Thursday, January 25, 2007

Global Employment Trends

"The number of people unemployed worldwide remained at an historical high in 2006 despite strong global economic growth. Even though more people are working globally than ever before, the number of unemployed remained at an all time high of 195.2 million in 2006 or at a global rate of 6.3 per cent. This rate of unemployment rate was almost unchanged from the previous year. This confirmed the trend of the past several years in which robust economic growth has failed to translate into significant reductions in unemployment or poverty among those in work." Source: International Labour Organization

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