{"id":24139,"date":"2022-05-12T11:11:28","date_gmt":"2022-05-12T11:11:28","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=24139"},"modified":"2022-05-12T11:11:28","modified_gmt":"2022-05-12T11:11:28","slug":"un-labour-agency-says-4-8m-jobs-lost-to-war-in-ukraine","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/05\/12\/un-labour-agency-says-4-8m-jobs-lost-to-war-in-ukraine\/","title":{"rendered":"UN labour agency says 4.8m jobs lost to war in Ukraine"},"content":{"rendered":"

UN International Labour Organisation (ILO) says an estimated 4.8 million jobs have been lost in Ukraine since Russia\u2019s February 24 invasion, according to a brief published on Wednesday.<\/p>\n

The impact of the Ukraine crisis<\/a> on the world of work: Initial assessments estimates that escalating hostilities would further affect the economy, causing employment losses to soar to seven million.<\/p>\n

However, if the fighting were to cease immediately, the ILO study says that a rapid recovery could return 3.4 million jobs and reduce employment losses to 8.9 per cent.<\/p>\n

Of the more than 5.23 million mostly women and children who have fled Ukraine to neighbouring countries, approximately 2.75 million are of working age \u2013 43.5 per cent, or 1.2 million, of whom had previously held jobs.<\/p>\n

In response to the disruption, Ukraine has made considerable efforts to keep the national social protection system operational by guaranteeing payment benefits, including to internally displaced persons, through digital technologies.<\/p>\n

The Ukraine crisis also threatens labour disruptions in neighbouring States \u2013 mainly Hungary, Moldova, Poland, Romania, and Slovakia \u2013 as continued hostilities threaten to force the refugees into longer exiles, further pressuring labour markets and social protection systems, and increasing unemployment<\/a>.<\/p>\n

The economic and employment disturbances are having significant ripple effects on Central Asia, especially countries depending on remittances from Russia, such as Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.<\/p>\n

These States are among the top ten countries of origin for migrants in Russia, many of whom send significant shares of remittances back to their home nations.<\/p>\n

If hostilities and sanctions against Russia lead to job losses for migrant workers, they may return back to their countries, severely triggering economic losses throughout Central Asia as a whole.<\/p>\n

Russia\u2019s aggression also creates a shock to the global economy, further complicating the COVID recovery, as it is likely to affect employment and wage growth while putting additional pressure on social protection systems.<\/p>\n

And in many high-income countries that are showing signs of labour market recovery, the fallout from the Ukraine crisis may worsen labour conditions and reverse some of their gains.<\/p>\n

The situation is particularly hard in low- and middle-income countries, many of which have been unable to fully recover from the COVID crisis<\/a>.<\/p>\n

In March, ILO passed a resolution calling on Russia to \u201cimmediately and unconditionally cease its aggression\u201d against Ukraine, expressing its grave concern over the severe impact it has on workers and employers who risked their lives to continue working.<\/p>\n

To mitigate the impact of the crisis on the Ukrainian labour market, ILO recommended measures to provide targeted employment support in the comparatively safe areas of Ukraine, including by building on the Government-sponsored programme to relocate workers and enterprises.<\/p>\n

It also advocated for employers\u2019 and workers\u2019 organisations to play a role in providing humanitarian support and ensuring the continuation of work, where possible.<\/p>\n

Meanwhile, the Food and Agriculture Organisation (FAO) brought European and Central Asian countries together to find solutions to the war\u2019s impact on global agrifood systems.<\/p>\n

The Europe and Central Asia region includes 53 high- and middle-income countries that are home to more than 900 million people.<\/p>\n

Although FAO believes that the region is in a \u201cgood position\u201d as one of the world\u2019s food baskets, hunger levels are rising, along with prices for food, feed, fuel and fertiliser.<\/p>\n","protected":false},"excerpt":{"rendered":"

UN International Labour Organisation (ILO) says an estimated 4.8 million jobs have been lost in Ukraine since Russia\u2019s February 24 invasion, according to a brief published on Wednesday. The impact of the Ukraine crisis on the world of work: Initial assessments estimates that escalating hostilities would further affect the economy, causing employment losses to soar […]<\/p>\n","protected":false},"author":4,"featured_media":24169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[238],"tags":[5091,414,4825],"class_list":["post-24139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreign","tag-ovid-crisis","tag-unemployment","tag-workers"],"yoast_head":"\nUN labour agency says 4.8m jobs lost to war in Ukraine » BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/05\/12\/un-labour-agency-says-4-8m-jobs-lost-to-war-in-ukraine\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UN labour agency says 4.8m jobs lost to war in Ukraine\" \/>\n<meta property=\"og:description\" content=\"UN International Labour Organisation (ILO) says an estimated 4.8 million jobs have been lost in Ukraine since Russia\u2019s February 24 invasion, according to a brief published on Wednesday. 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