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The Guardian - UK
The Guardian - UK
Politics
Larry Elliott Economics editor

Covid variants have led to worse global unemployment, says ILO

A man looks at signs of a closed store due to Covid in Niles, Illinois
A man looks at signs of a closed store due to Covid in Niles, Illinois. Photograph: Nam Y Huh/AP

The outlook for jobs globally this year has worsened markedly since last spring as new variants of the Covid-19 virus have slowed growth and restricted hiring, according to a report from the International Labour Organisation.

In its latest assessment of the state of the labour market, the Geneva-based ILO said unemployment would remain above 2019 levels until at least 2023 and the damage caused by the pandemic would take years to repair.

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