Global employment won’t recover before 2023: UN labour body
Al JazeeraJUL 2022
Increased globalization and interdependence between nations has caused poorer countries to disproportionately bear the brunt of global crises. While wealthier nations aren’t immune to the economic issues brought on by pandemics and war, they are much better equipped to weather them. As the international community looks to solve global economic inequality, it should focus on promoting economic independence for and reform in developing nations.
The UN and ILO are deeply committed to helping developing nations close the jobs gap, as well as to bridging the broader economic gap between rich and poor countries. While a return to pre-pandemic levels of unemployment rates seem unlikely in 2023, coordinated social protection and programs to promote equality will help advance developing nations and bring long term economic viability and success. Poorer countries cannot be expected to address these issues on their own.