World Employment and Social Outlook: Trends 2025

On 10th January 2025, International Labour Organisation’s (ILO) released its “World Employment and Social Outlook (WESO): Trends 2025” report.

Major Highlights

  • Global Unemployment: The global unemployment rate remained steady at 5% in 2024, with youth unemployment notably high at 12.6%.
  • Youth Unemployment: Highest in upper-middle-income countries at 16%, and lower in low-income countries at 8%, often due to underemployment and informal work.
  • Challenges in Low-Income Countries: Low-income countries struggle to generate decent jobs, and informal employment has returned to pre-pandemic levels.
  • Economic Growth Trends: Economic growth for 2024 was recorded at 3.2%, slightly down from 3.3% in 2023 and 3.6% in 2022.
  • Global Jobs ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy March 2025 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content