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ILO: Global Unemployment Rate Stabilizing

The global unemployment rate is stabilizing after years in a slump due to a faltering economy, the International Labor Organization reports in "World Employment and Social Outlook: Trends 2018." However, unemployment — which the ILO says stands at more than 192 million people globally — is expected remain persistently high in many parts of the world. The ILO reports that unemployment in wealthier countries is expected to drop to 5.5 percent this year, the lowest rate since...

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