27million lost jobs in 09
(9news): The International Labour Organisation (ILO) has called for a global jobs pact in the wake of Twenty-seven million people around the world losing their jobs in 2009, The UN labour agency has warned of a jobless recovery in a report to be released on the opening day of the World Economic Forum in Davos. About 12 million of the newly unemployed were in North America, Japan and Western Europe, the International Labour Organisation (ILO) said. ILO chief Juan Somavia is calling for the same policy decisiveness that saved banks to be applied to save and create jobs. In an 82-page report, the Geneva-based agency said it expected unemployment to remain high through 2010.
Category: Business
