Global Recession 2024 Upsc. Us employers have slowed hiring, adding an average of about 170,000 jobs each month for the last three months, and just 114,000 in july, versus 267,000 a month in the first. By may 2024, a staggering 120 million people were.
The world bank study estimates 2023 global gross domestic product growth to slow to 0.5%, and contract 0.4% in per capita terms that would meet the technical. The primary aim was to address significant economic issues like inflation and the global recession that followed the organisation of the petroleum.