22. November 2024
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April 30, 2020
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EconomyEducation & HR

ILO: As job losses escalate, nearly half of global workforce at risk of losing livelihoods

6min
The latest ILO data on the labour market impact of the COVID-19 pandemic reveals the devastating effect on workers in the informal economy and on hundreds of millions of enterprises worldwide. GENEVA (ILO News) – The continued sharp decline in working hours globally due to the COVID-19 outbreak  means that 1.6 billion workers in the informal economy […]
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April 28, 2020
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ECONOMIC IMPACT – COVID 19Education & HR

The COVID-19 crisis: A wake-up call to strengthen social protection systems

4min
GENEVA (ILO News) – Governments, together with social partners and other stakeholders, should use the COVID-19 crisis  as a wake-up call to strengthen their social protection systems, says the International Labour Organization. An analysis shows that countries that have effective health and social protection systems in place and that provide universal coverage, are better equipped to protect […]
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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.

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