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NEWS BRIEFS

Published: January 11, 2024

Naspers boosting Takealot investmentTECHCENTRAL Naspers, Africa’s largest company by market value, is boosting investment into Takealot Group ahead of Amazon.com’s entry into...

Source: namibiansun.com

Global Unemployment Expected to Rise as Productivity Slumps, Social Inequality Grows: ILO - New Delhi Times - India's Only International Newspaper

Published: January 11, 2024

The International Labor Organization warns global unemployment is set to rise this year, putting a brake on the gradual recovery of nations from the dire economic straits brought about by the COVID-19 pandemic. Data from the ILO’s World Employment and Social Outlook: Trends 2024 report finds global unemployment in 2023, which stood at 5.1%, was…

Source: newdelhitimes.com

Global unemployment seen rising modestly in 2024: UN labour body

Published: January 10, 2024

The global unemployment rate is expected to inch up to 5.2% this year primarily because of a rise in joblessness in advanced economies, the International Labour Organization (ILO) said on Wednesday. ILO's 2024 World Employment and Social Outlook report forecasts the number of unemployed people will rise by 2 million, lifting the global unemployment rate to 5.2% from 5.1% in 2023.

Source: yahoo.com