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Job Loss May Take a Big Leap in 2024. See what you need to do

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Temi Ajibola

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Jun 22, 2023
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Every day, in Nigeria, one or more people are looking for a job that can help them settle their bills and most importantly, live a good life.

However, the International Labour Organization has revealed that about 2 million people working currently may lose their jobs in 2024 and this means that the global employment rate will move from 5.1% to 5.2%.

According to the recent report "World Employment and Social Outlook: Trends 2024" by the ILO, unemployment and the gap in job availability have decreased compared to before the pandemic. The report predicts a global increase in unemployment for 2024, pointing out worries about rising inequalities and unchanging productivity. The global unemployment rate has seen a continuous decline over the last three years, going from 6.9% in 2019 to 5.1% in 2023.

Continue reading: https://hubforjobs.com/job-loss-may-take-a-big-leap-in-2024-see-what-you-need-to-do