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52 million job deficit, 21 million more unemployed this year from 2019 level

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3 years ago

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52 million job deficit, 21 million more unemployed this year from 2019 level

The International Labour Organization (ILO) has said that global labour market performance may struggle to return to pre-pandemic levels in the coming years. In its report, World Economic and Social Outlook – Trends to 2022, the UN agency forecasts that total global hours worked this year will be nearly 2% below pre-pandemic levels, equivalent to a shortfall of 52 million full-time jobs .

The report shows that by 2022, the number of unemployed worldwide will be as high as 207 million, which is about 21 million higher than the level in 2019.

“While this figure represents a considerable improvement from 2021, when hours worked adjusted for population growth were lower than in the fourth quarter of 2019, equivalent to 125 million full-time jobs (assuming a 48-hour work week), it remains extremely high,” the ILO report said.

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ILO projections suggest that a full recovery remains elusive in all regions – Africa, the Americas, the Arab States, Asia and the Pacific, and Europe and Central Asia – with Europe and the Pacific coming the closest. The economic outlook is most negative in Latin America, the Caribbean and Southeast Asia. “Developing economies that rely on labor-intensive goods or commodity exports are especially struggling to adapt to demand fluctuations due to pandemic-related changes in economic growth. Economies that rely on tourism are suffering severely from border closures and lost revenue,” The report added.

Financial stress is further compounded by loss of income due to unemployment and reduced working hours due to the lack of social protection programs in developing economies. It has a knock-on effect on health and nutrition. According to the report, an additional 30 million adults will be pushed into extreme poverty without pay in 2020. With a slow and uncertain recovery in the global labor market, inflation has significantly reduced disposable income, adding to the cost of the crisis.

Complete News Source : Hindustan Times

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2 ‘Kala Jatheri gang members’ killed in encounter with F’bad cops in Fatehabad

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1 day ago

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December 21, 2024

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2 ‘Kala Jatheri gang members’ killed in encounter with F’bad cops in Fatehabad

According to the police, the encounter took place after at least four suspects tried to help their close aide escape from police custody
The Faridabad police gunned down two members of the Kala Jatheri gang in an encounter near Fatehabad on Friday, officers said. A constable was injured in the gunfight, they added.

According to the police, the encounter took place after at least four suspects tried to help their close aide escape from police custody.

The identity of one of the deceased was not known, while the other was identified as Ravi (single name), who had 28 cases lodged against him in multiple districts.

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Aman Yadav, assistant commissioner of Police (ACP), Faridabad said the incident occurred when the police van stopped near a roadside eatery on the outskirts of Fatehabad while transporting Ravi back to Faridabad jail after a court appearance in an Arms Act case.

“Four armed individuals attacked the police team, firing multiple rounds to facilitate Ravi’s escape. In retaliation, police returned fire, killing Ravi and another suspect on the spot,” Yadav said.

Constable Sarjeet Yadav suffered a gunshot wound to his left forearm. He was rushed to a civic hospital, where his condition is reported to be stable, said police.

Yadav said that Ravi, who had been lodged in Faridabad jail since April 24, 2023, was being transported after attending an appeal hearing at the Fatehabad court. The ambush, allegedly orchestrated by Ravi’s associates, was intended to secure his release from custody. The police’s swift response thwarted the plan.

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Ravi had a long history of violent crimes, including murder, attempted murder, dacoity, robbery, and Arms Act violations. His activities spanned multiple districts, such as Sonipat, Jind, Rohtak, Faridabad, and Delhi. He was a key member of the Kala Jathedi gang, led by the notorious gangster Sandeep alias Kala Jathedi, who is currently in Tihar Jail.

Kala Jathedi himself is implicated in over a dozen cases across Delhi, Haryana, Punjab, Rajasthan, and Uttar Pradesh. In 2020, he famously escaped from Haryana Police custody during a similar ambush orchestrated by his gang.

ACP Yadav confirmed that police teams are actively investigating to identify the remaining attackers involved in the ambush. “We are working to uncover the identities of the other suspects who participated in the operation. Stringent action will be taken against all involved,” Yadav said.

This encounter is part of an ongoing crackdown on organized crime, with authorities aiming to dismantle gangs operating in the region.

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