Employment Meltdown

International Trade ForumNum. 1, Janvier 2009

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Résumé


Nations are facing a global jobs crisis. Unemployment is rising rapidly, and is expected to reach 230 million people worldwide this year. They may be headed for a vast prolonged and severe jobs crisis. Just as policy-markets have taken and swift action to respond to the financial and economic downturn, similar bold action is required to address the jobs crisis. First, jobs and social protection must become the bedrock of crisis responses. Second, the response must be coordinated and global. All countries must join in making employment and social protection a centerpiece of their crisis responses. Third, there was a crisis before this crisis and they cannot just aim to go back to business as usual. In restoring confidence, they must focus on building peoples trust in progress towards a new vision of a fairer, cleaner, more stable world.

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Employment Meltdown

We are facing a global jobs crisis. Already, a huge gap is opening up between people with work and without. Unemployment is rising rapidly, and is expected to reach 230 million people worldwide this year. More people are being pushed into the informa...

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