World unemployment rose to a historical record

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Photo: Dylan Martinez / Reuters

The number of unemployed in the world in 2017 reached a record 192,7 million people. This is 5.6 per cent (2.6 million people) more than in 2016. it is stated in the report of the International labour organization (ILO, a specialized Agency of the UN).

In 2018, as predicted by the ILO, the global unemployment will remain at level of last year. In 2019 the number of unemployed in the world will grow to of 193.6 million. The number of unemployed young people under the age of 25 years will be reduced, experts say. The most acute, this problem in North Africa, there are unemployed, almost a third of young people.

In 2018, the number of unemployed Russians will be reduced from the current 3.9 to 3.8 million people in 2019 — up to 3.6 million people, analysts say.

“Sustainable growth in Russia along with the growth of infrastructure investment and strengthening domestic demand also contributed to a significant improvement of economic situation in Central and Western Asia”, — stated in the materials of the ILO. Unemployment in Eastern Europe will decline from 5.5 percent in 2017, to 5.3 percent in 2018.

According to the forecast of the Ministry of labor, the number of unemployed Russians up in 2017 will amount to 5.1 percent of the economically active population.

Video, photo All from Russia.

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