However, despite the swift recovery, the pandemic will have a lasting impact as it is expected that the global economy will still have not recovered to pre-COVID levels until 2022.
Will unemployment rates worldwide follow a similar pattern? Read the Global Labor Market Report for Q3 2020 to find out this and more.
Key findings include:
- A Q3 economic snapshot of 49 countries
- The number of nations reporting increases in unemployment rates and their specific economic indicators
- A deeper look at the United States’ rates as the country began rebuilding from Q2’s historic GDP decline