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World Employment and Social Outlook: Trends 2024 Report

World Employment and Social Outlook: Trends 2024 Report mind map
Recent News
Global unemployment
Expected to rise in 2024
When
Report released in January 2024
Why
Economic conditions
Deteriorating
Inflation
Persistent
Productivity
Stagnant
What
Jobless rate
Over 5% globally
Additional job seekers
Two million expected
Inequality
Growing
Living standards
Eroded due to inflation
Where
Global impact
Who
ILO
International Labour Organization
Workers
Across the globe
How
Economic trends
Analyzed by ILO
Inflation and productivity
Examined
Significance
Awareness
Of global employment trends
Policy insights
Offered
Challenges
Job market
Uncertain
Living standards
Falling
Inequality
Increasing
Way Forward
Social justice
Need for greater
Economic recovery
Sustainable approach required

The “World Employment and Social Outlook: Trends 2024” report, released by the International Labour Organization (ILO) in January 2024, warns of a rise in global unemployment in the upcoming year. The report highlights that over 5% of the world’s workforce is currently jobless, with an expected increase of two million job seekers. It emphasizes the challenges posed by deteriorating economic conditions, persistent inflation, and stagnant productivity, leading to growing inequality and eroded living standards. The ILO underscores the need for policies promoting social justice and sustainable economic recovery.

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