Global job growth will not recover to pre-pandemic levels until 2023 according to a report published by the UN's International Labor Organization (ILO) on Wednesday. The World Economic and Social Outlook report for 2021 projects that at least 220 million people were expected to be left unemployed this year, with only a slight improvement predicted for next year.
More than 470 million people worldwide are currently unemployed or underemployed, the UN said on Monday, warning that a lack of access to decent jobs was contributing to social unrest. The global unemployment rate has remained relatively stable over much of the past decade, according to the UN's International Labour Organization.