ILO: Global unemployment will exceed 200 million this year

　　May 1, according to Singapore's "Lianhe Zaobao" reported yesterday (30) ILO warned that the cost-saving measures are hurting the global job market, it is estimated that 2012 up to 200 million 200 million people are unemployed worldwide. 600 million more than last year. The organization even predict the next year the global problem of unemployment will get worse.vuitton bags online

　　The International Labour Organization (ILO) said in the 2012 Global Report, the financial savings and labor market reform to bring "devastating consequences" for employment in most countries are unable to reduce the fiscal deficit.discount louis vuitton bags

　　It warned that unless the Governments concerned on the one hand to tighten spending, on the other hand to create new employment opportunities, or will face the risk of social instability.louis vuitton bags for sale

　　The organization's research department in charge of Torres told reporters in Geneva: "savings and regulatory strategy was originally expected to promote more economic growth, but this did not happen."cheap louis vuitton bags

　　Responsible for writing reports, Torres said: "restore confidence and help the deficit reduction target, saving strategy is actually at the expense of existing economic development."louis vuitton bags wholesale

　　The report said that since the global financial crisis since 2008, the world lost as many as 50 million jobs. It predicts that global unemployment rate reached 6.1 percent in 2012, ie 200 million to 200 million people are unemployed, three percentage points higher than in 2011 about 100 million to 9600 million people are unemployed.Louis Vuitton Handbags

　　The ILO estimates the 2013 global unemployment rate will reach 6.2%, and that there will be another 500 million people unemployed.cheap louis vuitton Handbags

　　The report says: "The next few years, the intensity of global growth, not enough to solve the existing problem of unemployment, and provide employment opportunities for over 8000 people about to enter the labor market."

　　Many countries, especially in developed economies to take austerity measures and labor market reforms, resulting in the decline of the number of new jobs and job seekers of low morale, lack of skills, but also make it harder to find a job.