Asia Pacific Sees 81 Million Jobs Lost Amid Pandemic: ILO

The video discusses the economic impact of the COVID-19 crisis on the Asia Pacific region, highlighting job losses and reduced working hours. It examines government responses, noting uneven stimulus distribution favoring advanced economies. The video also explores vulnerabilities in Asia, particularly among informal workers, women, and youth. Despite challenges, positive outcomes include increased focus on social protection and potential long-term changes in labor policies.

How have governments responded to the crisis in terms of fiscal measures?

What is the estimated increase in working poverty in the Asia Pacific region due to the crisis?

What long-term changes are anticipated in labor market policies as a result of the crisis?