Released by- International Labour Organisation
Publication- Annually
About- It details the impact of economic slowdown on the global labour market.
2023 report- It calls for a revaluation of the work of key workers to reflect their social contribution and greater investment in key sectors.
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Key highlights |
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Aspects |
Trend |
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Global unemployment rate |
5.1%, a modest improvement on 2022 |
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Global labour force participation rate |
It is expected to decline further in 2023, reaching 60.5% the lowest level since 1990. |
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Global labour income share |
It has fallen by 3.3% points since 2004 indicating worsening of income inequality |
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Number of workers in extreme or moderate poverty |
It is estimated to increase by 34 million in 2023, reversing the progress made in the past decade. |
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women workforce |
They account for 38% of all key workers globally, though they are the majority in health and retail. |
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We provide offline, online and recorded lectures in the same amount.
Every aspirant is unique and the mentoring is customised according to the strengths and weaknesses of the aspirant.
In every Lecture. Director Sir will provide conceptual understanding with around 800 Mindmaps.
We provide you the best and Comprehensive content which comes directly or indirectly in UPSC Exam.
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