global financial crisis Current Affairs, GK & News

World Bank: Recent data on Global Remittance

The World Bank recently released its “Migration and Development Brief”. The report said that the remittance flows to the low-income and middle-income countries were 1.9% lower in 2020 as compared to that of 2019. It was 540 billion USD in 2020 and 548 billion USD in 2019. Key Findings The reduction in remittance inflows were ..

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World Employment and Social Outlook Trends 2019: Key Facts

The International Labour Organisation has released the annual World Employment and Social Outlook Trends for the year 2019. The important features of the report are: Unemployment rates were anticipated to fall to 4.9% in 2019 and are expected to hold steady into 2020. The number of jobless in real terms is estimated to rise from ..

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