Clouds still hanging over jobs market
While Asia-Pacific labor data points to recovery, gains are uneven, ILO finds
Labor markets in the Asia-Pacific region are steadily picking up from the impact of the pandemic, but some sectors are faring better than others, officials from a UN agency say.
The officials from the International Labor Organization, or ILO, also say that economic pressures in the form of inflation, as well as geopolitical tensions, could dampen the outlook for jobs into next year.
At a video briefing on Monday for the launch of the ILO's Asia-Pacific employment outlook report for 2022, the experts underscored the importance of continued support for labor market institutions to help those sectors that are still struggling to recover.