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Crisis could claim 50 million jobs by end 2009: ILO

Views 7 Views    Comments 0 Comments    Share Share    Posted by Chandra 28-01-2009  
GENEVA: Two years of global financial and economic meltdown could make over 50 million more people unemployed by the end of this year, the
International Labour Organisation (ILO) warned on Wednesday.

New estimates indicate that "global unemployment in 2009 could increase over 2007 by a range of 18 million to 30 million workers, and more than 50 million if the situation continues to deteriorate," the ILO said in a statement.

Source:
http://economictimes.indiatimes.com/News/News_By_Industry/Jobs/
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