The human cost of a global crisis

[marmar]

The human cost of a global crisis
Grim warning from global agencies as ILO fears 40m jobs could be lost by 2012. Undernourished total at 1bn, says Red Cross

Guardian reporters and agencies
Guardian Weekly, Tuesday 27 September 2011


The full humanitarian impact of the world economic crisis became clearer this week, as UN and global agencies warned of huge job losses, a rise in the number of people afflicted by chronic undernourishment, and the "extraordinary price" being paid by children and other vulnerable groups as mass austerity programmes constrict the developing world.

In a report prepared with the Organisation for Economic Co-operation and Development (OECD) for G20 labour ministers meeting in Paris on Monday, the International Labour Organisation said the group of developing and developed nations had seen 20m jobs disappear since the 2008 financial crisis. At current rates it would be impossible to recover them in the near term and there was a risk of the number doubling by the end of next year, it said. "We must act now to reverse the slowdown in employment growth and make up for the jobs lost," ILO director general Juan Somavía said. "Employment creation has to become a top macroeconomic priority."

The World Disasters Report, published by the International Federation of Red Cross and Red Crescent Societies, concluded that the number of people worldwide who are undernourished must be at least 1 billion. Of these, around 60% are women.

A total of 178 million children under five have stunted growth as a result of lack of food, it found. The annual report, which this year focuses on hunger and malnutrition, says the rise in basic food prices, the impact of changing climate and a rise in population have led to the increase in hunger. ............(more)

The complete piece is at: http://www.guardian.co.uk/world/2011/sep/27/warning-human-cost-global-crisis

[sam11111]

1. WPA here and in each nation can qiuckly end ALL unemployment -- FOREVER

So much chatter when the solution is so simple

See my link below