Markets.News
A recent report reveals that the global unemployment rate has risen to 6.7%, affecting approximately 198 million people worldwide. The highest increase was seen in low and middle-income countries, with the youth population being hit the hardest. The report also highlights the unequal impact on women, who are more likely to lose their jobs during the pandemic. Additionally, the data shows a significant decrease in working hours, equivalent to 255 million full-time jobs. These findings underscore the urgent need for targeted interventions to address the growing unemployment crisis on a global scale.