IMF: global employment has been contracting for 31 months

- Aggregated labor series show global employment has been in contraction stretches for 31 months in some measures, a sign of stubborn weakness in hiring. - That weak hiring comes alongside a seven‑month low in nominal global sales growth, indicating demand shortfalls across major markets. - Policymakers face softer job markets even as headline GDP around 3.1% masks uneven domestic conditions. (x.com) (x.com)