The report highlights the grim economic toll of Russia’s aggression and the challenges that lie ahead for Ukraine and other nations.
Russia’s war has caused colossal losses in employment and income for Ukrainians, destroying nearly a third of all jobs in the country and threatening the loss of millions more if the conflict continues, the United Nations’ labor organization said on Wednesday. Economic upheaval, coupled with a huge outflow of refugees and large-scale internal displacement, has wiped out 4.8 million jobs in Ukraine since Russia’s aggression began, the agency, the International Labor Organization, said in its first report on the economic consequences of the invasion. Should the military escalation continue, over 43 percent of jobs — about seven million — could be lost, it added. The report underscored the grim economic toll of Russia’s aggression and the challenges that lie ahead for Ukraine, neighboring countries and the global economy in the event that the war widens into a protracted crisis.
