Markets.News
A recent study revealed that the global unemployment rate decreased by 0.2% to 5.5% in the last quarter, marking 3.5 million fewer unemployed individuals. However, youth unemployment saw a slight increase to 13.3%, with 71 million young people jobless. The report also highlighted disparities between regions, with Europe experiencing the highest jobless rate at 7.6%, while Asia-Pacific had the lowest at 4.2%. The findings underscore the ongoing challenges in the job market despite the overall decrease in global unemployment.