Post
Topic
Board Economics
Re: Unemplyment at least 50% how world will look like then ?
by
macson
on 18/12/2023, 18:54:00 UTC
According to international labour organisation global youth unemployment reach 73 million in 2022. Wider economic risks such as accelerating inflation may come into play. Labour market prospect are uneven across the globe. Women have been worse hit by the labour market crisis than men. Unemployment is always a crisis irrespective of the region.

Quote
The International Labor Organization (ILO) projects that global unemployment will increase by around 3 million people to 208 million people in 2023 as a result of the world economic slowdown. Furthermore, global employment growth will reach only 1.0 percent in 2023, less than half the rate in 2022.

It seems that the increase in unemployment continues to increase every year, there are many factors that cause this, including more and more productive age people who have graduated from school, old people being replaced by young workers and layoffs and many other reasons and what you said is it is true that women contribute to the highest unemployment rate even today, this is all because there are still many views about gender differences and women are rarely able to work in the manual labor sector.