51 million jobs could disappear worldwide

http://www.granma.cu/ingles/2009/febrero/mier25/desempleo.html

The International Labour Organization (ILO) said that approximately 51 million jobs around the world could disappear by the end of the year. This means that 230 million people globally could be unemployed by 2010.

Unemployment brings with it an infinite number of social problems, principally a deterioration of the quality of life and the subsequent consequences. For example, when income is lowered many families face losing their homes.

Facing the rise of this uncontrollable disaster, the ILO proposes the creation of rescue plans for low-income families, many of whom will be obliged to live on less than one dollar a day.

Unemployment and necessity in homes forces many children to leave school to work and support their families, deteriorating, in certain ways, their future prostpects.

The phenomena experienced today, which has caused millions to fall into deep despair, is not only affecting poor or “third world” countries. According to the World Bank (WB), more people are falling into poverty in developing countries. In other words, the employment crisis is global and those who are feeling the worst of it are those who have always felt like the “masters of the world.”

In this respect, IMF director Dominique Strauss-Kahn, pointed out that the principal economies are in a deep depression and maintained that the worst is still to come.

One fact to keep in mind is that as the crisis becomes worse, many countries will start to close their doors to immigrants who, as usually occurs, are seeking to escape from the poverty in their own countries to work in others. (Taken from Rebelión)

Translated by Granma International