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UN warns of growing inequality, joblessness

Published Tue, Jan 20, 2015 · 09:50 PM
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Geneva

UNEMPLOYMENT will rise by 11 million in the next five years due to slower growth and turbulence, the United Nations warned on Tuesday.

More than 212 million people will be jobless by 2019 against the current level of 201 million, the International Labour Organization (ILO) said.

"The global economy is continuing to grow at tepid rates, and that has clear consequences," ILO head Guy Ryder told reporters in Geneva.

"The global jobs gap due to the crisis stands at 61 million jobs worldwide," he said, refer…

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