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Pandemic Saps 81 Million Jobs in Asia-Pacific in 2020, ILO Says

  • Women and youth jobs hit hardest by pandemic, labor group says
  • South Asia drives the gap, accounting for 50 million jobs lost
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WATCH: Sara Elder from the regional office for Asia and the Pacific of the ILO looks at how the pandemic has been affecting labor markets in the region. Daybreak: Asia." (Source: Bloomberg)

The economic blow from coronavirus has wiped out 81 million jobs across Asia-Pacific this year, with women and young people disproportionately affected, according to the International Labour Organization.

“Covid-19 has inflicted a hammer-blow on the region’s labor markets,” Chihoko Asada Miyakawa, the group’s regional director for Asia and the Pacific, said in a statement Tuesday. “Low levels of social security coverage and limited institutional capacity in many countries have made it difficult to help enterprises and workers back on their feet.”