Unemployment seen rising modestly in 2024: ILO

The global unemployment rate is expected to inch up to 5.2% this year primarily because of a rise in joblessness in advanced economies, the International Labour Organization (ILO) said on Wednesday.

ILO’s 2024 World Employment and Social Outlook report forecasts the number of unemployed people will rise by 2 million, lifting the global unemployment rate to 5.2% from 5.1% in 2023.

“We are…

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News Source: arynews.tv