Global economic growth in the first quarter of 2025 was hampered by trade uncertainty, slowed job growth, and persistent inflation. Worldwide, unemployment continues fluctuating as consumer spending and demand vary due to rising prices and stagnated wages. Though global unemployment has been steady at 4.9%, job growth throughout the year is expected to stall. To boost job growth, several large economies are passing new policies, though this could impede short-term economic growth. Additionally, this report highlights an emerging economy predicted to become a key player in the global labor market.
Read the full report to explore global economic trends and labor market changes in the first quarter of 2025, plus a spotlight piece on an important emerging economy.