It paints a depressing picture of high unemployment and increasing number of long-term unemployed as well. Some solutions are highlighted below (Could use in your exam)
The International Labour Organisation (ILO) calls on the UK to implement measures to encourage job-friendly investment, particularly at "job-rich" small and medium-sized businesses, with schemes such as credit guarantees and tax incentives. It also says executive pay packages should no longer reward short-term goals that can encourage harmful management practices.
Click here for an article on the issue of global unemployment. It also highlights the growing disparity between rich and poor: '
'Soaring stock markets and higher corporate profitability have pushed up executive pay and left companies sitting on piles of cash, but they have failed to create jobs for millions out of work, according to the International Labour Organisation'.
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| Juan, a 50-year old unemployed security guard, begs for money on a Madrid street.
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