Myanmar has 1.1 million fewer jobs after coup, COVID: ILO | Business and Economy

The standard of jobs has additionally deteriorated, with extra irregular hours and decrease pay, Worldwide Labour Group says.

Myanmar has multiple million fewer jobs than it did earlier than the dual shocks of COVID-19 and final yr’s navy coup, in accordance with new United Nations estimates.

Some 1.1 million fewer women and men are employed than in 2020, the Worldwide Labour Group (ILO) stated on Monday, after releasing new estimates assessing the influence of the pandemic and the February 2021 coup that toppled the democratically-elected authorities.

The standard of jobs deteriorated, too, with staff in key sectors such because the garment business going through extra informal work, irregular working hours and decrease pay, the ILO stated.

Labour productiveness additionally declined through the first half of 2022, in accordance with the UN company, contracting an extra 2 p.c after an 8 p.c contraction the earlier yr.

The job figures nonetheless mark an enchancment on the ILO’s final estimate in January, when the labour company discovered that the nation had misplaced 1.6 million jobs in 2021.

“Eighteen months on from the navy takeover, the employment state of affairs in Myanmar stays very troublesome,” ILO Myanmar Liaison Officer Donglin Li stated.

“Whereas there are restricted indicators of job progress, the continued erosion of labour circumstances and the lower in job high quality is deeply regarding.”

Myanmar has been racked by instability and violence since Senior Normal Min Aung Hlaing seized energy from Nobel laureate Aung San Suu Kyi’s democratically-elected authorities.

The World Financial institution has predicted the Southeast Asian [nation’s?] economic system to develop 3 p.c this yr, after shrinking 18 p.c in 2021.

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