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Low-income countries 'far behind' in pandemic recovery from job losses

High debt, inflation and interest rates are blamed for "a significant divergence" in labor markets around the world.

High inflation and interest rates weigh on many labor markets.
High inflation and interest rates weigh on many labor markets. AN/Nathan Cima/Unsplash)

GENEVA (AN) — The gap between rich and poor countries is widening over jobs.

Lower-income countries aren't recovering from the COVID-19 pandemic as well as richer ones when it comes to tackling unemployment, according to a new report from the U.N. labor agency on Wednesday.

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