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Bookmark or Share- The cost of living is a top concern for Gen Z and millennials | World ...Cost of living was cited as the top concern in the Deloitte survey, with 35% of Gen Zs and 42% of millennials saying it was their biggest concern. The prospect of unemployment increased by two points for Gen Zs compared to last year, and now ranks as their second-biggest worry.
- Chief Economists Say Global Recession Likely in 2023, but Cost of ...While the Forum’s Global Risks Report 2023 recently found the cost-of-living crisis to be among the world’s most urgent risks, the chief economists see the crisis potentially nearing its peak, with a majority (68%) expecting it to have become less severe by the end of 2023. A similar trend is evident in relation to the energy crisis, with ...
- ILO endorses living wages – here’s what you need to know | World ...Factors driving this include the need to attract and retain talent, rising inflation and cost-of-living pressures and emerging regulations. For example, new rules on business conduct in the European Union require companies to report on how they will pay ‘adequate wages’ to their workers and ensure their suppliers do the same.
- Cost of living crisis: global impact and solutions | World Economic ForumThe economic impacts of the Russian invasion of Ukraine are rippling out across the globe in a cost of living crisis that’s pushing millions more people into poverty. Soaring food and energy prices have resulted in 71 million people in developing countries falling into poverty , according to the UN Development Programme (UNDP).
- How the cost of living crisis affects young people around the worldConsultants Deloitte polled 22,000 Gen Z and millennial respondents in 44 nations about the effect of soaring prices on their lives and found that the cost of living was the number one concern for both groups, ahead of worries about losing their jobs, climate change and mental health.
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