"Workers and businesses are facing catastrophe, in both developed and developing economies," said Guy Ryder director general of the International Labour Organization (ILO), an agency of the United Nations.
The outbreak is expected to wipe out 6.7% of working hours across the world during the second quarter of 2020. That is the equivalent of 195 million full-time workers losing their jobs.
Americas and Europe likely to be hit hardest
Agriculture, retail and manufacturing sectors likely to be hit hardest