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Monday, October 20, 2008

Global jobless to top 200m, UN predicts


The UN labor agency predicted on Monday that the global financial crisis will add at least 200 million unemployed people. The rate is said to be the first time ever in a decade of record keeping of unemployment and employment rates.

The agency also factored in data from the United Nations and from countries that have produced recent statistics, he said.

"The estimate that we are now making is that as compared with January 2008 to December 2009 we are probably going to have about 20 million jobs lost, and this may be underestimated," Somavia said.

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1 comments:

Improvedliving said...

well this is lot of people who are jobless


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