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

Global unemployment rate seen at 6.3% this year, 5.7% in 2022; uneven stimulus, vaccine access foster inequalities, says ILO

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 year, falling to 5.7 per cent next year but still up on the pre-pandemic rate of 5.4 per