Global Unemployment on Record Levels

Cotton Made in Africa: A Field Report by Roger Peltzer

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Global Unemployment on Record Levels

ILO's Global Employment Trends

The number of jobless worldwide reached nearly 212 million in 2009 following an unprecedented increase of 34 million compared to 2007, on the eve of the global crisis, the International Labour Office (ILO) says in its recent annual “Global Employment Trends” report (see reference). Based on IMF economic forecasts, the ILO estimates that global unemployment is likely to remain high through 2010. A WDEV summary and a comment by C.P. Chandrasekhar

In the Developed Economies and European Union unemployment is projected to increase by an additional 3 million people in 2010, while it will stabilize at present levels, or decline only slightly, in other regions. The ILO also says the number of unemployed youth worldwide increased by 10.2 million in 2009 compared to 2007, the largest hike since 1991. At the same time, the ILO report shows wide variations in the employment impact of the crisis between regions and countries as well as in labour market recovery prospects ...

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The Superiority of the Financial Transaction Tax / A New Beginning in European Development Policy?

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WDEV Recent Issues

Issue 3/May-Jun 2010
Minister Niebel's Leitmotiv: German Interests + Greece's Baltic Future + World Bank and Gender + Trade Union Rights
Issue 2/Mar-Apr 2010
Making the MDGs More Sustainable + Lisbon Treaty and EU Development Cooperation + Reconciling and Livestock Production? + The IMF's Green Fund
Issue 1/Jan-Feb 2010
The Superiority of the Financial Transaction Tax + Global Unemployment on Record Levels + New Beginning in European Development Policy? + Clean Development for the South
Issue 6/Nov-Dev 2009
Global Economic Prospects for 2010 + Does Copenhagen Really Matter? + Quo Vadis, German Development Cooperation? + Mapping Social Protection in South Asia
Issue 5/Sep-Oct 2009
A New Exchange-Rate Management + Dams and Corruption + World Bank Promotes Land Grab + ODA and Low Tax Countries
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