The global unemployment rate is expected to fall slightly to 4.9% this year from 5.0% in 2023, even as inequalities in labour markets persist, the International Labour Organization (ILO) said on ...

Global unemployment is set to fall slightly this year, a United Nations agency said Wednesday, reversing its previous prediction of a rise while warning of "slow progress" on tackling inequalities.

ILO’s 2024 World Employment and Social Outlook report forecasts the number of unemployed people will rise by 2 million, lifting the global unemployment rate to 5.2 percent from 5.1 percent in 2023.

Global Youth Unemployment in Decline and Seen Falling Further, ... and it forecast that proportion would decrease further over the following two years to sit at 12.8% in 2024 and 2025. ...

The current global unemployment rate of 5% is the lowest in an ILO data series going back to 1991 and is projected to tick lower again in 2026 to 4.9%, the ILO said.

Youth unemployment worldwide last year dipped to a 15-year-low and is likely to continue falling through 2025, although weaker growth means Asia has lagged ...

Geneva — Global youth unemployment rates fell to 13% in 2023, a 15-year low. But a new study by the International Labor Organization warns the post-COVID economic recovery is uneven, with some ...