UN labor agency: Ukraine war, other crises take toll on jobs

Oct 30, 2022, 4:13 PM | Updated: Oct 31, 2022, 4:14 am

GENEVA (AP) — The U.N. labor agency warned Monday that job vacancies and employment growth are expected to decline worldwide in the fourth quarter as the war in Ukraine and “multiple and overlapping crises” have led to shrinking wages, higher debt and yawning inequality.

Gilbert Houngbo, the new director-general of the International Labor Organization, called on governments to intervene to help set prices for goods, redirect “windfall profits” and boost income support and social protections.

“Tackling this deeply worrying global employment situation, and preventing a significant labor market downturn, will require comprehensive, integrated and balanced policies both nationally and globally,” he said in a statement.

Houngbo said a quick end to the war in Ukraine “would further contribute to improving the global employment situation.”

ILO noted a rebound in global hours worked at the beginning of the year, particularly among women and workers in high-skill jobs, as the world economy recovered from punishment during the coronavirus pandemic.

The agency, which released the 10th edition of its monitoring report on the world of work on Monday, says the situation has deteriorated with the number of hours of work dropping by 1.5% — the equivalent to a “deficit” of some 40 million full-time jobs.

“The outlook for the labor market is currently highly uncertain, with growing downside risks, including the impacts of high inflation, tightening monetary policy, increasing debt burdens and declining consumer confidence,” the report said.

“While it normally takes time for an economic slowdown or a recession to result in job destruction and unemployment, available data suggests that a sharp labor market slowdown is already underway,” it added.

ILO estimates that more than 10% of Ukraine’s pre-war workforce – mostly women — are now in neighboring countries as refugees.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

FILE - Senior Pakistani journalist Arshad Sharif poses for photograph prior to recoding an episode ...
Associated Press

Report: Killing of Pakistani journalist in Kenya ‘planned’

ISLAMABAD (AP) — The killing in Kenya of an outspoken Pakistani journalist was a “planned assassination,” a team of Pakistani investigators said in a report released Wednesday, weeks after the mysterious slaying triggered condemnations and calls for an independent probe. Meanwhile, Islamabad police charged two Pakistani businessmen living in Kenya who had hosted Arshad Sharif […]
1 day ago
FILE - Juul products are displayed at a smoke shop in New York, on Dec. 20, 2018. Embattled vaping ...
Associated Press

Juul reaches settlements covering more than 5,000 cases

Juul Labs has reached settlements covering more than 5,000 cases brought by about 10,000 plaintiffs related to its vaping products. Financial terms of the settlement were not disclosed, but Juul said that it has secured an equity investment to fund it. Buffeted by lawsuits, Juul announced hundreds of layoffs last month and bankruptcy appeared increasingly […]
1 day ago
Associated Press

Editorial Roundup: United States

Excerpts from recent editorials in the United States and abroad: Dec. 5 The Washington Post on microchips, the U.S. and the future When President Biden visits a microchip factory under construction in Arizona, it might look like a political victory lap: The factory will bring $12 billion and thousands of jobs to an important swing […]
1 day ago
FILE - Local residents gather near a generator to charge their mobile devices in an area controlled...
Associated Press

Donors race to get generators, other aid to hard-hit Ukraine

KYIV, Ukraine (AP) — When Russian forces launched a military campaign against infrastructure in Ukraine nearly two months ago, they opened a front that carried the war along power lines, water mains and heating systems to homes, schools, offices and churches. The government in Kyiv and the Western countries that have backed it with billions […]
1 day ago
FILE - A Boeing 747-8, Boeing's new passenger plane, takes its first flight, Sunday, March 20, 2011...
Associated Press

Boeing’s last 747 to roll out of Washington state factory

After more than half a century, Boeing is set to roll its last 747 out of a Washington state factory on Tuesday.
1 day ago
Associated Press

Co-buying a house: How platonic partners make it work

Seven years ago, Phil Levin and his girlfriend, Kristen Berman, pondered a common question: Should we move in together? Levin assumed they’d take a predictable path and find a more affordable apartment outside of pricey San Francisco. But Berman, a behavioral scientist, shared her reservations about leaving their friend network – and some facts to […]
1 day ago

Sponsored Articles

Comcast Ready for Business Fund...
Ilona Lohrey | President and CEO, GSBA

GSBA is closing the disparity gap with Ready for Business Fund

GSBA, Comcast, and other partners are working to address disparities in access to financial resources with the Ready for Business fund.
SHIBA WA...

Medicare open enrollment is here and SHIBA can help!

The SHIBA program – part of the Office of the Insurance Commissioner – is ready to help with your Medicare open enrollment decisions.
Lake Washington Windows...

Choosing Best Windows for Your Home

Lake Washington Windows and Doors is a local window dealer offering the exclusive Leak Armor installation.
Anacortes Christmas Tree...

Come one, come all! Food, Drink, and Coastal Christmas – Anacortes has it all!

Come celebrate Anacortes’ 11th annual Bier on the Pier! Bier on the Pier takes place on October 7th and 8th and features local ciders, food trucks and live music - not to mention the beautiful views of the Guemes Channel and backdrop of downtown Anacortes.
Swedish Cyberknife Treatment...

The revolutionary treatment of Swedish CyberKnife provides better quality of life for majority of patients

There are a wide variety of treatments options available for men with prostate cancer. One of the most technologically advanced treatment options in the Pacific Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform at Swedish Medical Center.
Work at Zum Services...

Seattle Public Schools announces three-year contract with Zum

Seattle Public Schools just announced a three-year contract with a brand-new company to the Pacific Northwest to assist with their student transportation: Zum.
UN labor agency: Ukraine war, other crises take toll on jobs