ILO says global financial crisis to increase unemployment by 20 million
Oct 20th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The global financial crisis could increase world unemployment by an estimated 20 million women and men, the Director-General of the International Labour Office (ILO) said today. “We need prompt and coordinated government actions to avert a social crisis that could be severe, long-lasting and global”, he added.