'Sharp' global labour market slowdown underway: UN

GENEVA, Switzerland —

The UN agency warned that multiple, overlapping crises, compounded by Russia’s war in Ukraine, were piling up with the world still in the grips of the Covid-19 pandemic. ILO said this uptick was especially apparent in high-skilled occupations — but cautioned that it was also driven by a surge in informal jobs, where social protections are generally lacking.

A recent survey found around a quarter of Ukrainian refugees had found waged work or self-employment in their host countries, ILO said.Monday’s report called for in-depth social dialogue to create the policies needed to counter labour market downturns.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks rally wobbles as Fed hike draws nearAsian stock markets wobbled higher as hopes waned that the U.S. Federal Reserve might take a less aggressive approach on rate hikes, while wheat leapt on Russia’s withdrawal from a pact allowing Ukrainian grain to transit the Black Sea. | Reuters
Source: inquirerdotnet - 🏆 3. / 86 Read more »