The International Labour Organization (ILO) has revised its global employment outlook for 2025, reducing the projected number of new jobs from 60 million to 53 million.

This downgrade brings expected global employment growth down to 1.5 percent, from the previously forecasted 1.7 percent.

The reduction equivalent to approximately seven million fewer jobs is attributed to a weaker global economic outlook.

The ILO now anticipates global GDP growth of 2.8 percent, a decline from its earlier projection of 3.2 percent.

The new employment estimates are detailed in the ILO’s latest World Employment and Social Outlook (WESO) Update, which is informed by the International Monetary Fund’s (IMF) April 2025 World Economic Outlook.

In a related finding, the ILO reports that nearly 84 million jobs across 71 countries are directly or indirectly tied to U.S. consumer demand.

These jobs are increasingly vulnerable to disruption due to rising trade tensions, putting worker incomes and livelihoods at risk.

The Asia-Pacific region is home to the majority of these jobs about 56 million while Canada and Mexico have the highest proportion of their workforce affected, with 17.1 percent of jobs exposed to shifts in U.S. consumer behavior.

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