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GENEVA. — Global unemployment climbed by five million people in 2013 to 202 million despite green shoots in the world economy, signalling a jobless recovery, the International Labour Organisation said on Monday.
Business activity is picking up but the misery of unemployment continues to pile up.
“We continue to be on an upward trajectory in terms of unemployment in the world,” Guy Ryder, the UN labour agency’s director general, told reporters.
“What is perhaps equally concerning is that, on current trends, and notwithstanding the modest recovery in growth that we are seeing, unemployment will continue to increase in coming years,” Ryder said as he released the ILO’s annual employment report.
By 2018, about 215 million people worldwide are expected to be unemployed, according to the ILO.
“At current rates of growth, we’re simply not able to produce any improvement in these figures. Indeed, they’re going to get worse,” Ryder said.
“We believe that employment needs to be put at the centre of international policy-making,” he underlined.
“There is a clear linkage between these unacceptable levels of unemployment in the world, and growing inequality,” he added, noting that inequality functions as a “brake on growth”. — AFP.
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