Global employment trends 2011

The annual Global Employment Trends (GET) report provides the latest global and regional estimates of employment and unemployment, employment by sector, vulnerable employment, labour productivity and working poverty, while also analysing country-level issues and trends in the labour market. Taking into account macroeconomic trends and forecasts, the GET includes a short-term outlook for labour markets around the world. The report projects a global unemployment rate of 6.1 per cent, equivalent to 203.3 million unemployed, through 2011. It also noted that worldwide, 78 million young people were unemployed in 2010, well above the pre-crisis level of 73.5 million in 2007, but down from 80 million in 2009. Unemployment in the 15-24 age group stood at 12.6 per cent in 2010, 2.6 times the adult rate of unemployment.

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