Home »Editorial »Daily News »World – Low-income countries in Africa and Arab region lag in global employment recovery, report findsDaily News View All NewsWorld – Low-income countries in Africa and Arab region lag in global employment recovery, report finds07 June 2023While global unemployment in 2023 is expected to fall to 191 million, below pre-pandemic levels, corresponding to a global unemployment rate of 5.3%, estimates show that low-income countries remain far behind in the recovery process, according to the International Labour Organisation’s Monitor on the World of Work. The ILO projects that low-income countries in Africa and the Arab region are unlikely to recover to pre-pandemic levels of unemployment this year. The jobs gap refers to all persons who would like to work but do not have a job. Low-income countries face the largest jobs gap rate at 21.5%, while the rate in middle-income countries stands slightly above 11%. In 2023, the global jobs gap is projected to stand at 453 million people (or 11.7%), more than double the level of unemployment.

Source: The North Africa Journal June 08, 2023 00:35 UTC