from the Guardian UK:
The International Labour Organisation has warned that a jobs crisis caused by the slowdown in the global economy threatens a wave of widespread social unrest engulfing both rich and poor countries.
Highlighting the darkening prospects for employment, the Geneva-based ILO said policymakers were running out of time to head off a double-dip recession in labour markets.
"We have reached the moment of truth", said Raymond Torres, director of the ILO International Institute for Labour Studies to mark the publication of the organisation's World of Work report.
The study found that only half the 80m jobs needed to return employment to its pre-crisis levels were likely to be created over the next two years, and that the stalling of the global recovery was already leading to an increase in joblessness. Torres said: "We have a brief window of opportunity to avoid a major double-dip in employment." ..........(more)
The complete piece is at:
http://www.guardian.co.uk/business/2011/oct/31/jobs-crisis-global-social-unrest-ilo