World Employment and Social Outlook: Trends 2023

World Employment and Social Outlook: Trends 2023

The International Labor Organization (ILO) published a new working report on social employment in 2023.

According to the authors' forecasts, the growth of employment in the world this year. will average 1%, while the number of unemployed will increase by three million compared to 2022 to 208 million.

Thus, the global unemployment rate will be 5.8%.

Among the main reasons for the deterioration in the labor market are the growing geopolitical tensions in the world, the uneven recovery of the global economy due to the COVID-19 pandemic.

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