Unemployment: It Ain’t Over Till It’s … 2015
Those waiting for recovery from unemployment woes might have to wait a bit longer. The U.N.’s International Labor Organization has warned that it may take until 2015 for the global economy to bounce back to pre-crisis employment levels. Meantime, look for more social unrest of the kind now unfolding across Europe.
Those waiting for recovery from unemployment woes might have to wait a bit longer. The U.N.’s International Labor Organization has warned that it may take until 2015 for the global economy to bounce back to pre-crisis employment levels. Meantime, look for more social unrest of the kind now unfolding across Europe.
Protests related to the crisis have already been reported in at least 25 countries. –JCL
Dig, Root, GrowThe Guardian:
The International Labour Organisation (ILO) has warned of growing social unrest because it fears global employment will not now recover until 2015.
This is two years later than its earlier estimate that the labour market would rebound to pre-crisis levels by 2013. About 22 million new jobs are needed – 14 million in rich countries and 8 million in developing nations.
The United Nations work agency today warned of a long “labour market recession” and noted that social unrest related to the crisis had already been reported in at least 25 countries, including some recovering emerging economies.
This year, we’re all on shaky ground, and the need for independent journalism has never been greater. A new administration is openly attacking free press — and the stakes couldn’t be higher.
Your support is more than a donation. It helps us dig deeper into hidden truths, root out corruption and misinformation, and grow an informed, resilient community.
Independent journalism like Truthdig doesn't just report the news — it helps cultivate a better future.
Your tax-deductible gift powers fearless reporting and uncompromising analysis. Together, we can protect democracy and expose the stories that must be told.
This spring, stand with our journalists.
Dig. Root. Grow. Cultivate a better future.
Donate today.
TD Original
An historic progressive coalition looks to change the course of politics on the island.
Social Justice
As many as 70,000 child care centers are projected to close in the next several months as pandemic-era federal funding ends, pushing an industry already in crisis to a breaking point.
The budget proposal offers a terrifying preview of what we can expect from Trump if he wins another four years in office.
The former mayor of South Bend, Indiana, draws fire for claiming it's "not fashionable in progressive circles" to talk about the deficit.
Iraqis are demanding an end to corruption and sectarianism, while also objecting U.S. troops and Iranian influence.
From Chile to Iraq, popular uprisings against austerity and corruption are spreading like wildfire at a crucial point in history.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.