Global unemployment to rise in 2024 amid labour market fragility, ILO report warns

The global labour market is facing a bleak outlook for 2024, as an extra two million workers are expected to join the ranks of the unemployed, according to a new report by the International Labour Organization (ILO).

The report, titled World Employment and Social Outlook Trends: 2024 (WESO Trends), projects that the global unemployment rate will increase from 5.1 per cent in 2023 to 5.2 per…

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