June 1, 2023 | less than a minute read

Global divide regarding employment is increasing! Gap between poor and rich countries is widening.

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Mark Temme

Global Business Development Manager

Get in touch

Mark Temme

Global Business Development Manager

ILO published a report a few days ago, that the various global crises increased the gap between low income and high income countries.

The average global unemployment in 2023 is moving towards the level before the pandemic, however the recovery in the low income countries is really slow or non-existent.

It is critically important to financially support the countries with high depts otherwise they will not be able to achieve a turnaround and improve the situation.

#unemployment #inequality #lowincome #debt

The findings of this report are a stark reminder of growing global inequalities. Investing in people through jobs and social protection will help narrow the gap between rich and poor nations and people.