Global Job Market Outlook – Unemployment to increase by a further 3.4 million over the next two years ILO says

The global economic slowdown that occurred in 2015 is likely to have a delayed impact on labour markets in 2016, resulting in a rise in unemployment levels, particularly in emerging economies. Based on the most recent growth projections, global unemployment is expected to rise by nearly 2.3 million in 2016 and by a further 1.1 million in 2017.

Emerging economies are expected to see an increase in unemployment of 2.4 million in 2016. This largely re ects the worsening labour market outlook in emerging Asian economies, in Latin America and in commodity-producing economies, notably in the Arab States region and Africa.

Chosen excerpts by Job Market Monitor. Read the whole story at  World employment and social outlook: trends 2016