Global Employment Trends 2013 report shows world jobless numbers rising

World jobless numbers rose by 4 million in 2012 to 197 million and is expected to grow further, the UN labour agency warns.

In a recent report, the International Labour Organization (ILO) said the worst affected were youth: nearly 13% of the under 24s were unemployed.

It said global unemployment was projected to rise 5.1 million this year and by a further 3 million in 2014.

The trend reflected a downturn in economic growth, the document said.

This was particularly the case in developed countries.

World jobless numbers rose by 4 million in 2012 to 197 million and is expected to grow further, the UN labour agency warns

The report – Global Employment Trends 2013 – said that 6% of the world’s workforce were without a job in 2012.

It revealed that long-term unemployment was also growing, pointing out that a third of Europe’s jobless had been without work for more than a year.

Many were giving up, with the report estimating that 39 million people had withdrawn from the labour market.

“An uncertain economic outlook, and the inadequacy of policy to counter this, has weakened aggregate demand, holding back investment and hiring,” ILO director general Guy Ryder said.

The report also called for more funds to be injected in vocational training to equip young people to do the jobs available.

“This is a massive waste of the lives of young people and their talents, and extraordinarily damaging to the people themselves and their societies,” Guy Ryder said.

The ILO pointed out that countries which had retained apprenticeships – such as Germany, Austria and Switzerland – had the lowest levels of youth unemployment.

Diane A. Wade

Diane is a perfectionist. She enjoys searching the internet for the hottest events from around the world and writing an article about it. The details matter to her, so she makes sure the information is easy to read and understand. She likes traveling and history, especially ancient history. Being a very sociable person she has a blast having barbeque with family and friends.

Recent Posts

House Panel Votes to Release Matt Gaetz Ethics Report

The US House Ethics Committee has voted to release its report on former Republican Representative…

4 days ago

ABC News to Pay $15M to Settle Trump Defamation Suit

ABC News has agreed to pay $15 million to President-elect Donald Trump to settle a…

1 week ago

South Korea’s Parliament Impeaches President Yoon Suk Yeol Following Martial Law Scandal

South Korea’s parliament has voted to impeach President Yoon Suk Yeol over his failed attempt…

1 week ago

Syria: Israeli War Planes Carry Out More Than 100 Air Strikes

Israeli war planes have carried out more than 100 air strikes in Syria on December…

2 weeks ago

Donald Trump Threatens 100% Tariff on BRICS Nations

President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS countries if they…

3 weeks ago

Syria Coup: Rebels Take Control of Aleppo

Syrian troops have withdrawn from the city of Aleppo following an offensive by rebels opposed…

3 weeks ago