Global slowdown sees a rise in jobless and vulnerable workers
The decelerating world economy is having far-reaching effects on unemployment, with new research projecting that the number of people out of work will grow to nearly 200 million this year, with millions of additional workers left vulnerable in developing countries, including Cambodia.
Global unemployment reached 197.1 million in 2015 and is expected to rise by nearly 2.3 million this year and a further 1.1 million in 2017, with the majority of this increase taking place in emerging economies, the International Labour Organization (ILO) said in its report, World Employment and Social Outlook – Trends 2016.
