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Global Unemployment – To rise modestly in 2017 says ILO

The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, a new ILO report shows (table 1).

The number of unemployed persons globally in 2017 is forecast to stand at just over 201 million – with an additional rise of 2.7 million expected in 2018 – as the pace of labour force growth outstrips job creation, according to the ILO’s World Employment and Social Outlook – Trends 2017  (WESO).

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Chosen excerpts by Job Market Monitor. Read the whole story at World Employment and Social Outlook – Trends 2017: ILO: Global unemployment expected to rise by 3.4 million in 2017

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