Question

Which of the following statements is/are correct in regards to the World Employment and Social Outlook report 2023?

  1. global employment growth to be only 1% in 2023
  2. addition of around 3 million jobs to 208 million

A 1 only Correct Answer Incorrect Answer
B 2 only Correct Answer Incorrect Answer
C Both 1 & 2 Correct Answer Incorrect Answer
D None of the above Correct Answer Incorrect Answer

Solution

The International Labour Organisation's World Employment and Social Outlook projects the global employment growth to be only 1% in 2023, less than half the level in 2022. This would lead to an addition of around 3 million jobs to 208 million. The global unemployment rate has been pegged at 5.8%.

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