Global Employment Trends 2013 Report

Emerging middle classes fuel new global growth engines

Global economic growth slowed sharply in 2012 and its impact on jobs and labour productivity is being felt in every region. Unemployment has gone up the most in the developed economies, such as the European Union. However a strong middle class now emerging in East Asia and elsewhere in the developing world could become a new global growth engine, says ILO Labour Economist, Steven Kapsos.

Date issued: 22 January 2013 | Size/duration: 00:01:23