Secular Café: World unemployment figures looking griim

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World unemployment figures looking griim Jan 22nd 2013, 09:49 http://www.bbc.co.uk/news/world-europe-21136667 Quote: The number of jobless people around the world rose by 4 million in 2012 to 197 million and is expected to grow further, the UN labour agency warns. In a 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. 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... ...The ILO pointed out that countries which had retained apprenticeships - such as Germany, Austria and Switzerland - had the lowest levels of youth unemployment.

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