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International Business Times
International Business Times
World
AFP News

Global Unemployment Set To Worsen In 2024: UN

An extra two million workers are expected to be looking for jobs this year, according to the International Labour Organization (Credit: AFP)

The global unemployment rate will increase slightly in 2024, the United Nations said Wednesday as it raised concerns about stagnant productivity, worsening inequalities and inflation biting into disposable income.

The UN's labour agency said the economic recovery from the Covid-19 pandemic has slowed down, with ongoing geopolitical tensions and persistent inflation triggering aggressive moves by central banks.

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