Crisis may worsen sharply, says ILO

The Geneva-based agency yesterday released its latest Global Employment Trends report, which noted that working poverty, vulnerable employment and unemployment had begun to rise last year. Global unemployment, it said, rose to 6% last year to some 190 million, from 5.7% in 2007.

An “optimistic” scenario, it said, would have just 18 million added to the worldwide jobless tally from 2007. Should “growth slow more rapidly this year and recovery be delayed into 2010″, an increase of 51 million “is a possibility”, the ILO said.

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