The global unemployment rate has remained relatively stable over much of the past decade, according to the UN’s International Labour Organisation.
The number of people unemployed around the world stands at some 188 million. In addition, 165 million people don’t have enough paid work, and 120 million have either given up actively searching for work or otherwise lack access to the labour market.
It also found a further 119 million had either given up actively searching for work or lacked access to the jobs market because of their personal situations. Alongside those officially classified as unemployed, about 473 million people across the planet are affected.
“For millions of ordinary people, it’s increasingly diﬃcult to build better lives through work”, said ILO Director-General Guy Ryder. “Persisting and substantial work-related inequalities and exclusion are preventing them from ﬁnding decent work and better futures. That’s an extremely serious ﬁnding that has profound and worrying implications for social cohesion.”
In a study published as world leaders fly into the Swiss ski resort of Davos to voice concerns over inequality and the climate crisis, the UN’s International Labour Organization (ILO) said more than 473 million people around the world lacked the employment opportunities to meet their needs.
The ILO said countries around the world were missing out on the potential economic and social benefits of a huge pool of human talent.
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