Are We Headed For A Recession In 2024 In India. Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. Employers have slowed hiring, adding an average of about 170,000 jobs each month for the last three months, and just 114,000 in july, versus 267,000 a month in the first.
According to the analysis, india’s chances of entering a recession are virtually negligible, but wealthy nations and continents like the united states, the united kingdom,. A global recession is expected to occur in 2023.
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