Updated at 11:03 a.m. ET The COVID-19 pandemic is taking a terrible toll on the world's economy, with full or partial lockdown measures now affecting the livelihood of almost 2.7 billion people — more than 4 out of 5 workers in the global workforce of 3.3 billion, according to the International Labour Organization. The deadly coronavirus has put health care systems under intense stress and delivered "unprecedented shocks to economies and labor markets," leading the ILO to declare in its report on COVID-19 , "it is the worst global crisis since the Second World War." "Workers and businesses are facing catastrophe, in both developed and developing economies," ILO Director-General Guy Ryder said as the agency released the report Tuesday. "We have to...
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4 Of 5 Workers Are Affected By COVID-19 Worldwide, U.N. Agency Says