Weak global economy strangling job employment creation
The United Nations' labor agency reported on 20 January that the number of unemployed people around the world rose above 200 million last year as job opportunities failed to grow at the same pace as the global workforce. Global unemployment rose by 5 million people in 2013, and if the trend continues, will rise by a further 13 million people by 2018, the International Labour Organization (ILO) stated in its annual outlook, 'Global Employment Trends 2014.'

The bulk of the employment gap is in the East Asia and South Asia regions, which represent nearly half of the additional jobseekers, followed by Sub-Saharan Africa and Europe. Recommendations for supporting a growing global workface included job-friendly macroeconomic policies and a greater attention to labour market and social policies.

More information: http://www.ilo.org/global/research/global-reports/global-employment-trends/2014/lang--en/index.htm

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