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Report: Global Uncertainties Lead to Rise in World Unemployment

Global unemployment is expected to jump by 3.4 million people — to more than 201 million — this year, the International Labor Organization reports. With an economy deemed too sluggish to generate enough jobs, the report predicts another 2.7 million people will be added to the unemployment ranks in 2018. The ILO says deteriorating labor market conditions are particularly acute in emerging and developing economies, where the rate of unemployment is expected to rise by slightly more than...

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