Tag: unemployment
Global unemployment to increase in 2024, warns ILO report
Just over five per cent of the world’s workforce is without a job, according to the International Labour Organization’s World Employment and Social Outlook Trends 2024 report. This is a better situation than before the pandemic, but it isn’t set to last, as an extra two million people are expected to be looking for a job…
Read MoreArab region registers world’s highest unemployment rate, UN survey finds
However, the Survey of Economic and Social Developments in the Arab Region, published by the UN Economic and Social Commission for Western Asia (ESCWA) projects post-COVID-19 economic recovery efforts to prompt a very slight decrease next year – to 11.7 per cent. Mounting poverty Meanwhile, poverty measured against national lines also surged, affecting 130 million…
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