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Wednesday, April 16, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Employers to cut 14 million workplaces worldwide

Moscow: Employers around the world plan to create 69 million jobs by 2027, while closing 83 million, resulting in the loss of 14 million jobs, or two percent of current global employment. This has been claimed in the latest report released by the World Economic Forum (WEF). Coincidentally, this report has been released on May Day or Labor Day. According to the report, “Out of the 673 million jobs reflected in the dataset in this report, respondents expect structural job growth of 69 million jobs and decline of 83 million jobs. This corresponds to a net loss of 14 million jobs, or two per cent of current employment.

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