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Economic Slowdown Threatens Job Security and Living Standards Worldwide in 2024

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The United Nations published data from the International Labour Organization’s (ILO) “World Employment and Social Outlook Trends 2024” report , which revealed that as of 2024 approximately 5% of the global workforce is unemployed — a slight improvement from the pre-pandemic era.

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Workers Demand $81,000+ Starting Salaries Despite Fearing Job Losses

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The Feds report highlights that workers are also increasingly dissatisfied with their current wages, benefits, and promotion opportunities. Women, people without a college degree and those with annual household incomes lower than $60,000 feel the least likely to land a promotion any time soon.

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