A UN assessment issued on Monday suggested that Pakistan will continue to be a lower-middle-income nation and would be susceptible to changes in energy costs. - Advertisement -According to UN research, the ongoing global economic crisis will make it more difficult to acquire suitable work in 2023 than it was in 2022. South Asia has not been impacted by the conflict in Ukraine since it has limited relationships with Russia and the country. According to the International Labor Organization’s (ILO) World Employment and Social Outlook Trends report, this equates to a global unemployment rate of 5.8% or 16 million people. The research suggested that the current economic downturn “means that many people will have to take inferior quality positions, often at very low pay, and often with insufficient hours.”
