- More than two crore people were from India

New Delhi, 24 September 2020, Thursday

The Corona virus has claimed the lives of 50 million people worldwide, according to a survey.

The International Labor Organization (ILO) report claims that the corona virus has left 500 million people unemployed worldwide. In India alone, more than two crore people lost their livelihood.

However, if we talk about India enough, this figure could be even higher. Earlier, the Center for the Monitoring of Indian Economy (CMIE) had published a report stating that India's unemployment rate was high.

According to the ILO, the Corona virus caused more damage than expected. The economies of most countries around the world were adversely affected. In this, developing countries and poor countries were killed. The ILO says the actual damage was much higher than the figures that are coming out.

Working over during the second quarter of 2020 was seventeen percent lower than at the end of 2019. According to the ILO, worldwide labor income losses were 3.5 3.5 trillion, excluding government-sponsored programs. This figure is shocking to economists. It was hoped that the situation would improve a bit in late 2020.