TagMutually reinforcing

Crisis Convergence: Deepening Global Employment Divide Amplified by Interconnected Challenges

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A new ILO report says that mutually reinforcing concerns, including rising debt levels, disproportionately affect developing countries, deepening the global employment divide between high-income and low-income countries and widening existing inequalities exacerbated by the COVID-19 pandemic. While global unemployment in 2023 is expected to fall below pre-pandemic levels – to 191 million...

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