At the same time, net overseas migration has surged to a record high of 518,100 in the past financial year as international students, working holiday-makers, and sponsored workers returned to Australia after our international borders reopened and fewer migrants departed.
British Post Office scandal - Wikipedia wikipedia.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wikipedia.org Daily Mail and Mail on Sunday newspapers.
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.
The global unemployment rate will increase slightly in 2024, the United Nations said Wednesday as it raised concerns about stagnant productivity, worsening inequalities and inflation biting into disposable income.Widening inequalities and stagnant productivity are causes for concern, the ILO said in its World Employment and Social Outlook Trends report for 2024.