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World Employment and Social Outlook: Trends 2024
January 14 , 2024
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- The International Labour Organisations has projected the global unemployment rate a tad higher at 5.2% in 2024 compared to 5.1% in 2023.
- The jobs gap rate in 2023 was 8.2%t in high-income countries while it stood at 20.5% in the low-income group.
- Similarly, while the 2023 unemployment rate persisted at 4.5% in high-income countries, it was 5.7% in low-income countries.
- In 2023, the numbers of workers living in extreme poverty (earning less than US$2.15 per day per person in purchasing power parity (PPP) terms) grew by about one million globally.
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