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Business News/ Photos / Global unemployment soars

Global unemployment soars

In its latest report the International Labour Organization says that five years after the outbreak of the global financial crisis, unemployment is rising again, leaving 197 million people without a job in 2012.

A student protester walks a pavement in Sydney. According to a report released on Tuesday by the International Labour Organization (ILO), the world jobless number has risen to a high of 197 million in 2012. AFP

1/7A student protester walks a pavement in Sydney. According to a report released on Tuesday by the International Labour Organization (ILO), the world jobless number has risen to a high of 197 million in 2012. AFP

Hundreds of people line up for jobs at the City University in New York. The unemployment rate in the US rose by 4.3% and the long-term unemployment by 31.3%. AFP

2/7Hundreds of people line up for jobs at the City University in New York. The unemployment rate in the US rose by 4.3% and the long-term unemployment by 31.3%. AFP

A protestor during a demonstration against unemployment in Oakland, California. Some 39 million people have dropped out of the labour market as job prospects proved unattainable, opening a 67 million global jobs gap since 2007. AFP

3/7A protestor during a demonstration against unemployment in Oakland, California. Some 39 million people have dropped out of the labour market as job prospects proved unattainable, opening a 67 million global jobs gap since 2007. AFP

Migrant workers, with their skills written on pieces of paper, wait for work in Chengdu, China. Surveys across six cities in China revealed that nearly a third of all non-agricultural workers - 36 million - was informally employed. AFP

4/7Migrant workers, with their skills written on pieces of paper, wait for work in Chengdu, China. Surveys across six cities in China revealed that nearly a third of all non-agricultural workers - 36 million - was informally employed. AFP

A view of the Genpact centre in Gurgaon near New Delhi. In India total employment grew by just 2.7 million from 2004-05 to 2009-10, compared with over 60 million during the previous five-year period 1999-2000 to 2004-05. HT

5/7A view of the Genpact centre in Gurgaon near New Delhi. In India total employment grew by just 2.7 million from 2004-05 to 2009-10, compared with over 60 million during the previous five-year period 1999-2000 to 2004-05. HT

A major reason for the slow growth in employment in countries like India is the fall in female labour force participation. In India the participation rate for women fell from 37.3% in 2004-05 to 29.0% in 2009-0. HT

6/7A major reason for the slow growth in employment in countries like India is the fall in female labour force participation. In India the participation rate for women fell from 37.3% in 2004-05 to 29.0% in 2009-0. HT

Thousands of job-seekers gather at a job fair in Hefei, China. The global number of unemployed is expected to rise further to some 210.6 million over the next five years, the ILO report said. AFP

7/7Thousands of job-seekers gather at a job fair in Hefei, China. The global number of unemployed is expected to rise further to some 210.6 million over the next five years, the ILO report said. AFP

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