The number of jobless people in the world is set to rise this year, as problems in emerging markets prevent the global unemployment rate from returning to pre-crisis levels.
The International Labour Organisation, a UN agency, forecasts that the number of unemployed people in emerging and developing countries will increase by 4.8m in the next two years.
In particular, rising jobless numbers in China, Brazil, Russia and elsewhere will offset improvements in the US and Europe, it says. The ILO’s annual employment report warns will such problems will hold back the expansion of the middle class and risk fuelling social discontent.
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