Thursday, January 27, 2011

ILO says global unemployment will continue in 2011

In its report "Global Employment Trends 2011: The challenge of a jobs recovery", the International Labour Organization (ILO) warned that given that global unemployment record highs for the third straight year, its slow recovery will continue during 2011, especially in developed economies. The report also says that youth employment should be a priority, because in 2010 among 56 countries with available data there were 1.7 million fewer youth in the labour market than expected. See complete note here.

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