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Number of unemployed people globally to rise by 3 million in 2023: ILO
short by Ashley Paul / on Monday, 16 January, 2023
International Labour Organization (ILO) on Monday said the number of unemployed people in the world is expected to rise by three million to 208 million in 2023. Meanwhile, the global employment growth is expected to slow down from 2% in 2022 to 1% in 2023. "We don't expect losses incurred during COVID-19 crisis to be recovered before 2025," ILO said.
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