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

20 January 2015
UN study predicts rising global unemployment due to slower growth, inequality, turbulence

​An extra 10 million people worldwide are likely to be unemployed by 2019, the International Labour Organisation experts said, pointing to slower growth, widening inequalities and economic turbulence as reasons behind the trend.

According to the World Employment and Social Outlook — Trends 2015 (WESO) report, released today by the International Labour Organisation (ILO), the next four years will see the total number of people out of work worldwide climb from the current 201 million to 212 million.

"The good news is that the number of workers in vulnerable jobs and working poverty has fallen around the globe. However, it is still not acceptable that almost half of the world’s workers lack access to basic necessities and decent work," said ILO Director-General Guy Ryder said. "The situation is even worse for women."

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