World Employment and Social Outlook Report
The ‘World Employment and Social Outlook Report’ is an annual report published by the International Labour Organisation. This flagship report assesses the global trends pertaining to jobs.
The 2021 report released recently by the ILO estimates that the COVID-19 pandemic has pushed additional 100 million workers into poverty due to the decline in working hours and limited access to jobs. It expects the normalcy to return only in the year 2023. The report also forecasts that the world would witness 205 million people being unemployed next year. This is higher than the 2019 figures of 187 million.