The coronavirus pandemic has profoundly affected the world. More than 1.5 million people have lost their lives<\/strong>, businesses have been disrupted, and the livelihood of millions of people have been threatened.<\/p>\n According to the ILO Global Wage Report 2020-2<\/strong>1, around 345 million full-time jobs were lost in the third quarter of 2020<\/strong>. Vulnerable groups, including women and low-paid workers, are at the risk of falling into poverty and inequality. The impact on women has been worse than on men.<\/p>\n According to the study conducted in 28 European countries, the report estimated that without the payment of wage subsidies, workers would have lost 6.5% of their total wage bill between Q1 and Q2 of 2020. For women, it was estimated at 8.1%, compared to 5.4% for men.<\/p>\n The coronavirus pandemic has severely affected lower-paid workers, consequently increasing wage inequalities. The reduction in working hours has disproportionately affected lower-skilled workers than higher-paying managerial or professional workers.<\/p>\n