ILO Report: Global unemployment level in 2022 projected at 207 | Daily Gk
ILO Report: Global unemployment level in 2022 projected at 207 million
In 2022 around 40 million people will no longer be participating in the global labour force.
ILO states that there can be no real recovery from this pandemic without a broad-based labour market recovery.
The International labour organisation (ILO) has released its world employment and social outlook- Trends 2022(WESO trends) report.The report analyses comprehensive labour market projections for 2022 and 2023 and assesses how labour market recovery has unfolded worldwide . In the WESO 2022 ,ILO has downgraded it's forecast for Labour Market recovery in 2022.
Important takeaways
International Labour Organisation Headquarters: Geneva, Switzerland;
International Labour Organisation Director-General: Guy Ryder;
International bour Organisation Founder: Paris Peace Conference;
International Labour Organisation Founded: 1919.
