Informal economy and slow wage growth hamper decent work, ILO says

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The International Labour Organisation published its Employment ans Social Trends 2026 on 14 January. It anticipates unemployment stabilising in 2026 and employment growth of 1%, driven by developing countries. The informal economy, which grew by 0.3 percentage points between 2015 and 2025, will reach 2.1 billion people in employment this year. Furthermore, despite expected global growth of 3.1%, record levels of uncertainty surrounding international trade and the development of AI threaten inve

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