UN Labor Agency: Pandemic Job Losses Four Times Higher Than After 2009 Financial Collapse
The ILO estimates that the Covid-19 crisis caused a loss of 8.8% of global working hours in 2020—the equivalent of 255 million full-time jobs.
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Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
The ILO estimates that the Covid-19 crisis caused a loss of 8.8% of global working hours in 2020—the equivalent of 255 million full-time jobs.
Goldman Sachs is openly saying in financial reports that curing people of terrible diseases is not good for business.
The crisis of the pandemic, the economic crisis, the political crisis, and the ecological crisis all ultimately comprise a four-fold public health mega-crisis. An ancient principle of justice points to solutions for this mega-crisis of today.
Contrary to the government’s claims of an economic recovery, millions of young Indians laid off last year remain jobless.
These are: how much did the government claim to have spent in 2020-21, and how much does it intend to spend in 2021-22. They will determine whether there is any real hope of sustained macroeconomic recovery in the near future.
A survey of reforms in health policies in India over the past two decades – actually a string of privatisation policies – indicates that we have moved away from and not towards Universal Health Coverage. What then needs to be done?
The world’s ten richest men, says an Oxfam report, have seen their combined wealth increase by half a trillion dollars since the pandemic began—more than enough to pay for a COVID-19 vaccine for everyone and to ensure no one is pushed into poverty by the pandemic.
Mukesh Ambani earned ₹90 cr. an hour during the pandemic when around 24% of people in India were earning under ₹3,000 a month, says the report.
The inaction of neoliberal and far-right governments to contain the pandemic and thus save tens of thousands of lives is criminal.
It has aimed its battering ram at the Indian Parliament, Indian federalism, the Indian press and Indian civil society organisations.
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