Global News4.8 Million Jobs Lost to War in Ukraine -...

4.8 Million Jobs Lost to War in Ukraine – ILO


- Advertisment -spot_img

The UN International Labour Organisation (ILO) says an estimated 4.8 million jobs have been lost in Ukraine since Russia’s February 24 invasion, NAN reported.

This was announced by the ILO in a UN brief published on Wednesday.

‘The impact of the Ukraine crisis on the world of work: Initial assessments’ estimated that escalating hostilities would further affect the economy, causing employment losses to soar to seven million.


However, if the fighting were to cease immediately, the ILO study said a rapid recovery could return 3.4 million jobs and reduce employment losses to 8.9 per cent.

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 – 43.5 per cent, or 1.2 million, of whom had previously held jobs.

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.

Read AlsoAnnual Cancer Deaths in Africa to Reach 1M by 2030 – Report

The Ukraine crisis also threatens labour disruptions in neighbouring nations – mainly Hungary, Moldova, Poland, Romania, and Slovakia – as continued hostilities threaten to force the refugees into longer exiles, further pressuring labour markets and social protection systems, and increasing unemployment.

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.

These countries are among the top 10 countries of origin for migrants in Russia, many of whom send significant shares of remittances back to their home nations.

If hostilities and sanctions against Russia led to job losses for migrant workers, they may return to their countries, severely triggering economic losses throughout Central Asia as a whole.

Russia’s war is also creating a shock to the global economy, further complicating the COVID-19 recovery, as it is likely to affect employment and wage growth while putting additional pressure on social protection systems.

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.

Read AlsoPoor Working Conditions: Former Facebook Content Moderator in Kenya Sues Meta

The situation is particularly hard in low- and middle-income countries, many of which have been unable to fully recover from the COVID-19 crisis.

In March, ILO passed a resolution calling on Russia to “immediately and unconditionally cease its aggression” against Ukraine, expressing its grave concern over the severe impact it has on workers and employers who risked their lives to continue working.

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.

It also advocated for employers’ and workers’ organisations to play a role in providing humanitarian support and ensuring the continuation of work, where possible.

Meanwhile, the Food and Agriculture Organisation (FAO) brought European and Central Asian countries together to find solutions to the war’s impact on global agrifood systems.

The Europe and Central Asia region includes 53 high- and middle-income countries that are home to more than 900 million people.

Although FAO believes that the region is in a “good position” as one of the world’s food baskets, hunger levels are rising, along with prices for food, feed, fuel and fertilizer.

New Webbs is an independent online news platform launched with the aim of connecting the world with the latest news on the web.


Please enter your comment!
Please enter your name here

Latest news

Pepsi Partners EMPIRE To Launch Pepsi Music Academy

Lagos, Nigeria - Pepsi Nigeria, a leading cola carbonated soft drink beverage at the forefront of driving contemporary pop...

Clergyman Allegedly Snatches, Impregnates Member’s Wife

Ekiti, Nigeria - The founder of Christ High Commission Church, Pastor Noah Abraham has been accused by one of his...

Ecobank Unveils ‘Save & Score Promo’ For All-Expenses Paid Trip To Cote d’Ivoire

Lagos, Nigeria - Ecobank Nigeria has flagged of its, “Save and Score” promo, which is inspired by the upcoming...

AMACOS‘94/’99 Alumni Donates Items To SOS Children’s Village

Lagos, Nigeria - The Association of Mass Communication Students Alumni (AMACOS) of Moshood Abiola Polytechnic (MAPOLY) 1994/1999, on Thursday,...
- Advertisement -spot_imgspot_img

Chef Dammy Release On Bail After Arrested By Police

Akure, Nigeria - Following a petition filed by Prophet Adegoke Jeremiah, operatives of the Ondo State Police Command have...

Three Police Officers Nabbed Over Alleged Murder Of Landlord

Port Harcourt, Nigeria - The killing of a landlord, Nyebuchi Eke, in Woji community, Obio Akpor Local Government Area...

Must read

AMACOS‘94/’99 Alumni Donates Items To SOS Children’s Village

Lagos, Nigeria - The Association of Mass Communication Students...

Chef Dammy Release On Bail After Arrested By Police

Akure, Nigeria - Following a petition filed by Prophet...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you