Labor & Economic News Blog
Monday, October 20, 2008
ILO says global financial crisis to increase unemployment by 20 million
ILO says global financial crisis to increase unemployment by 20 millionThe global financial crisis could increase world unemployment by an estimated 20 million women and men, the Director-General of the International Labour Office (ILO) said today. “We need prompt and coordinated government actions to avert a social crisis that could be severe, long-lasting and global”, he added.
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