Session2 03 Sara Elder (ILO) Elder (I… · í ò r í í r î ì í &29,' dqg wkh zruog...

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16-11-20

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COVID-19 and the world of work in Asia and the PacificSara Elder, Senior EconomistILO Regional Office for Asia and the Pacific

Working hour losses are high

Advancing social justice, promoting decent work

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Alleys are deserted during COVID-19.

Drop in working hours (%, relative to 2019 Q4)

05

1015202530

%

2020 Q1 2020 Q2 2020 Q3

Source: ILO Monitor on COVID-19 and the world of work.

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Jobs have been lost

Advancing social justice, promoting decent work

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Decline in employment, 2019 Q2 – 2020 Q2

-6 -5 -4 -3 -2 -1 0

Japan

Republic of Korea

Thailand

Viet Nam

%Men Women

Restaurants are adapting to COVID-19.

Source: ILO Asia-Pacific Employment and Social Outlook 2020.

Advancing social justice, promoting decent work

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Preparing for class in Indonesia.

Female and youth share in employment loss, Q2 2020 (%, year-on-year)

Women and youth disproportionately affected

0

20

40

60

Australia Japan Korea, Republicof

Thailand Viet Nam

%

Female share

Youth share

Youth share in total employment, Q2 2019

Female share in total employment, Q2 2019Source: ILO Asia-Pacific Employment and Social Outlook 2020.

3

4

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Many workers moved into inactivity

Advancing social justice, promoting decent work

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0 20 40 60 80 100

Japan

Republic ofKorea

Thailand

Viet Nam

%Share due to unemployment Share due to inactivity

A greengrocer sells fresh vegetables on the market.

Share of increases in unemployment and inactivity in the aggregate employment decline

Source: ILO Asia-Pacific Employment and Social Outlook 2020.

Advancing social justice, promoting decent work

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A convenience store implements safety measures.

Labour income has been lost

Percentage of labour income lost due to working hour losses, 2020 Q1-Q3

0 5 10 15 20

Southern Asia

South-Eastern Asia and the Pacific

Eastern Asia

Asia and the Pacific

World

%Source: ILO Monitor on COVID-19 and the world of work.

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Fiscal stimulus packages are small relative to the labour market damage

Advancing social justice, promoting decent work

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A woman sells fruits and vegetables on the sidewalk.

02468

101214

%

Equivalent fiscal stimulus value Hours lost % (average over Q1-Q3 2020)

Asia and the Pacific

Advancing social justice, promoting decent work

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New Normal? Better Normal!

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