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UN Warns: 84 Million Jobs at Risk Amid Trade War

5/29/2025

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Summary

Story summary

The UN warns that millions of jobs could vanish due to an economic slowdown linked to Trump's trade war.
The ILO forecasts 53 million new jobs by 2025, 7 million less than previously anticipated.
Approximately 84 million jobs in 71 countries are at risk due to fluctuating US consumer demand.
The IMF has reduced global GDP growth projections from 3.2% to 2.8% amid trade uncertainties.
Employers may delay hiring decisions due to unpredictable tariffs and ongoing geopolitical tensions.

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Story summary

The UN warns that millions of jobs could vanish due to an economic slowdown linked to Trump's trade war.
The ILO forecasts 53 million new jobs by 2025, 7 million less than previously anticipated.
Approximately 84 million jobs in 71 countries are at risk due to fluctuating US consumer demand.
The IMF has reduced global GDP growth projections from 3.2% to 2.8% amid trade uncertainties.
Employers may delay hiring decisions due to unpredictable tariffs and ongoing geopolitical tensions.