7 million new jobs will evaporate this year because of trade war, UN predicts
- The United Nations predicts that 7 million jobs will vanish this year due to an economic slowdown caused by US President Donald Trump's trade war.
- The International Labour Organization estimates that 53 million jobs will be created worldwide in 2025, which is 7 million fewer than expected due to trade disruptions.
- The International Labour Organization reports that nearly 84 million jobs in 71 countries are at risk due to US consumer demand being affected by tariffs.
- Ongoing geopolitical tensions and trade disruptions could significantly harm global labor markets.
27 Articles
27 Articles
The UN Predicts that 7 Million New Jobs Would Be Lost This Year Due to the Trade War – Minnesota Press
The UN predicts that 7 million new jobs would be lost this year due to the trade war By Anna Cooban, CNN A UN report indicates that millions of potential jobs would disappear this year due to an economic slowdown caused by the US President Donald Trump's trade war. The International Labour Organization (ILO), a UN agency, predicts in a report published on Wednesday that 53 million jobs will be created worldwide by 2025 — 7 million less than prev…
The trade war will cost 7 million jobs in 2025, according to a UN report. Here’s the breakdown
The International Labor Organization (ILO), an agency of the United Nations, has downgraded its global employment forecast for 2025, saying “the global economy is growing at a slower pace than we had anticipated.” In its latest edition of its World Employment and Social Outlook Trends report, the ILO forecast 7 million less jobs would be created in 2025 globally, for a total of 53 million jobs, down from 60 million—based on economic growth proje…
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