Home > Economics, Employment > Global Long-Term Unemployment Seen Increasing

Global Long-Term Unemployment Seen Increasing

Thursday, October 24th, 2013 Leave a comment Go to comments

Here is a chart from The Economist that highlights the bleak outlook of global long-term unemployment. In particular, more than a third of unemployed people in rich countries have been out of work for over a year. What’s more is since the financial crisis began, the number of long-term unemployed people has doubled to almost 17 million, according to data from the OECD, a think-tank.

 

Economist_longterm unemployment

Source: Economist

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: