Global labour market recovery is gradual but uncertainties remain.

The global labour market is showing signs of gradual recovery, with unemployment rates falling in many countries and employment beginning to pick up. However, there is still a high level of uncertainty due to volatile economic and political factors, as well as changes in industrial structures. Reskilling and upskilling the workforce and supporting small and medium-sized enterprises (SMEs) are essential to create jobs and stimulate sustainable economic growth over the long term to meet the challenges ahead.


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