Unemployment rate inches higher in Latin America and Caribbean, UN reports

The urban unemployment rate in Latin America and the Caribbean has climbed slightly to 8.5 per cent in the second quarter of 2009, with the United Nations forecasting that rate will stay constant through the end of the year.

G20 nations could save up to 11 million jobs this year, says UN labour chief

The so-called Group of 20 (G20) industrialized nations can take measures which could generate or save up to 11 million jobs in their respective countries this year, according to the head of the United Nations International Labour Organization (ILO).