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Global unemployment rate expected to rise by 3.4 million: ILO

Global unemployment rate expected to rise by 3.4 million: ILO

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The global unemployment rate is expected to rise by 3.4 million this year, bringing the number of jobless people to just over 201 million.

That’s according to a report by the International Labour Organization on employment trends for 2017 and 2018.

Global wage growth has fallen to its lowest levels in four years, the agency warns.

ILO Director-General Guy Ryder has been speaking to Daniel Johnson about the global labour market situation as well as the quality of jobs available.

Duration: 2’43’’

Photo Credit
ILO/Crozet M.