The global job market’s rebound from the Covid-19 pandemic is now in jeopardy

According to an OECD report, real wage growth has been under pressure since the end of 2021 and will continue to fall in several nations.

According to the Organization for Economic Co-operation and Development, Russia's invasion of Ukraine has thrown the world employment market back into doubt, perhaps interrupting a remarkably good recovery from the epidemic (OECD).

The 38 developed economies in the organization have added around 66 million jobs since Covid-19's lowest point, which is 9 million more than were lost at the pandemic's start.

But with reduced company investment and consumer expenditure, there is now significant uncertainty. The global job market's rebound from the Covid-19 pandemic is now in jeopardy According to an OECD report, real wage growth has been under pressure since the end of 2021 and will continue to fall in several nations.

According to the Organization for Economic Co-operation and Development, Russia's invasion of Ukraine has thrown the world employment market back into doubt, perhaps interrupting a remarkably good recovery from the epidemic (OECD). The 38 developed economies in the organization have added around 66 million jobs since Covid-19's lowest point, which is 9 million more than were lost at the pandemic's start. But with reduced company investment and consumer expenditure, there is now significant uncertainty.