While Population Rises, Jobs Decline: Global Job Markets Tied to U.S. Consumerism

Close up of the New York Stock Exchange. Credit: Unsplash/Aditya Vyas

By Maximilian Malawista
UNITED NATIONS, Jun 6 2025 (IPS)

While Asia and the Pacific seem to be booming in employment and GDP growth, reports reveal a possible volatile and fragile market pegged to U.S. consumerism.

The World Employment and Social Outlook for May 2025 from the International Labour Organization (ILO) reveals reductions of projections about the global job market in large percentages...