UN report shows global unemployment rose by 4m in 2012

Tuesday 22 January 2013 16.20
Jobseekers in the US queue to attend a jobs fair in Chicago
Jobseekers in the US queue to attend a jobs fair in Chicago

The UN labour agency has warned that the lingering effects of the global economic crisis mean unemployment will continue to rise, even though world economies are expected to pick up.

The International Labour Organization said in a report that the net number of unemployed people rose by 4m in 2012 to 197m overall.

It is expected to rise by 5.1m in 2013 and by another 3m in 2014.

ILO Director-General Guy Ryder said: "An uncertain economic outlook, and the inadequacy of policy to counter this, has weakened aggregate demand, holding back investment and hiring."

The global unemployment rate during the crisis peaked at 6.21% in 2009 and was 5.93% in 2012.

It is expected to reach 6.01% in 2013 and 2014.