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Economy

Global employment will not recover until 2023, ILO warns

Asia's supply chain reorganization presents risks and opportunities

Unemployed men queue in Dubai for food handouts after losing their jobs last year during the COVID-19 pandemic.    © Reuters

TOKYO -- The International Labor Organization warned on Wednesday that jobs lost in the heat of the COVID-19 crisis will not be recovered until 2023, at the earliest.

The pandemic, which caused a shortfall of 144 million available jobs in 2020, will have aftershocks in the global labor market.

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