The start of the year, despite lasting negative effects from the global pandemic, saw the beginnings of a positive economic change after a difficult 2020.
In the first quarter alone, 21 of 49 countries analyzed revealed the first decrease in national unemployment rates in a few quarters – a welcome sign of improvements to come.
Throughout the rest of 2021, the labor market on a global scale will likely see low benchmark interest rates and limited federal spending; but will hopefully see unemployment rates continuing to fall.
For a greater snapshot of global unemployment, economic forecasts, and other data on the current labor market, read our Global Labor Market Report for 1Q 2021 today!
