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World jobless numbers rise, says UN labour agency | World jobless numbers rise, says UN labour agency |
(about 7 hours later) | |
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. | 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. | 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. | 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. | The trend reflected a downturn in economic growth, the document said. |
This was particularly the case in developed countries. | This was particularly the case in developed countries. |
'Massive waste' | 'Massive waste' |
The report - Global Employment Trends 2013 - said that 6% of the world's workforce were without a job in 2012. | 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. | 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Many were giving up, with the report estimating that 39 million people had withdrawn from the labour market. | Many were giving up, with the report estimating that 39 million people had withdrawn from the labour market.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. | "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. | 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," Mr Ryder said. | "This is a massive waste of the lives of young people and their talents, and extraordinarily damaging to the people themselves and their societies," Mr 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. | 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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