The WEF’s Chief Economists Outlook report released Monday, explores the impact of global uncertainty on the world economy, growth patterns across the globe and the impact of rising strides in AI on businesses and financial markets.
A majority of economists predict that labour markets (77 percent) and financial conditions (70 percent) will loosen in 2024, meaning there will be more unemployed people in the market than available jobs. According to the International Labour Organisation (ILO)’s latest report, an additional 2 million workers will seek jobs this year, while a decrease in…
