“Global youth unemployment has risen to close to its crisis peak and will climb higher as the economic recovery falters, a report by a UN agency has warned. The International Labour Office said the youth unemployment rate had been falling since hitting 12.7% in 2009, but this year had climbed again to stand at 12.6%. The rate is forecast to reach 12.8% by 2018. The ILO paints a grim picture for school leavers and graduates across large parts of the world, saying young people continue to be almost three times more likely than adults to be unemployed.”
Related posts:
Tax Cuts Feed China’s Consuming Passion
Tina Turner to become Swiss citizen and give up U.S. passport
How Romney Was Able to Put $100 Million into a Family Trust Without Paying Any Gift Taxes
3-D printer wows world’s top tech fair
Ecuador imposes ‘gag order’ on radio and TV stations
U.S. steps up Pakistan surveillance: ‘black budget’ analysis
Amazon launches online art gallery
3D-Printed Gun's Blueprints Downloaded 100,000 Times In Two Days (With Some Help From Kim Dotcom)
MO Lawmaker Proposes Bill Requiring Parents To Inform Schools If They Own A Gun
IMF sees no end to French jobless crisis this decade
Starbucks Pays $15.4 Million Corporation Tax, Closes Stores Amid British Backlash
Argentina to receive $1 bln loan from Goldman Sachs, says newspaper
Man sics cops on kid's lemonade stand, now in license trouble himself
Goldman's BRIC Era Ends as Fund Folds After Years of Losses
IMF Approves Reserve-Currency Status for China's Yuan