Jobless to increase by 3 million this year, says ILO

The global unemployment rate is expected to increase by 3 million this year, according to a report issued by the International Labour Organization (ILO) on Tuesday.

The agency says that the global economy is continuing to grow at trends that are below the levels recorded during the period before the 2008 economic crisis.

According to the report, about 390 million workers, or 1 out 10 globally, continue to live in extreme poverty, earning less than US$ 1.25 a day.

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Source & Copyright: United Nations Radio