The Canadian PressMay 8, 2013 09:32
GENEVA - Youth unemployment is likely to rise globally to 12.8 per cent by 2018, wiping out gains made in the recent economic recovery, the U.N.'s labour office said Wednesday.
As of last year, some 12.4 per cent of people aged 15 to 24 worldwide were unemployed, up from 12.3 per cent in 2011, according to a report published by the International Labor Organization, which is based in Geneva.
In six of 10 developing countries surveyed, more than 60 per cent of the young people were either unemployed or trapped in low-paying jobs, the report found.
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