President Moon: "COVID-19 Widened Inequality... Solution Lies in Spirit of Coexistence, Solidarity, and Cooperation"

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] President Moon Jae-in on the 22nd stated that global inequality has expanded due to COVID-19 and called for solidarity and cooperation to resolve this issue.

In a video speech sent to the 'ILO Global Forum for People-Centered Recovery' held at the International Labour Organization (ILO) headquarters in Geneva, Switzerland, President Moon said, "Over the past two years, countries around the world have fought hard to protect jobs, but it was insufficient to fully overcome the job shock."

President Moon emphasized, "Especially vulnerable groups such as youth, women, temporary and daily workers, and small self-employed individuals have faced concentrated difficulties in employment, and income inequality in the market has widened. Many people have lost jobs or experienced reduced income, while the upper class has gained more opportunities for wealth."

He continued, "In advanced countries, the job situation is improving relatively quickly, but in developing countries with limited policy capacity, recovery is slow, widening the gap between countries."

President Moon stated that the solution to overcome this crisis must be found in "the spirit of inclusion, coexistence, solidarity, and cooperation pursued by the ILO," and added, "All countries and all people must unite and cooperate so that everyone can recover together."

This content was produced with the assistance of AI translation services.