By EDITH M. LEDERER, Associated Press
UNITED NATIONS (AP) — The United Nations forecast lower global economic growth for 2022 and 2023 on Thursday, saying the world is facing new waves of coronavirus infections, persistent labor market challenges, lingering supply chain issues and rising inflationary pressures.
The U.N. said that after expanding 5.5% in 2021 — the highest rate of global economic growth in more than four decades — the world economy is projected to grow only 4% in 2022 and 3.5% in 2023.
Liu Zhenmin, the U.N. undersecretary-general for economic and social affairs, said at a news conference releaseasing the economic report that two years after the start of the COVID-19 pandemic “we are still living in a time of great uncertainty.”
“At the start of 2022, the global economic picture in the market is still murky,” he said. “Job creation has not yet made up for the earliest