Global unemployment to rise to 212 million

The global jobs market will continue to deteriorate in the coming years,, while rising income inequality and high youth unemployment will stoke more social unrest, a new report warns today.

The International Labour Organization (ILO) says a slowdown in economic growth means more jobs will be lost this year with young people again bearing the brunt of the financial crisis and its aftermath.

Releasing its latest forecasts, the ILO said the challenge of bringing unemployment back to pre-crisis levels “now appears as daunting a task as ever”.

- The Guardian, 19 January 2015