Lost generation: under-30s may never recover from Covid career setbacks
Young people suffer the worst damage from lockdowns intended to save older people, world survey finds
More than one in six young people worldwide have lost their jobs due to the havoc wreaked by coronavirus, raising fears of a “lockdown generation” whose financial prospects are blighted for decades.
Under-30s have been hit particularly hard as the outbreak ravaged jobs in industries such as hospitality and insecure work in the so-called gig economy, the International Labour Organisation (ILO) warned. Young women are expected to have lost out the most.
Even those still in employment have suffered an average cut to their hours of almost one quarter. The figures highlight the scale of the sacrifice young people have been forced to make to combat an illness that mainly threatens older people...