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No recovery in global jobs market from pandemic until at least 2023: ILO

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GENEVA : At least 220 million people are expected to remain unemployed globally this year, well above pre-pandemic levels, with a weak labour market recovery exacerbating existing inequalities, the International Labour Organization (ILO) said on Wednesday.The United Nations agency forecast the outlook improving to 205 million unemployed next year - still well above the 187 million recorded in 2019 before the coronavirus crisis wreaked havoc.According to ILO models, that equates to a global unemployment rate of 6.3% this year, falling to 5.7% next year but still up on the pre-pandemic rate of 5.4% in 2019."Employment growth will be insufficient to make up for the losses suffered until at least 2023," the ILO said in a report, World.

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