Global Labour Market Conditions in 2024
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Questions and Answers

What is the expected trend for global inflation in 2024 according to the text?

  • To stabilize at 5.7%
  • To decline to 3.9% (correct)
  • To rise due to monetary easing
  • To remain above 8.1%
  • Which region experienced an uptick in food prices in the second half of 2023?

  • Western Europe
  • South America
  • North America
  • Africa, South Asia, and Western Asia (correct)
  • What is the main factor influencing core inflation rates in developed economies according to the text?

  • Weak local currencies
  • Climate-related shocks
  • Limited pass-through from international prices
  • Rising service sector prices and tight labor markets (correct)
  • What has been a significant driver of food insecurity in developing countries?

    <p>High food prices</p> Signup and view all the answers

    Which group is particularly vulnerable to food insecurity according to the text?

    <p>Women and children</p> Signup and view all the answers

    What have major developed country central banks been doing regarding interest rates in 2023?

    <p>Raising interest rates</p> Signup and view all the answers

    What factor makes the economic prospects for SIDS vulnerable, according to the text?

    <p>Increasing impacts of climate change</p> Signup and view all the answers

    Which economic event directly affects tourism flows and consumer prices in SIDS?

    <p>Fluctuations in oil prices</p> Signup and view all the answers

    What was a global trend in the labour market recovery after the pandemic?

    <p>Uneven recovery with developing economies facing challenges</p> Signup and view all the answers

    Which region struggled with high unemployment rates despite declining rates in Brazil, China, and Türkiye?

    <p>Western Asia and Africa</p> Signup and view all the answers

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