ILO – World Employment and Social Outlook, May 2025

Summary

The global GDP growth has been revised down to 2.

8% due to geopolitical tensions and trade disruptions. The global employment growth is expected to slow from 1.7% to 1.5% in 2025. Labor markets remain resilient, but there are signs of weakening demand for labor. The share of labor income has decreased, exacerbating inequality. Significant changes are occurring in the employment structure, with an increase in high-skilled jobs. Generative AI may transform the labor market, but its impact is difficult to predict.

Region: Global

Published: June 2025

Author(s): ILO

Language: English

Tech drivers: AI

Social drivers: Globalisation Pandemics

Geopolitical drivers: Economic conditions Supply chains disruption Workforce availability

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