News / Economy

UN Labor Agency Says Global Recovery Not Helping Unemployed

UN Labor Agency Says Global Recovery Not Helping Unemployedi
X
January 20, 2014
The global economy may be on the mend, but the International Labor Organization says the recovery has not improved the global employment picture. In a new report released this week, the U.N. labor advocacy group says unemployment around the world is rising, especially among young people. Mil Arcega has more.
TEXT SIZE - +
The global economy may be on the mend, but the International Labor Organization says the recovery has not improved the global employment picture.  In a new report released this week, the U.N. labor advocacy group says unemployment around the world is rising, especially among young people. 

The World Bank says growth in high income countries will fuel the global economic recovery - with overall growth expanding 3.2 percent in 2014 - then 3.5 percent by 2015.
 
But the U.N.’s International Labor Organization says those prospects have not helped the world’s unemployed.

Guy Ryder is the ILO's Director General.

“The bottom line figure for 2013 is that there are nearly 202 million people around the world unemployed, and that represents an increase of nearly five million on the previous year," said Ryder.

The Geneva-based group says the bulk of the increase came from East and South Asia, which represents nearly half of the additional job seekers, followed by sub-Saharan Africa and Europe.  

The International Monetary Fund’s Christine Lagarde says growth remains too weak to boost employment.   

"Overall, as I said, the direction is positive, but global growth is still too low, too fragile and too uneven.  Moreover, even as it is, or as we forecast that it will be, it is not enough to create 200 million jobs that are needed by people who are looking for a job everywhere in the world," said Lagarde.

Based on current trends, the ILO says the world’s jobless will grow another 13 million by 2018 - with youth unemployment rising nearly three times faster.
 
“Young people are the particular victims of unemployment: 74.5 million of the unemployed, aged between 15 to 24, that is one million more than the year before," said Ryder.

On a more positive note, the U.N. agency says the number of working poor is declining.  But it says about 800 million workers - or more than a quarter of the world’s labor force - still live on about two dollars a day or less.

You May Like

Multimedia Relatives of South Korean Ferry Victims Fire at Authorities

46 people are confirmed dead, but some 250 remain trapped inside sunken ferry More

War Legacy Haunts Vietnam, US Relations

$84 million project aims to clean up soil contaminated by Agent Orange More

Wikipedia Proves Useful for Tracking Flu

Technique gave better results than Center for Disease Control (CDC) and Google’s Flu Trends More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Ukraine, Russia, United in Faith, Divided in Politicsi
X
Michael Eckels
April 19, 2014
There is a strong historical religious connection between Russia and Ukraine. But what role is religion playing in the current conflict? In the run-up to Easter, Michael Eckels in Moscow reports for VOA.
Video

Video Ukraine, Russia, United in Faith, Divided in Politics

There is a strong historical religious connection between Russia and Ukraine. But what role is religion playing in the current conflict? In the run-up to Easter, Michael Eckels in Moscow reports for VOA.
Video

Video Face of American Farmer is Changing

The average American farmer is now 58 years old, and farmers 65 and older are the fastest growing segment of the population. It’s a troubling trend signaling big changes ahead for American agriculture as aging farmers retire. Reporter Mike Osborne says a new report from the U.S. Census Bureau is suggesting what some of those changes might look like... and why they might not be so troubling.
Video

Video Donetsk Governor: Ukraine Military Assault 'Delicate But Necessary'

Around a dozen state buildings in eastern Ukraine remain in the hands of pro-Russian protesters who are demanding a referendum on self-rule. The governor of the whole Donetsk region is among those forced out by the protesters. He spoke to VOA's Henry Ridgwell from his temporary new office in Donetsk city.
Video

Video Drones May Soon Send Data From High Seas

Drones are usually associated with unmanned flying vehicles, but autonomous watercraft are also becoming useful tools for jobs ranging from scientific exploration to law enforcement to searching for a missing airliner in the Indian Ocean. VOA’s George Putic reports on sea-faring drones.
Video

Video New Earth-Size Planet Found

Not too big, not too small. Not too hot, not too cold. A newly discovered planet looks just right for life as we know it, according to an international group of astronomers. VOA’s Steve Baragona has more.
Video

Video Copts in Diaspora Worry About Future in Egypt

Around 10 percent of Egypt’s population belong to the Coptic faith, making them the largest Christian minority in the Middle East. But they have become targets of violence since the revolution three years ago. With elections scheduled for May and the struggle between the Egyptian military and Islamists continuing, many Copts abroad are deeply worried about the future of their ancient church. VOA religion correspondent Jerome Socolovsky visited a Coptic church outside Washington DC.
Video

Video Critics Say Venezuelan Protests Test Limits of Military's Support

During the two months of deadly anti-government protests that have rocked the oil-rich nation of Venezuela, President Nicolas Maduro has accused the opposition of trying to initiate a coup. Though a small number of military officers have been arrested for allegedly plotting against the government, VOA’s Brian Padden reports the leadership of the armed forces continues to support the president, at least for now.
Video

Video More Millenials Unplug to Embrace Board Games

A big new trend in the U.S. toy industry has more consumers switching off their high-tech gadgets to play with classic toys, like board games. This is especially true among the so-called millenial generation - those born in the 1980's and 90's. Elizabeth Lee has more from an unusual café in Los Angeles, where the new trend is popular and business is booming.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
AppleAndroid

World Currencies

EUR
USD
0.7217
JPY
USD
102.17
GBP
USD
0.5949
CAD
USD
1.1009
INR
USD
60.326

Rates may not be current.