World Employment Trends 2022. World Employment- ILO flagship report. In 2022, ILO projections suggest that there will be a working-hour deficit equivalent to 52 million full-time jobs. World unemployed is projected to decline by 7 million in 2022.
Key Points
World Employment Trends 2022. Labour market recovery will remain weak through 2023. Employment losses and a drop in labour income characterized 2021 as they had the year before. Low- and lower-middle-income countries have fared the worst. People who already faced a disadvantage in the labour market have experienced higher employment losses than have other groups.
World Employment Trends 2022. Assuming a 48-hour workweek, the decline in hours worked was equivalent to a deficit of about 125 million full-time jobs globally in 2021 relative to the fourth quarter of 2019.
Across Asia and the Pacific as a whole, total working time in 2020 fell by the equivalent of over 130 million full-time employment jobs. Net employment losses amounted to approximately 58 million in 2020; 39 million of the workers in question exited the labour force.
