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What are the key factors causing the slow global labor market recovery as mentioned in the ILO report

Discuss the global labor market recovery trends and the exceptional situation of India as highlighted in an ILO report.
ilo-report
india
global
Key factors causing the slow global labor market recovery, as mentioned in the ILO report, include:
  • Uneven vaccine distribution leading to slow reopening of economies
  • Lingering impact of lockdowns causing disruptions in supply chains and demand
  • Job losses in sectors hit hardest by the pandemic, such as tourism and hospitality
  • Shift towards automation and digitalization reducing demand for labor
  • Unequal access to remote work opportunities widening inequality
Global labor market recovery trends indicate a slow and uneven recovery with disparities across regions and sectors. India faces an exceptional situation with challenges like high informal sector employment, large-scale migration, and occupational health risks exacerbating the recovery process.
Answered 3 months ago
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