Youth unemployment across the world hits record high

http://news.blogs.cnn.com/2010/08/12/youth-unemployment-across-the-world-hits-record-high/

The number of young unemployed across the world has soared to a record high and is likely to climb further this year, a United Nations agency reported Thursday, amid a U.S. government report that that jobless claims in America jumped to five-month high.

The International Labor Organization said in its 2010 report that out of 620 million youths ages 15 to 24 in the global work force, 81 million were unemployed at the end of 2009, and warned of a “lost generation” as more youths lose hope of finding work.

The youth unemployment rate increased from 11.9 percent in 2007 to 13.0 percent in 2009, the report said.

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About ameyabadwe
Diehard Chelsea FC fan! Indian living in Thailand!

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