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Tag Archives: Asia-Pacific jobless rate steady amid falling poverty: International Labour Organisation

Asia-Pacific jobless rate steady amid falling poverty: International Labour Organisation


January 11, 2024

ISLAMABAD: The International Labour Organisation (ILO) says the unemployment rate in Asia-Pacific is expected to remain constant at 4.5 per cent during 2024-25 in view of the socio-economic developments in low- and middle-income economies of the region as poverty rates have decreased and youth education enrolment improved. At around 4.5pc, the regional unemployment rate fell below pre-pandemic levels in 2023, …

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