ILO: More than 100 million workers plunged into poverty since the start of the pandemic
June 2, 2021, 4:40 pm

ILO: More than 100 million workers plunged into poverty since the start of the pandemic

Covid's impact on workers

the UN’s International Labour Organization (ILO) warned in their publication entitled ‘World Employment and Social Outlook: Trends 2021’ released on Wednesday, that more than 100 million workers have been plunged into poverty since the start of the pandemic, with access to good quality jobs drying up and working hours decreasing.

The ILO suggested that the global labor market would not return to normal until 2023, with there being 75 million fewer jobs at the end of 2021 than there were at the beginning of the pandemic.

Covid-19 “has not just been a public health crisis, it's also been an employment and human crisis,” ILO chief Guy Ryder told reporters.

Ryder argued that the effects of the pandemic could hang over the global economy for years “in the form of lost human and economic potential, and higher poverty and inequality.”

The report adds that despite rosy outlooks for economic growth in 2021, it is likely that growth would be highly uneven, noting that 75% of Covid-19 shots so far have been administered in just 10 countries.

The ILO added that the limited capacity of governments in under-developed nations to lead much-needed inventions to enhance job creation is likely to prolong the impact of Covid-19.

Source: RT

Image Source: REUTERS-RT

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”