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Workers lost $3.7 trillion in earnings during the pandemic. Women and Gen Z saw the biggest losses.

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Summary List Placement

Workers around the world cumulatively lost $3.7 trillion in earnings during the coronavirus pandemic — an 8.3% decline — according to a new report from the International Labour Organization (ILO).

American workers saw the largest losses in earnings, a 10.3% decline. 

Globally, 8.8% of working hours were lost, and 114 million people experienced employment loss — what the report called an “unprecedented” level. 

An uneven loss

Women have been harder hit by the pandemic’s effect on employment. In December, the US lost 140,000 jobs — all of which were held by women. 

Now, the ILO finds that women details ⇒

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