ILO says coronavirus will cost 195 million jobs in Q2

The UN’s International Labour Organisation (ILO) forecast on Wednesday that the coronavirus pandemic would wipe out 6.7 percent of working hours globally – an equivalent of 195 million full-time workers – in the second quarter of 2020.

ILO said this would be with a standard 48-hour working week.

In March, the labour agency predicted that around 25 million jobs would be lost by the end of 2020.