That unevenness is already apparent: Global poverty could take 14 times longer to return to pre-pandemic levels than the recovery of the world’s wealthiest, according to Oxfam. ADADLast year, 8.8 percent of global working hours were lost, according to the report by the ILO, a U.N. agency. It found “unprecedented disruption” among global labor markets, and that women and young people have felt the worst impact. ADADAuthors of the report said the pandemic could trigger a simultaneous rise in inequality nearly everywhere, for the first time since records began. “The virus has exposed, fed off and increased existing inequalities of wealth, gender and race,” the report said.

Source: Washington Post January 25, 2021 17:12 UTC