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Wednesday 27 January 2010

ILO reports a record rise in unemployment due to crisis‏

The ILO has published its annual Global Employment Trends report. It states that the number of jobless worldwide reached nearly 212 million in 2009 following an unprecedented increase of 34 million compared to 2007, on the eve of the global crisis.

Most of this increase occurred in 2009. The largest jumps in unemployment rates by region occurred in the Developed Economies and the European Union. The global unemployment rate in 2010 is projected at 6.5 per cent.
http://www.ilo.org/wcmsp5/groups/public/---ed_emp/---emp_elm/---trends/documents/publication/wcms_120471.pdf