ILO pegs global unemployment rate at 5.2 per cent in 2024
The International Labour Organization (ILO) has projected a global unemployment rate of 5.2% in 2024, slightly higher than the 5.1% in 2023. The World Employment and Social Outlook Trends: 2024 report notes that working poverty will persist, and income inequality will widen, emphasizing the need for greater social justice for a sustainable recovery.
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