Showing posts with label ILO. Show all posts
Showing posts with label ILO. Show all posts

Tuesday, January 20, 2015

UN study predicts rising global unemployment due to slower growth, inequality, turbulence


UN, 20 January 2015 – An extra 10 million people worldwide are likely to be unemployed by 2019, a new United Nations report has said today, pointing to slower growth, widening inequalities and economic turbulence as reasons behind the trend.

Monday, January 20, 2014

Weak global economy strangling job employment creation, UN reports

   20 January 2014 – Employment is not expanding sufficiently fast to keep up with the growing labour force, the United Nations labour agency today reported, calling for job-friendly macroeconomic policies and a greater attention to labour market and social policies.
Global unemployment rose by 5 million people in 2013, and if the trend continues, will rise by a further 13 million people by 2018, the International Labour Organization (ILO) said in its annual outlook, ‘Global Employment Trends 2014.’
“The report finds that those economic improvements will not be sufficient to absorb the major labour market imbalances that built up in recent years,” Director of ILO’s Research Department, Raymond Torres, said in the foreword to the report. “The root causes of the global crisis have not been properly tackled.”

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