Odisha has experienced a great increase in unemployment; 3.2% to 3.6% of people of working status in the city, and 3.4% to 6.2% in the suburbs. This has left approximately 1 million people in need for a job. 2 types of unemployment are exhibited in the article. Frictional unemployment, pertaining to the youth, and cyclical unemployment.

To combat this issue, the state government has partnered with selected organisations and launched the Odisha Skill Development and Employment Exchange program. 3,86,699 females and 7,17,530 males registered for the program, however only 8000 people have received jobs so far.

This is the lowest record since 1999, which shows unemployment rate in Korea is being lower and lower.

Out of hundreds of large companies surveyed around the world, 77% also said they were planning to reskill and upskill their existing workers between 2025-2030 to better work alongside AI, according to findings published in the WEF’s Future of Jobs Report. But, unlike the previous, 2023 edition, this year’s report did not say that most technologies, including AI, were expected to be “a net positive” for job numbers.

“Advances in AI and renewable energy are reshaping the (labor) market — driving an increase in demand for many technology or specialist roles while driving a decline for others, such as graphic designers,” the WEF said in a press release ahead of its annual meeting in Davos later this month.

Trump's trade war, declining GDP growth rate, high unemployment and declining retail sales data are indicators of a potential US recession.

US Unemployment: The U.S. unemployment rate rose to 4.1% in February 2025, up from 4.0% in January. According to the Sahm Rule, when the three-month average unemployment rate rises more than a half percentage point from the minimum rate over 12 months, a recession is likely, followed by larger unemployment increases.

Federal layoffs appear to be a factor in the rising number of unemployment claims in the D.C. area, though the full impact remains uncertain. In response, local officials are organizing job fairs and support programs. Maryland has also launched a new website to assist displaced public servants in finding new opportunities.

Australia's unemployment rate remained steady at 4.1 per cent in February, as labour force participation declined.

According to the Australian Bureau of Statistics (ABS), 52,800 jobs were lost from the economy, well below forecasts of a 30,000 increase in employment.

The drop in employment came as fewer people were in work or looking for a job, with the participation rate falling to 66.8 per cent, from a record high of 67.3 per cent in January.

The ABS attributed part of the fall in employment to fewer older workers returning to work in February, with employment among older age groups lower than in the same month in 2024.

In January, the unemployment rate edged higher to 4.1 per cent, but the rate of workforce participation hit a new high and the number of jobs added significantly beat forecasts.

Portugal’s unemployment rate fell to 6.2% in January 2025, continuing a steady decline. The youth jobless rate also dropped to 19.5%, while employment reached a record 5.167 million.

Economic growth, fueled by consumer spending and investment, saw 2.8% GDP growth in Q4 2024. Government measures, including faster work visas and tax breaks for young workers, are boosting the job market. Portugal remains one of the eurozone’s top performers, alongside Spain.