The latest ILO report on the repercussions of the epidemic on employment, released on 7 April, also predicts that 6.7 percent of working hours will disappear in the second quarter of 2020, worldwide. These hours are equivalent to 195 million full-time workers (out of 3.3 billion worldwide).

This reduction in working hours will be highest in the Arab States (8.1 percent, five million workers), in Europe (7.8 percent, 12 million workers) and in Asia and the Pacific (7.2 percent , 125 million workers).

The ILO also identifies the sectors of activity most exposed to risk: accommodation and catering, manufacturing, trade and commercial and administrative activities.

This ILO update (which released a first report on 18 March) estimates that 38 percent of the global workforce (1.25 billion workers) is employed in the most at-risk sectors, with "drastic and devastating" increases already redundancies and reduced wages and hours worked.

The proportion of workers in those sectors varies between 43.2 percent in the Americas and 26.4 percent in Asia and the Pacific, with Europe registering a rate of 42.1 percent.

Other regions are concerned with the lack of protection of informal work, which involves two billion people, mostly in developing countries and emerging economies, and in particular in Africa.

Although the increase in world unemployment in 2020 depends, considerably, on the “political measures that may be adopted”, the ILO recognizes, from now on, the “high risk” that the estimate pointed out for this year to be “significantly higher” than the initial forecast, which pointed to 25 million unemployed.

"The covid-19 pandemic has a catastrophic effect on working time and income, worldwide," summarizes the ILO, recognizing that its impact outweighs the effects of the 2008-2009 financial crisis.

The ILO speaks of the “worst world crisis since World War II”.

All income levels will suffer "huge losses", but the ILO estimates that the biggest impact will be on medium-high incomes.

Workers who continue to work in public services, especially health professionals, are exposed to “significant health and economic risks” attests to the ILO, recognizing that, in the health sector, the impact “disproportionately affects women”.

In view of the current situation, “it is necessary to adopt integrated and large-scale political measures, centred on four pillars: supporting business, employment and income; stimulate the economy and employment; protect workers in the workplace; and use social dialogue between governments, workers and employers to find solutions”, recommends the ILO.

"Workers and companies face a catastrophe, both in developed and developing economies," said ILO Director-General Guy Ryder, quoted in the statement.

“We have to act quickly, with decision and coordination. The right and urgent measures can make the difference between survival and collapse,” he said, considering that “this is the biggest test of international cooperation in more than 75 years”.

Guy Ryder believes that "the right measures" could limit the impact of the crisis "and the wounds it will leave", and defends that the new work systems that arise must be "safer, more just and more sustainable".