No recovery in global jobs market from pandemic until at least 2023: ILO

Topics Global economy | Coronavirus | jobs

At least 220 million people are expected to remain unemployed globally this year, well above pre-pandemic levels, with a weak labour market recovery exacerbating existing inequalities, the International Labour Organization (ILO) said on Wednesday.   The United Nations agency forecast the outlook improving to 205 million unemployed next year — still well above the 187 million recorded in 2019 before the coronavirus crisis wreaked havoc.

  According to ILO models, that equates to a global unemployment rate of 6.3 per cent this.

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