UN: 27 Million Lost Jobs In 2009

[OhioChick]

Source: AP

12 Million People Lost Jobs In US, Japan & Western Europe Alone


8:41 pm EST January 26, 2010

DAVOS, Switzerland -- Twenty-seven million people around the world lost their jobs in 2009, the U.N. labor agency said Wednesday, warning of a jobless recovery in a report released on the opening day of the World Economic Forum.

About 12 million of the newly unemployed were in North America, Japan and Western Europe, the International Labor Organization said. The jobless jumped by nearly four million in both Eastern Europe and Latin America, while unemployment rates were more stable last year in Asia, Africa and the Middle East.

The figures point to the need for a "global jobs pact" to boost employment around the world, the ILO said.

"Avoiding a jobless recovery is the political priority of today," ILO chief Juan Somavia said. "We need the same policy decisiveness that saved banks now applied to save and create jobs and livelihoods of people."

Read more: http://www.newsnet5.com/money/22349561/detail.html

[Yurovsky]

1. The really good news about that statistic...

was that 2 of the newly un-employed were Chimpy & Evil Dick.

:spank:

[AlphaCentauri]

4. Wait Chimpy works for Bill now

[defendandprotect]

2. Imagine what the real unemployment figures are beyond 17.5%???

We are sliding into much more than a very, very, very serious recession --

we've been flirting with depression since Reagan --

Obama has to see this unless he is blind --

FDR saw it and he reacted -- he didn't ask corporations what to do about it!!

He did it!!

[Coyote_Bandit]

3. And that number

does not include folks that lost jobs before 2009 and have yet to replace them.....

[ChromeFoundry]

5. holy shit...

:wow: