facebook
twitter
rss
account
search
search
 

Report: Jobless to reach 202M in 2013

Jan. 22, 2013 at 4:00 PM   |   Comments

GENEVA, Switzerland, Jan. 22 (UPI) -- A U.N. agency in Switzerland said there would be 202 million people unemployed globally in 2013, topping the record of 199 million from 2009.

The International Labor Organization said the ranks of people out of a job swelled by 4 million in 2012 and would grow by 5.1 million in 2013, the Los Angeles Times reported Tuesday.

The number of unemployed would grow to 210.6 million in 2017, the agency predicted.

More ominous than that, the figures do not include the number of workers who have given up on finding a job and stopped looking. Those discouraged jobless workers are taken out of the data pool, as they are defined as people who stopped looking, which takes them out of the global workforce.

Taking discouraged workers out of the workforce is "masking the true extent of the jobs crisis," the ILO said in a recent report.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Verizon backing off plan to slow unlimited data Verizon backing off plan to slow unlimited data
2
Huntington Ingalls Industries cuts steel for new destroyer Huntington Ingalls Industries cuts steel for new destroyer
3
Pepsi launches stevia-sweetened soda Pepsi launches stevia-sweetened soda
4
BAE Systems Australia upgrading launch sub-system of Nulka decoy BAE Systems Australia upgrading launch sub-system of Nulka decoy
5
Coca-Cola company, other soda makers, pledge to cut calories Coca-Cola company, other soda makers, pledge to cut calories
Trending News
x
Feedback