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Global Jobs Growth To Halve In 2023, Inflation To Eat Into Real Wages: UN Body

The global jobs forecast is lower than the previous ILO estimate of 1.5% growth. (File)
The global jobs forecast is lower than the previous ILO estimate of 1.5% growth. (File)
Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of the war in Ukraine, high inflation and tighter monetary policy, the International Labour Organization (ILO) said on Monday.
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