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U.N. estimates loss of 195M full-time jobs

The agency says full or partial lockdown measures now affect nearly 2.7 billion workers or about 81 percent of the global workforce.

Boris Johnson Moved To Intensive Care Suffering Persistent Symptoms Of Covid-19
An NHS staff member looks from a top floor window at the St Thomas’ Hospital on April 07, 2020 in London, England. Prime Minister Boris Johnson was transferred to the intensive care unit at St Thomas’ Hospital after his coronavirus symptoms worsened last night.
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GENEVA — The U.N.’s labor organization estimates the equivalent of 195 million full-time jobs could be lost in the second quarter alone from the COVID-19 outbreak, with businesses and plants shuttered worldwide.

The projection from the International Labor Organization is based on an emerging impact of the virus, and it amounts to a big increase from its March 18 prediction for an extra 25 million jobs losses for all of 2020.

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ILO Director-General Guy Ryder says, “These figures speak powerfully for themselves: That the world of work is suffering an absolutely extraordinary fall.”

The agency says full or partial lockdown measures now affect nearly 2.7 billion workers or about 81 percent of the global workforce.

Some 1.25 billion are in hard-hit sectors such as hotel and food services, manufacturing and retail.