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Can anybody help me out According to an ILO Quarterly ugate on the global labor market. workplace closures and job losses due to the COVlD-19

Can anybody help me out

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According to an ILO Quarterly ugate on the global labor market. workplace closures and job losses due to the COVlD-19 pandemic in 2020 has led to a loss of 8.8 percent of global working-hours, which is equivalent to the loss of 255 million full-time jobs.2 3. Explain the effects of this loss in labor-hour on the global output/GDP in 2020, with the aid of a potential GDP and labor market diagram. The same update goes on to say that the global labor income in 2020 declined by 8.3 percent, equivalent to U553.)I trillion. b. Can you explain why the loss in labor income (8.3 percent) was lower than the loss in labor working-hours (8.8 percent)? Use diagrams to support your argument. (Hint: think of labor productivity) Improvements in total factor productivity (TFP) - iflt helps, think of TFP this as technological advancement - are also expected to suffer because of the pandemic. Acoording to a NBER working m COVID-IQ has lowered the TFP in the UK private sector by up to 5 percent.' c. Describe the effect of this fall in TFP on the UK outputJGDP with the help of a diagram

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