A recent study found that the global unemployment rate stood at 5.7% in August 2021, with approximately 197 million people unemployed worldwide. The COVID-19 pandemic has significantly impacted job markets, causing a rise in unemployment rates across various countries. Developed economies were hit the hardest, with youth unemployment rates reaching as high as 13.6%. The report also highlighted the disparities in employment recovery between genders, as women faced a slower return to the workforce compared to men. Experts warn that long-term unemployment can have detrimental effects on individuals and economies, urging governments to implement effective job creation and support measures.