Employment problems in Uzbekistan in covid-19 pandemic

The article analyzes the impact of COVID-19 pandemic on employment and income of population.  State anti-crisis policy is considered on the example of the Republic of Uzbekistan, which provides for macroeconomic and monetary regulation of national economy, direct financial support for enterprises and entrepreneurs, credit breaks and holidays for legal entities and individuals, organization of public works and charitable events for the unemployed.

SUMMARY

The COVID-19 pandemic has plunged the world into the most serious humanitarian, economic and social crisis of our time. It has had a particularly devastating impact on the sphere of labor, causing tremendous human suffering and exposing the extreme vulnerability of many millions of workers and businesses. According to the latest estimates of the International Labor Organization (ILO), working hours worldwide in second quarter of this year decreased by 10.7% after massive closures of factories around the world in the condition of the COVID-19 pandemic. It means a loss of 305 million jobs based on 48-hour workweek.

The activities of large and small enterprises have been suspended, working hours have been reduced, and personnel are being dismissed. The closure of shopping centers and restaurants, the cancellation of flights and hotel reservations, transition of businesses to remote work puts many of them into collapse. At the same time, the first to lose their jobs were those for whom it was not stable anyway: salespeople, waiters, kitchen staff, loaders, cleaners.

The latest figures of the International Labor Organization (ILO) show that devastating impact of the COVID-19 pandemic is destroying incomes of people who work in informal economy and hundreds of millions of businesses. The workers of shadow sector were the first to be hit. There are 1.6 billion of them - almost half of the world's workforce.