International Labour Organization

    The so-called Group of 20 (G20) industrialized nations can take measures which could generate or save up to 11 million jobs in their respective countries this year, said International Labour Organization (ILO) Director-General Juan Somavia, ahead of the G20 summit in Pittsburgh this week. He said that the ILO forecasts that continued labor market deterioration globally will lead to unemployment ranging from between 219 million to 241 million, the highest level ever. "Unemployment remains massive today as a result of the crisis," he said. "If the special measures taken are unwound or withdrawn too early, the jobs crisis may worsen even further. For people worldwide, and in particular for the most vulnerable and disadvantaged, the crisis will not be perceived as receding until they get a decent job and a minimum floor of social protection."

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