Audio By Carbonatix
The number of jobless people around the world rose by 4 million in 2012 to 197 million and is expected to grow further, the UN labour agency warns.
In a report, the International Labour Organization (ILO) said the worst affected were youth: nearly 13% of the under 24s were unemployed.
It said global unemployment was projected to rise 5.1 million this year and by a further 3 million in 2014.
The trend reflected a downturn in economic growth, the document said.
This was particularly the case in developed countries.
'Massive waste'
The report - Global Employment Trends 2013 - said that 6% of the world's workforce were without a job in 2012.
It revealed that long-term unemployment was also growing, pointing out that a third of Europe's jobless had been without work for more than a year.
Many were giving up, with the report estimating that 39 million people had withdrawn from the labour market.
"An uncertain economic outlook, and the inadequacy of policy to counter this, has weakened aggregate demand, holding back investment and hiring," ILO director general Guy Ryder said.
The report also called for more funds to be injected in vocational training to equip young people to do the jobs available.
"This is a massive waste of the lives of young people and their talents, and extraordinarily damaging to the people themselves and their societies," Mr Ryder said.
The ILO pointed out that countries which had retained apprenticeships - such as Germany, Austria and Switzerland - had the lowest levels of youth unemployment.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
CEO Summit: BoG Governor assures of monetary stability to drive industrial growth
9 seconds -
Anticipation builds ahead of 2026 Hitz FM ‘Rep Ur Jersey’
1 minute -
CEO Summit: Deloitte Ghana urges government to turn policies into real jobs
9 minutes -
Photos: First batch of Ghanaians fleeing xenophobic attacks in South Africa arrive in Ghana
18 minutes -
Xenophobic attacks: Over 400 Ghanaians expected back home this weekend – Benjamin Quashie
20 minutes -
CEO Summit: Togbe Afede calls for bold leadership to sustain Ghana’s economic recovery
29 minutes -
Black Stars: I won’t be upset if I don’t start – Benjamin Asare
34 minutes -
Senior Ghanaian miners in South Africa seek evacuation amid rising xenophobic tensions — High Commissioner
34 minutes -
Zoomlion rejects Auditor-General’s allegations over African Games cleaning contracts
36 minutes -
Claims that only 10 Ghanaian evacuees are legal migrants in South Africa are false — Benjamin Quashie
36 minutes -
AG sues JA Plant Pool, Siaw Agyepong over alleged $2m DRIP overpayment
1 hour -
FDI inflows hit US$2.61bn in 2025 – GIPC
2 hours -
Sixteen pupils killed in Kenya school fire
3 hours -
Ghana’s tax gap: New levies loom in mid-year budget
3 hours -
Ashanti region: Mining pit collapse kills 4 illegal miners at Bepotenten Sukuumu
3 hours