May 07, 2024 05:37 (IST)
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Global jobs market set to deteriorate amid Ukraine war shocks: ILO

Global jobs market set to deteriorate amid Ukraine war shocks: ILO

New York: The outlook for global labour markets has worsened in recent months and if current trends continue, vacancies will grow more scarce while global jobs growth will deteriorate significantly during the rest of the year, according to a new report by the International Labour Organization (ILO).

Global jobs market recovery ‘has gone into reverse’, warns UN labour agency

Global jobs market recovery ‘has gone into reverse’, warns UN labour agency

New York: The recovery of the global jobs market is going into reverse, the UN labour agency, ILO, said on Monday, blaming COVID-19 and “other multiple crises” that have increased inequalities within and between countries.