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Employment trends in 2016

Employment trends in 2016

Continuing high rates of unemployment worldwide and chronic vulnerable employment in many emerging and developing economies are still deeply affecting the world of work, warns a new ILO (International Labor Organization) report.
In 2016 it is forecasted to rise by about 2.3 million in comparison to 2015 and reach 199.4 million globally.
An additional 1.1 million jobless will likely be added to the global tally in 2017, according to the ILO’s World Employment and Social Outlook – Trends 2016 .
ILO forecasts a minor unemployment rate drop in Ukraine in 2017 (9%), compared to 2016 (9,3%). As for regional trends, Eastern Europe has a relatively stable outlook (average of 6,8% since 2012, forecasted 6,9% in 2017). Northern, Southern and Western Europe is in worth situation with 9,7% unemployment rate forecasted in 2017. (Source: http://www.ilo.org)

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