Friday 27 April 2012

ILO releases new global unemployment projections

Today, we published our new global and regional unemployment projections:

http://www.ilo.org/wcmsp5/groups/public/---ed_emp/---emp_elm/---trends/documents/publication/wcms_179663.pdf

The slowdown in growth has started to push up global unemployment: This year we expect 202 million jobseekers global, with further increases over the coming years through 2016. This is a significant worsening of the outlook and we do not see any reverting happening any time soon.