Every month, the UN trade and development agency (UNCTAD) provides an update on what’s happening in the world of global trade. In March, the focus was on tariffs, and the report revealed that, whilst global trade reached a record $33 trillion last year, the outlook for 2025 remains uncertain, with...
In its new Monitor on the World of Work report, ILO shows that while in high-income countries, only 8.2 per cent of people willing to work are jobless, that number rises to over 21 per cent in low-income countries – or one in every five people. Low-income countries in debt...
Hundreds of thousands of workers in both countries have lost their livelihoods because of the earthquakes, preliminary findings showed in the new ILO assessments of the disaster’s impact on the labour market. “Employment promotion is central to a successful and inclusive response to this disaster,” said ILO Director-General Gilbert Houngbo....