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

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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.

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.

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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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Cannes 2024: Deepti Sadhwani, TMKOC star, was reprimanded for donning a “blanket” on the red carpet.

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Cannes 2024: Deepti Sadhwani, TMKOC star, was reprimanded for donning a “blanket” on the red carpet.

Sadhwani Deepti In 2024, Deepti Sadhwani wowed on the red carpet of the 77th Cannes Film Festival. The Tarak Mehta Ka Ooltah Chashmah actress attracted attention with her look while sporting an orange outfit. The majority of attention is definitely focused on Cannes because actors, actresses, and directors from all over the world attend this event. When people talked about Deepti’s outfit on the red carpet, a lot of people called her the “blanket on the red carpet.” Let’s examine the opinions of fans regarding Deepti Sadhwani.

At Cannes 2024, Deepti Sadhwani was reprimanded for wearing a “blanket on the red carpet.”

a video of Deepti Sadhwani in which she may be seen posing in Cannes with her fur-like trail. A admirer made the quip, “Iske buttons kaha hai,” as she showed off the largest trail on the first day. “Kiska balnket pehen aayi ye?” was written by someone. In response to the video, someone else said, “blanket on red carpet.” “Isme to koi ghusa to najar bhi ni ayenga,” a fan made fun of the trail that resembled fur.

Deepti posted on Instagram after her Cannes performance, saying, “Dreams do come true, and so did mine. I had always dreamed of it as a youngster, and I eventually realised it at the French Riviera’s opening ceremony for the 77th Cannes Film Festival.” The actress was dressed in a pullover that resembled fur beneath a translucent orange dress. The designer of Deepti’s outfit was Aanchal Dey couture. Deepti asserted that she was honoured to be walking the red carpet.

Tuesday, May 14, 2024, was the start of Cannes 2024. The last day of the tournament is May 25, 2024. The 77th Cannes Film Festival is expected to attract a multitude of Bollywood celebrities, such as Aishwarya Rai Bachchan, Aditi Rao Hydari, and Jacqueline Fernandez, who will walk the red carpet. Devil Weaars have been observed thus far. Meryl Streep, the actress from Prada, receiving the honorary Plame d’Or.

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