Global Employment Trends January 2009

Author:
International Labour Organization
Publisher:
International Labour Organization
Publication Date:
28 January 2009
Tags:
United States, Canada and Africa, Europe and Africa, Economy, Business and Finance, Banking and Insurance, International Organizations and Africa, Labour, Environment

The global financial crisis has triggered a serious slowdown in world economic growth including recession in the largest industrialized countries. Enterprises have stopped hiring and many are laying off workers in considerable numbers. This report examines what we know already about the impact of the crisis on jobs and what we could expect from several possible scenarios of the way it might evolve in the year ahead.

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