In a fresh study, the UN's International Labour Organisation (ILO) found that a full 8.8 per cent of global working hours were lost in 2020, compared to the fourth quarter of 2019.
The number of people claiming jobless benefits stood at 2.7 million in August, up almost 121 per cent since March when Britain went into lockdown over the virus.
The aerospace giant suffered a $2.4 billion second-quarter loss, reflecting the hit from much lower commercial plane deliveries as airlines suspend purchases due to falling consumer demand.
The group, which had posted a year-earlier net profit of €806 million, also unveiled plans for a capital increase of up to €2.75 billion in a results statement, as it seeks to navigate fallout from the deadly COVID-19 crisis.
Emirates Group has recently announced its 32nd consecutive year of profit, against a drop in revenue mainly attributed to reduced operations during the planned DXB runway closure in the first quarter, and the impact of flight and travel restrictions due to the COVID-19 pandemic in the fourth quarter.
Some intensive care specialists are trying to hire more permanent staff. Others want to create a reservist "army" of medical professionals ready to be deployed wherever needed to work in wards with seriously ill patients.
The observation by the International Labour Organization (ILO) that more than one in six young people have stopped working since the onset of the COVID-19 pandemic while those who remain employed have seen their working hours cut by 23 per cent comes a shocking revelation and needs to be addressed earnestly.
Lahore has reported the highest number of cases at 84, followed by Rawalpindi and Islamabad with 24, Quetta 17, Peshawar 12, Karachi nine, Sukkur six, Multan five and Gujranwala and Hyderabad two each.
Thailand has long paraded low unemployment as a symbol of its economic success. But millions like the Noidee family rely on informal work or day wages for survival, jobs imperilled by a feared 6-7 percent contraction in the economy.
Lufthansa's biggest shareholder, German billionaire Heinz Hermann Thiele, criticised the 9 billion euro ($10.1 billion) bailout, saying he had raised his stake in Lufthansa to over 15% and hoped alternative options could be explored.