Wednesday, January 28, 2009

U.N. agency says that World economy may lose 51 million jobs.

Economic slowdown has turned into a global employment crisis. As a result of economic slowdown, up to 51 million people worldwide will lose their jobs by the end of this year, United Nations agency said on Wednesday. This will make the global unemployment rate to 7.1 per cent.
The International Labor Organization (ILO) previously estimated the employment in Octber and said that 20 million jobs will disappear by the end of year 2009. What a bad days ahead ??
Source : Reuters

Related Posts :



0 comments:

About Me

India
I am a Software Engineer based in Chennai, India. My hobbies are blogging, driving. You can contact me here, http://sameerbloggs.blogspot.com/2009/03/contact-me.html

Contact Me

Disclaimer

Disclaimer: All the information given in this blog is only my ideas and knowledge what I got from internet or other sources. For any interest rate, charges etc check the particular service as the charge might have changed. Regarding the intraday trading tips, this is applicable for that day only and also shouldn't be taken as advice. All the actions taken by you is responsible by you only. Thanks.

Back to TOP