International Labor Organization news and trends

UN: 195 Million Jobs Will Be Lost To Coronavirus In 2Q
Economy // April 08, 2020

Being called the “worst crisis since World War II,” the coronavirus is set to wipe out 6.7 percent of working hours across the globe in the second quarter, or the equivalent to 195 million full-time workers’ full weeks, according to the United Nations, CNBC reported....

SMBs Account For One-Third Of Global Employment
B2B Payments // October 11, 2017

It’s a phrase said so often that it’s almost become a cliche for nations around the world: Small businesses are the backbone of their economies. Indeed, small and medium-sized businesses (SMBs) contribute significantly to the GDPs of their countries. In fact, in the U.S. alone, SMBs...

Quick Reads
Labor Secretary Marty Walsh: Some Gig Workers Are ‘Employees’

April 29, 2021
Gig workers should, at times, be classified as employees, entitled to sick time, healthcare, and paid time off, Reuters reported on Thursday (April 29), citing an exclusive interview with U.S. Labor Secretary Marty Walsh. President Joe Biden’s labor secretary — the former mayor of Boston (from 2014 to 2021) and president of Local 223 — […]

UN: 195 Million Jobs Will Be Lost To Coronavirus In 2Q

April 08, 2020
Being called the “worst crisis since World War II,” the coronavirus is set to wipe out 6.7 percent of working hours across the globe in the second quarter, or the...