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The crisis caused by the coronavirus disease (COVID-19) pandemic had severe repercussions on the region’s economy and labour markets in 2020. The year ended with a 7.1% decline in GDP, which translated into a sharp drop in employment and an increase in the unemployment rate, to 10.5%. Unlike...
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This report expresses the concern that progress towards the goal of the recovery of quality jobs could be at risk as a result of a new twist to the financial crisis, countries being pushed into stringent fiscal policies; it discusses its consequences for the world of work and for the ILO,...
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