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Globalization Shifts: 465 Million Jobs Depend on Trade

2/20/2026

47 11 Full Breakdown

Summary

Story summary

The International Labour Organization's 2026 report finds that 15.3% of global jobs depended on foreign demand in 2024, equaling 465 million.
Asia and the Pacific accounted for 278 million and Europe 96 million trade-dependent jobs, together over 80% of such employment.
The report states globalization's future will be shaped by the European Union (EU), China, and other middle powers, not the United States, which has 25.4% of GDP from trade.

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Story summary

The International Labour Organization's 2026 report finds that 15.3% of global jobs depended on foreign demand in 2024, equaling 465 million.
Asia and the Pacific accounted for 278 million and Europe 96 million trade-dependent jobs, together over 80% of such employment.
The report states globalization's future will be shaped by the European Union (EU), China, and other middle powers, not the United States, which has 25.4% of GDP from trade.