The COVID-19 pandemic is ravaging labour markets around the world. Global trends such as globalisation, demographic shifts, climate change and technology have already brought profound shifts to the world of work,?and?the pandemic has accelerated changes.?
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The COVID-19 pandemic is causing labour market ravages in all regions, some of those trends are accelerating, thereby generating new challenges and opportunities for job creation. While advanced economies are responding promptly and stand ready to invest to take benefit from the spread of remote working arrangements, increasing automation and the reshuffling of global value chains, LDCs struggle to overcome deep rooted and pre-existing decent work deficits.
