COVID-19 pandemic destroyed 22M jobs and many aren’t coming back: OECD

Around 22 million jobs were lost in 2020 due to the COVID-19 pandemic across the 37 member countries that are part of the Organization for Economic Cooperation and Development, the group said in its annual employment outlook report.

Of the 22 million jobs lost in 2020 across the OECD, 8 million are workers who are considered unemployed and 14 million are “not actively looking for a job.” “Many of the jobs that have been lost during this pandemic crisis will not be recovered,” Stephane Carcillo, head of the OECD’s jobs and income division, said Wednesday at a virtual briefing on the data.