======World employment and social outlook : trends 2024======
The report assesses global labor market trends, highlighting resilience amid economic challenges, with a focus on employment growth, decent work deficits, and projections for 2024 and 2025.  \\ 
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^  Quick Facts  ^^
|Report location:  |[[https://digitallibrary.un.org/record/4032908/files/1393479_EN.pdf|source]]   |
|Language:  |English  |
|Publisher:  |[[encyclopedia:int_ilo_international_labour_organization|International Labour Organization]]  |
|Publication date:  |2024  |
|Authors:  |Ekkehard Ernst,  Lisa Feist,  Miguel Sanchez Martinez,  Pascal Kampert,  Richard Horne,  Steven Tobin, Gilbert F. Houngbo  |
|Time horizon:  |2024    |
|Geographic focus:  |Global   |

=====Methods=====
The research method involved collecting and evaluating labor market data from various countries, estimating historical values of indicators, and forecasting future trends using statistical models.  \\ 
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(Generated with the help of GPT-4) \\

=====Key Insights=====
The report provides a detailed analysis of labor market trends and social outcomes in 2023, emphasizing the resilience of global employment despite economic slowdowns. It notes that global unemployment has decreased to its lowest level since the pandemic, and labor force participation has rebounded in most regions. However, the report also highlights emerging fragility in working conditions, exacerbated by a cost-of-living crisis driven by rising energy and food prices. Projections for 2024 indicate a potential decline in employment growth, while unemployment rates are expected to remain stable. The report underscores persistent decent work deficits, including gender participation gaps, working poverty, and informality, which were prevalent before the pandemic and continue to affect various worker groups. It analyzes regional differences and the impact of labor imbalances on economic recovery, offering insights into the challenges faced by policymakers in addressing these issues. The report concludes with a call for coordinated efforts to improve labor market conditions and promote social justice.  \\ 
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=====Additional Viewpoints=====
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~~DISCUSSION~~