By  on January 21, 2013

GENEVA — The global labor market is expected to deteriorate further this year, partly due to the slowdown in economic growth — particularly in Europe and other developed countries — with world unemployment forecast to rise to more than 202 million, up 5.1 million from 2012, an International Labor Organization report published Monday said.

“Prospects are unfortunately not good…the trends are still very much in the wrong direction,” said Guy Ryder, ILO director-general, during the launch of the agency’s “Global Employment Trends 2013” report.

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