UN's ILO predicts global unemployment to fall to 4.9% in 2024, reversing earlier forecast of 5.2%.

The UN's International Labour Organization (ILO) predicts global unemployment to fall slightly to 4.9% in 2024, reversing its earlier forecast of a rise to 5.2%. The report highlights ongoing labour market inequalities, with women in low-income countries particularly affected. It notes that 183 million people meet the definition of unemployed, while the number of people without a job but wanting to work is 402 million.

May 29, 2024
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