Wednesday, September 10, 2014

World Bank warns of global jobs crisis

..............“As this report makes clear, there is a shortage of jobs and quality jobs. And, equally disturbingly, we’re also seeing wage and income inequality widening within many G20 countries, although progress has been made in a few emerging economies, like Brazil and South Africa,” he added. He said overall, emerging market economies had done better than advanced G20 countries in job creation, driven primarily by China and Brazil but the outlook was bleak.  “Current projections are dim. Challenging times loom large,” said Twose.............

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