Unemployment 2024 Vs 2020. Global unemployment is expected to rise this year, with growing inequality and stagnant productivity also a cause for concern on the economic horizon, the un labour agency ilo said on wednesday. The unemployment rate for people age 16 and older was unchanged at 4.1 percent in october 2024, but higher than a year earlier (3.8 percent).
Unemployment rate for september 2024. Economy faced a severe downturn in the early months of the pandemic, with the unemployment rate spiking to 14.8 per cent in april 2020, the highest level recorded in.