(formerly IRIN News) Journalism from the heart of crises

World unemployment set to rise?

Male and female workers at a construction site in Addis Ababa, Ethiopia, May 2007. The city has long been plagued by massive unemployment as rural people migrate to the city and flood the local job market. The economy has also been disrupted by the 30 yea
Manoocher Deghati/IRIN

“The global financial crisis could increase world unemployment by an estimated 20 million, according to the head of the International Labour Organization (ILO), Juan Somavia.

“The number of working poor living on less than a dollar a day could rise by some 40 million - and those on two dollars a day by more than 100 million,” says the ILO report.

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