A gloomy global outlook for jobs
Global unemployment will hit 202 million this year, or 6.1 per cent, as debt-driven austerity measures hammer job markets and threaten to drive Europe into recession, the U.N. labour agency predicted Monday.
In a gloomy forecast, the International Labor Organization predicted unemployment, which stood at 196 million at the end of 2011, would edge up further in 2013, with the long-term unemployed and young people hit particularly hard.
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